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

PFS celebrates 100 new chartered and fellow members

PFS chartered status is recognised by peers and those seeking advice as a symbol of technical competence and public commitment to professional standards.

AJ Bell enters money market MPS club

It becomes the latest firm to launch a money market MPS, following the likes of Tatton and Elston.

Pictet makes first direct private equity investment

The firm hired a specialist direct private equity team last year.

Shropshire businesses inspired by Nottingham Forest and England legend

Over 100 clients and contacts of a Shropshire accountancy firm had the chance to meet one of England’s most highly-regarded football defenders at a special charity event.

Perspective adds £205mn AUM with Chelmsford-based firm

Perspective now has 500 staff, 38 local offices and 140 financial planners, a third of whom are qualified to chartered level or above.

JTC to acquire Blackheath

The transaction is subject to various closing conditions and final regulatory approvals and is expected to complete during Q1 2024.

Seccl and Moneyinfo team up to launch client onboarding integration

Throughout the process, the integration will connect to Moneyinfo’s customisable workflows – allowing advisers and clients to be notified of completed steps via its adviser desktop and mobile app.

Allianz to write more outwards reinsurance from captive re unit

Reinsurance for third-party clients contributes just over 1/3 of segment revenues.

PP Investment Awards 2023: The winners

Awards recognise asset managers over a broad range of specialisms

Acquisition of Responsible Life and Responsible Lending

The acquisition will enable Royal London to support Responsible Group to continue delivering innovative later life solutions and scale the provision of later life lending in what it believes will be a growing market.

Investment Week reveals winners of Women in Investment Awards 2023

Seventh year of the awards

Rightmove confirmed as Nick Train’s new purchase

The Lindsell Train portfolio manager has bought shares in the property website for his Finsbury Growth & Income investment trust and £4.1bn UK Equity fund.

HSBC share price slides after RBC downgrades stock

RBC predicted that lower rates would pose a “material headwind” of around $5bn over the next two years but would be offset by balance sheet growth.

Aegon uses portfolio management to ‘form partnerships’ with advisers

The funds range from risk managed 1 to risk managed 6, each displaying different levels of risk.

Helvetia expects exceptionally high claims expenses from severe weather and major events in the third quarter of 2023

Helvetia registered an above-average number of intense natural disaster events in the second half of 2023.

Trott makes her mark on Treasury as pension ‘pot for life’ confirmed at Autumn Statement

The idea marries nicely with the Chancellor’s aim of funnelling more money into the UK economy through a concentration of workplace pensions who are able to do so.

Pensioners set to get over £11,500 from state pension and benefits keep original uprating mechanism

This level of uplift follows the inflation matching 10.1% boost that saw the 2023/24 state pension rise to £203.85 a week, or £10,600 annually.

Edward Jones Opens the Door for Advisors to Take Discretion

A former senior manager at the firm said that Edward Jones had historically only allowed portfolio managers in the home office to have discretion out of concern for potential liability

IQ-EQ wins two awards in the Asset Servicing Times Industry Excellence Awards 2023

The awards are dedicated to supporting and recognising talented and dedicated firms, individuals and departments across the financial services industry.

KPMG UK: Number of equity partners dips below 500 as Big Four layoffs begin

It is the first time the firm’s equity partnership has fallen below 500 members since it began to disclose its figures in 2002.

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