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

Swiss real estate offers opportunities as interest rates decline

The sector traded in a persistent downtrend, and we expected outflows to persist after more than a decade of investors increasing allocations to ‘alternative’ assets.

The only long-term laggard UK income fund back to the top of the rankings

Trustnet looks at the UK equity income funds that have struggled over the long term but have pockets of positive performance more recently.

Scottish Widows closes Ethical fund

The pensions firm says that the fund failed to meet its investment objective.

P1 Platform launches service for advisers to accelerate report writing and client disclosures

The tool generates a detailed investment proposal that showcases how a client’s investment would be structured

Octopus backs £4.6m funding round for sailing vessels that produce renewable hydrogen

British clean tech startup Drift Energy has secured £4.65m worth of seed capital from Octopus Ventures to develop sailing vessels that will create green hydrogen at sea using deep ocean wind.

Fixed income in demand amid mixed equity markets: Morningstar

In contrast, active equity strategies experienced net outflows, underscoring the shift towards more cost-effective, passive investment options.

German fund industry grows over €4,300 billion AuM

Over the past decade, the industry’s assets have nearly doubled, reflecting an average annual growth rate of just under 7%.

Future retirees less likely to leave inheritance amid financial pressures

It found that while 68 per cent of UK adults felt it was important to leave an inheritance, mortgage and rental costs posed “significant challenges” for future retirees.

PMI providers offering guided network option as UK health system moves towards three-tier model

It said this increase in options can add complexity to the market, necessitating thorough training for advisers.

Aviva to merge away £2bn credit fund with poor performance

The company acknowledges the weak track record of its formerly £4bn sterling credit fund.

Danske renames and refocuses two alternatives funds

Funds will concentrate on private equity and private credit.

Nedgroup Investments outsources to Northern Trust

Northern Trust will support Nedgroup Investments with its new fixed income platform through its Integrated Trading Solutions (ITS) offering.

European fund performance significantly lags behind US peers after T+1

Post T+1 analyses of passive S&P 500 funds show European returns are 14-20 basis points lower than their US equivalents

Iress’ UK operations contributes to strong half year results performance

Strong action on cost reduction has delivered operating leverage with our Adjusted EBITDA margin up 760 basis points to 21.7% and Adjusted EBITDA growth of 52%.

JTC To Acquire The Buck UK And European Share Plan Administration And Trustee Businesses

This acquisition is exciting for us given share plan services are closely aligned with our own shared ownership philosophy

UK asset managers see brighter outlook as net sales surge during ISA Season

According to the research, this indicated a boost in investor sentiment during the individual savings account (ISA) season, despite ongoing market volatility.

Europe steps up bid to attract captives

France, Italy and Britain are considering ways to enhance their attractiveness as captive domiciles.

UK GDP shows no growth despite Taylor Swift effect

In a significant move the Bank of England reduced interest rates by 0.25% in August, bringing the base rate down to 5%.

EVPro integrates with financial adviser CRM Plannr

Plannr customers can now use EVPro to analyse and risk rate their assets effortlessly without the need to rekey information, reducing errors and cutting the time taken to create plans.

Kingswood adds £6m debt facility at 12% interest rate

This latest debt raising follows a similar £8m funding agreement in February

Alternative Investments