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

Goehring & Rozencwajg establishes UK feeder fund

To capitalise on the growth of the commodity market, Goehring & Rozencwajg starts a UK feeder fund.

Berlin-based ACE Alternatives gets a seven-figure seed to redefine alternative fund management

This investment will drive ACE’s expansion into new markets and the enhancement of its tech offerings.

SME Finance Taskforce announces plan boost UK economic growth

The SME Finance Taskforce has released its cation plan to boost the UK economy by speeding up lending and access to finance for 5.5 million SMEs.

European IPO momentum sees funding quadruple in 2024

The global initial public offering (IPO) market endured something of a meltdown in 2022, and struggled throughout 2023.

Boutique Investment Bank Ardea Reportedly Eyes UK Expansion

The report noted that boutique operations in Great Britain have increased in prominence, taking almost 40% of takeover advisory fees in the first six months of the year

AXA Venture Partners’ (AVP) leadership team acquires AXA’s stake in AVP

AXA Venture Partners’ (AVP) leadership team acquires AXA’s stake in AVP, ushering in a new chapter for AVP as an independent private investment company.

Legal & General’s affordable housing strategy grows to £280m following GMPF investment The Greater Manchester Pension Fund (GMPF) invests £120m into Legal & General’s

Affordable Housing Fund, as it continues to invest to increase much-needed affordable housing supply in England.

Quilter Investors adds alternatives to Cirilium Passive for first time

These strategic asset allocation changes mean the Cirilium Passive portfolios now have access to a wider investment universe, but crucially at no extra cost for clients.

UK investment management industry AUM grows to £9.1trn

The IA said the growth is “testament to the resilience and global appeal of the industry, despite a challenging year.”

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.

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