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

IA: UK investment management industry reaches £9.1trn in AUM for 2023

Allocation to UK equities falls 10% in 10 years

Eurazeo acquires French asset management boutique for €350m

The investment in Eres Group represents the 5th transaction for the ECV fund

Royal London AUM rises to £169bn as workplace pensions business grows

Its operating profit before tax rose from £127m to £144m as life and pensions new business grow.

Iress completes sale of mortgage business to Bain

Iress’ Mortgages business provides mortgage sales and origination software (MSO) and associated consulting services to banks and building societies in the UK.

Fundsmith buys into growth investor favourite

Highly-regarded Swedish industrial Atlas Copco is also held by Baillie Gifford.

London Stock Exchange Group plc Interim results for six months ended 30 June 2024

This reflects the strength of our proposition, the improvements we have made to our products and the depth of our relationships with customers.

Northern Venture Trust PLC Result of Annual General Meeting

The resolutions included those to re-elect as directors Deborah Hudson and David Mayes and to elect as a director Brigid Sutcliffe who was appointed to the Board on 2 April 2024.

Onur Genç: “Banco Sabadell shareholders would obtain 27 percent higher earnings per share from the BBVA integration”

Genç stressed that this combination creates value for both Sabadell and BBVA shareholders.

Golding Buyout Co-Investment 2023 reaches first closing at around EUR 100 million

Investors are showing great interest in our co-investment solutions.

Societe Generale initiates EUR 1bn energy transition investment, acquiring 75% of Reed Management

In its strategic roadmap last September, Societe Generale announced a EUR 1 billion energy transition investment in emerging leaders

The IA reports UK investment management industry AUM grow to £9.1 tn in 2023

The UK investment management industry also remains a global success story, second only in size to the United States.

UK CFOs gear up for growth following the election

Corporate risk appetite saw its biggest rise in more than four years in this quarter’s survey

Advise Wise introduces API integration with Canada Life

So we are really pleased to be working with Advise Wise to launch another API link to our adviser portal.

Hoxton Capital makes fourth acquisition of 2024

The company also provides mortgage advice, a will writing service and business financial advice and planning.

AllianceBernstein launches two systematic fixed income portfolios

The funds are managed by Scott DiMaggio and Bernd Wuebben

Small progress on Mansion House Compact ambitions as barriers remain

ABI said that signatories of the compact currently hold £793m of unlisted equity assets in their DC default funds

Allfunds unveils 'game changing' ETP platform

Fund platform publishes performance figures for first six months of 2024, with update on its fast-growing alts distribution business.

SocGen's Benin unit divestiture to cost $27 million in Q3

Per deal terms, the state of Benin would take over all activities operated by the subsidiary, along with client portfolios and employees.

Franklin Templeton launches FTSE Japan ETF for European investors

The ETF invests in large and mid-capitalisation stocks in Japan, tracking the performance of the FTSE Japan Index – net return.

Hedge funds ditch bearish Europe bets at fastest pace in a decade, Goldman says

Europe was the region that saw most net buying, as funds closed their short positions at twice the rate they closed their long holdings, Goldman said.

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