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

The real reason for the recent market turmoil

The blink-and-you-missed-it correction has been explained in several ways, none of which holds much water.

Advised platform gross flows remain high but outflows continue to rise

The continuous rise means that, overall, advised outflows are up 30.35% year on year.

Berenberg Bank Increases Derwent London Price Target

Berenberg Bank has raised its price target on Derwent London, a notable player in the commercial real estate market focussed on central London properties.

Pension Geeks partners with Royal London for Pension Awareness Week 2024

The campaign’s new partner Royal London has been involved for several years as an ambassador, providing behind the schemes support, live shows and promotional activity.

What real estate fund managers need to know about domiciling in the Channel Islands

These numbers are particularly remarkable considering The Islands have a population of fewer than 200,000 and span only about 120 square miles.

Scottish Widows closes Ethical fund

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

Premier Miton pair dump FTSE put as UK recovers

Gervais Williams and Martin Turner remove derivative protection from Diverse Income as the UK equity income trust reports a rebound in performance.

AIG Life staff face redundancy following Aviva deal

This means that roughly 60 members of AIG Life’s staff will be made redundant.

Spanish funds reach record €37bn in July amid strong net inflows

The market’s expansion was driven by net subscriptions, which amounted to €14.8 billion year-to-date.

Danish funds AuM reaches record 3tn kroner

The growth was primarily driven by equity funds, which attracted net inflows of DKK 10.2 billion, the highest monthly inflow in over a year.

Baillie Gifford US Growth: Investor patience ‘will wear thin’ over underperformance

In the trust’s annual result, it revealed that its underlying assets grew by only 16.2 per cent throughout the year, compared to a 24.8 per cent gain in the S&P 500.

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.

Alternative Investments