- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Fairstone makes third acquisition of 2018

Sims is the latest firm to be fully acquired by Fairstone after joining its downstream buyout programme in July 2015.

Tatton adds £1bn in assets as it approaches IPO anniversary

Tatton was admitted to the AIM market in July last year after an £87.2 million IPO. Paul Hogarth group chief executive, said the firm’s increased profile since the IPO would increase asset inflows.

The Brexit Countdown - Mark Ward, Head of Trading at Sanlam UK

This has provided the UK with a welcome tourism boost, albeit at the expense of the British holidaymaker looking to travel overseas, and the eventual Brexit bill payable to Brussels in Euros.

Fund managers unveiled for 120m pot

The investment fund, managed by The North East Fund, will provide financial support for more than 600 businesses, creating about 3,500 jobs and leaving a legacy of up to £80m for further investment into the region.

Generali sells €540m Belgian unit to Athora

Frédéric de Courtois, group CEO global business lines & international, stated: “This deal underlines our continuing efforts to optimize the Group’s international reach across the world."

Collab Winners Are ‘Building a Long-Term Relationship’ with MetLife

The eight finalists will be invited to attend the collab Summit EMEA and Demo Day in London on 11-12 July 2018 to present their solutions where the ultimate winner will be announced.

ETF Investors Favour Emerging Markets in 2018

Investors scaled back their ETF purchases in March, but in the first quarter of 2018 there were some clear favourite areas of focus

DunPort gets €283m to fund SMEs

The fund will target companies with sales of more than €5 million

Vistra Named ‘Fund Administrator of the Year’

The award recognises the overall achievement of fund administrators in the calendar year of 2017

Allianz GI unveils 'outperformance' fee on fund range

On any day the fund outperforms its benchmark, the outperformance will be accrued as a fee.

FSCS declares hedge fund firm in default

At the start of 2017 RSM was appointed as the liquidators to wind up the business.

M&G takes major step in impact investing with new launch

M&G worked with sustainability research firm Sustainalytics to devise the methodology that calculates the impact of the fund.

Morningstar launches investment outsourcing unit for advisers

Offers fund selection and asset allocation

Novia Global launches ‘Trustee Investment Governance Service’

The option of having ongoing annual reviews is also being made available to trust clients, Novia Global said.

Consolidator unveils new buy-out offer for retiring advisers

The programme already has eight deals confirmed, securing £1.5m in fee revenue and adding £130m assets under management to Fairstone’s financial planning business.

KBC Securities recognised once again at Euronext Awards

This will allow KBC Securities to further achieve its strategy in the future and become the reference for companies in all markets in which it is present.

Industry Leaders Put Forward Vision Of Hedge Fund Firm Of The Future

The interviewees also discuss, among other themes, fees; succession planning; employee diversity; and “alpha”, “smart beta” and “alternative beta” based client solutions.

Brexit will work out rationally – and that's one reason we bought Hermes, says US fund goliath

Federated vice-chairman Gordon Ceresino said while it was right people had concerns about Brexit, the key was "to analyse it and get your arms around it".

EG Capitals Advisor Launches $75m Emerging Markets Corporate High Yields UCITS

EG Capital Advisors has announced the launched its Emerging Markets Corporate High Yield UCITS.

Hastings chair Hoffman to reveal mutual interest in Coventry

The former Northern Rock chief is in line to become chairman of the UK's second-biggest building society.

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