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

Team announce interim results and plans for UCITS launch

UCITS launch set as firm says it has now received final approvals from the CBI and JFSC.

Handelsbanken research reveals generational differences in financial habits

The findings reveal stark differences between generations on their preferred channels for carrying out financial tasks.

Transact and Plannr join forces to speed up account opening process

System integration is part of both Plannr and Transact’s strategies to create a fully integrated adviser ecosystem.

River Global set to acquire Devon Equity Management

Half-year results show profitability 'tantalisingly close' for the asset management group

BNP Paribas completes acquisition of AXA Investment Managers

The combination of AXA IM, BNP Paribas Asset Management (BNPP AM) and BNP Paribas Real Estate Investment Management (BNPP REIM) will create an unmatched global platform for long-term savings and investments.

Barings sees rare interest in Europe as Asian investors diversify

The alternatives manager said it is seeing 'active interest in Europe' among investors in Asia, where the continent has historically been a very tough sell.

Property transactions rebound in May but remain below long-term average

After April’s sharp slump in transactions following the stamp duty threshold changes

UBS AM endorses European equities

Higher returns and a low correlation to US equities make European stocks more attractive for a long-term strategic asset allocation, according to UBS AM.

Liquidity crisis support made in Switzerland and the too-big-to-fail subsidy

Banks have long posed threats to financial stability

Once-in-a-generation advice changes to help millions navigate their financial lives

The FCA’s proposals would allow firms to offer a new type of help called ‘targeted support’ and make suggestions to groups of consumers with common characteristics.

Trust news: Fidelity European absorbs rival, more bids and fee cuts

Meanwhile many more trusts have announced fee reductions.

Martin Gilbert-backed VC firm on buying assets at 50% discount

London Technology Club is buying up assets at deep discounts from frustrated company employees who want to cash out.

Luxembourg finds ways to maintain leadership in fund tokenisation

The Grand Duchy’s legal framework permits use of distributed ledger technology (DLT) in all relevant fund lifecycle events including issuance, recording and transfer of ownership, pledging and the trading of fund shares.

Botham Accounting opens in South Yorkshire

The move follows Botham’s recent London expansion and reflects wider growth – including its debt advisory arm, Botham Capital, which will also operate from South Yorkshire.

New report from State Street Global Advisors reveals UK’s changing attitudes towards retirement

UK savers are less likely to work with an independent or employer sponsored financial adviser compared to savers in other countries.

Investment platform TILLIT closes down

TILLIT will be working closely with key partners – including its custodian, Seccl Custody and the Financial Conduct Authority (FCA) – to ensure an orderly wind-down process that avoids client harm and upholds the highest standards of care.

QIA and Fiera Capital launch USD200m Fiera Qatar Equity Strategy

The Strategy - structured as a daily-dealing mutual strategy - will be available to international and local institutions desiring actively-managed exposure to Qatar's equity market.

PDG names 12 insurers in 2025 Claims Charter

Each will receive a 2025 Claims Charter badge to signal their status to advisers.

City Financial joins Wren Sterling in Scotland expansion deal

The transaction ensures over 6,000 clients and £700m of assets under management will become part of Wren Sterling, boosting its overall AUM to £11bn.

Wren Sterling launches its Retirement Desk service for employees nearing retirement

Wren Sterling’s Workplace team currently offers employee benefits and workplace wellbeing services to over 500 clients and over 80,000 employees are in scope for support when they reach retirement age and up to 5 years beforehand.

Alternative Investments