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

Carne Group and WTW gain approval for new Private Equity LTAF

The fund across Europe has approximately $850m of client interest to-date.

BNP Paribas Asset Management is launching its first evergreen diversified private credit fund under ELTIF 2.0

The fund will invest in European corporate and real assets debt in Infrastructure and Commercial Real Estate and targets institutional as well as wealth management distribution channels.

Verso ‘primed for growth’ after integration push

This marks a significant milestone for the group, creating a scalable platform primed for future growth.

Bellway results reflect tough year for housebuilders, but direction of travel is positive

While this is in line with peers and expectations, as well as formal guidance from the company, Bellway’s profit before tax figure has fallen almost -60% year-on-year.

Bancassurance will change the Swiss financial centre sustainably

In other words: Bancassurance will bring about a fundamental change in the Swiss financial center.

Taxpayers increasingly looking at Venture Capital Trusts as way of cutting future CGT bills – Budget expected to see big jump in CGT

Venture Capital Trusts are stock exchange listed funds that invest in small, innovative companies.

NLFI announces new trading plan to further reduce stake in ABN AMRO

At some point during the execution of the trading plan, NLFI’s stake in ABN AMRO may drop below one-third of the total outstanding share capital.

Barnett Waddingham moves to its new home in Leeds City Square

The landmark base reinforces the firm’s strategic growth ambitions in northern England.

British Land retains GRESB 5-star rating across its portfolio

For the past two years, we have been a global sector lead for developments, reflecting the progressive approach of our industry-leading sustainability brief.

Nest appoints WTW and Hymans Robertson to assist with innovation in development of retirement offerings

Industry leading companies supporting plans to launch a new retirement income offering and enhance member retirement support and education.

Ascot Lloyd snaps up £254m Fife advice firm

The private equity-backed consolidator has acquired Create and Prosper for an undisclosed sum.

BareRock launches counselling and wellbeing programme for members

Under the new initiative, BareRock will fund up to 10 one-hour counselling sessions per claim, subject to a £2,000 cap, with no policy excess payable by the club member firm.

Legal & General partners with advice firm on MPS range

It will also manage the rebalancing of the model portfolios to ensure that investments remain aligned with Blue Sky clients’ risk profiles.

Relief for Labour as UK economy sees growth

Changing borrowing rules to allow more investment might be one approach

End of an era for Dundee’s Alliance Trust as it is officially renamed

Alliance Trust will now trade as Alliance Witan Plc.

WisdomTree appoints BNY for ETF servicing mandate

The arrangement will also include WisdomTree’s Bitcoin ETF and range of tokenised funds.

II Awards 2024 winners and highly commended revealed

Congratulations from the G&M Media Limited team to all of you, especially during this complex and challenging year!

BNP Paribas RE bullish on UK’s real estate market

In turn, the supply issue will only be addressed if a number of ‘market force’ factors fall into place, states BNP Paribas Real Estate.

AIC calls on Treasury to include VCTs in cost disclosure exemption

The FCA’s forbearance statement issued on 19 September indicated that all closed-ended funds on a regulated market would be included in the exemption.

Aviva completes £1.5bn buy-in with Michelin Pension and Life Assurance Plan

This is a significant deal showing the strength of our bulk purchase annuity business in securing good outcomes for pension scheme members.

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