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

Columbia Threadneedle closes standalone UK small stocks unit

The company’s move coincides with a Budget that could make Aim stocks less attractive

Positive summer performance for hedge funds

All categories measured by assets under management that Citco provides administration services for were positive in Q3 2024.

Payden & Rygel launches investment grade corporate bond fund

The fund is constructed so that no single position drives performance.

Rabobank selector eyes Eltif 2.0 funds but stays cautious

Rishma Moennasing is considering the new semi-liquid private markets products coming into the market.

Intelliflo hits milestone of 300 customer-driven platform updates

The programme allows office users to propose enhancements, which the broader customer community can then vote on.

Alltrust Services Limited acquires PSG’s SIPP business

The deal expands Alltrust’s pension administration services to over 11,000 members

European funds’ green exposure should rise, MSCI analyses

Sustainability-related funds now dominate the European fund landscape, representing €8 trillion of the region’s €14 trillion in fund assets, particularly within equity and bond funds.

British International Investment announces $150m trade finance facility with Absa Group to support businesses across Africa

The facility will build on this to provide crucial trade finance to businesses across Africa, with a focus on sustainable and inclusive funding.

M&G launches first sustainable bond strategy along with responsAbility

The fund aims to directly contribute to the UN SDGs, targeting outcomes in health, work and education, social inclusion, the circular economy, environmental solutions and climate action.

Guernsey shortlisted for European Domicile of the Year award

The winners of the awards will be selected by a panel of judges and will be announced at an awards ceremony in London on 20 November 2024.

LGT Capital Partners closes Crown Europe Small Buyouts VI at over EUR 750 million

CESB VI has seen sustained demand from both existing and new investors.

US and European interest rate cuts hang in the balance ahead of crunch week

The numbers for October are expected to show payrolls increased by 110,000, compared to the average monthly gain of 200,000 so far this year.

BUX partners with PrimaryBid open IPO opportunities to retail investors

This move, encouraged by ABN AMRO, is part of BUX’s mission to make investing more accessible and empower retail investors with new opportunities.

World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall

The fund attributed its performance to a stock market boost from falling interest rates.

Rockfield & Ardian launch European PBSA investment partnership

The team will bring technical and financial expertise through all phases of the investment cycle

Open infrastructure fund KGAL klimaSUBSTANZ acquires first wind farm

The Bliestorf wind farm is being built around ten kilometers southwest of Lübeck in a windy location, near which KGAL already manages other successful wind farms.

AHR Group’s transparency is its ‘USP’, says co-founder

AHR Group was founded in 2020 following the merger of UAE-headquartered Arlo Wealth and Harrison Rowe, an international advisory business.

Newly merged Barratt Redrow has long road ahead to achieve prior sales volumes and profits

The combined company also believes that it can expand the use of the Redrow brand and build types into geographical areas historically targeted by Barratt

Wendel to acquire majority stake in private credit manager Monroe Capital

Wendel will acquire 50% stake from Monroe’s management and 25% from Bonaccord Capital Partners.

Fidelity launches two Article 9 high yield active ETFs

The two new strategies aim to meet growing demand for active ETFs in Europe.

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