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

Jupiter UK Special Situations given top rating by Square Mile

While Artemis Global Select loses rating after management shake-up

Amicorp FS to list in London

‘Leading market’ for financial services

Amundi merges Lyxor global sector ETFs with ESG range; Slashes fees

It is the latest sign of the firm’s strategy to shift part of its ETF range to Ireland as it looks to capitalise on the nation’s favourable tax treaty with the US.

Linklaters advises LeadCrest Capital Partners on two investments in Poland

The parties have agreed to a modernisation plan which will improve the energy performance of the portfolio.

Goldman Sachs Asset Management makes $600 mln bid for Norway's Froy

Froy's fleet of specialised wellboats and other vessels provides maritime transportation services to fish farmers and other aquaculture companies.

Fundsmith Equity sells Amazon at a loss after 19 months

Terry Smith has cut Amazon from his giant fund after just a year and a half, losing around a fifth of his investors’ money on the position.

HSBC UK to offer L&G protection to wealth clients

L&G added to provider panel

Investors continue hunt for income in May

Passives dominate open-ended

Seven reasons to open a Self-Invested Personal Pension (SIPP) today

With pension saving one of the most effective ways to reduce an income tax liability and beat high inflation, Bestinvest unveils a new cashback offer on SIPP transfers to help retirement savings work even harder

DB transfer rules for ‘modest’ pensions should be amended, says LCP

Fairs explained that under pension freedoms “DC pensions have been able to benefit from greater flexibility” but the same cannot be said for DB pensions.

Lansdowne Partners buys London-based Crux Asset Management

Crux founder Richard Pease will retire following the completion of the transaction.

SME Finance enters Dutch market

Despite being the backbone of modern European economies, small businesses remain underserved by traditional banks and lenders.

Mortgage borrowing hits record low as housing market shows signs of freezing up

With mortgage approvals also falling and yesterday’s 25% fall in property transactions, the outlook for the housing market is somewhat bleak as we head into the summer months.

Apex Group adds to client offering with close of Mainspring acquisition

The strategic acquisition of Mainspring adds 70 new employees

Canada and US top targets for alternative assets fund raising in 2023

As well as being one of the top target countries for alternative asset fund raising, professional investors in the US are also expected to dramatically increase levels of fund raising for alternatives.

Mudrick Capital eyes £300m London trust IPO - reports

US distressed credit

Jupiter proposes merger of fixed income funds

Investment Grade and Corporate Bonds

Premier Miton average assets drop 17% over six months as net outflows persist

Equities outflows of £360m

Novia merges platform operations and technology teams

As part of the merger, Eden Scrivenger who joined the platform in August last year, will take on the expanded role of chief technology and operations officer.

Royal London and Scottish Widows pay out multi-millions in protection claims

The total amount it paid out represents 99.4% of all claims to its almost 80,000 customers and their families.

Alternative Investments