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

Perspective adds £100mn assets with eleventh deal of year

The advice consolidator topped £4bn in assets near the beginning of this year.

Project management consultancy LogiKal joins Assystem

The consultancy will bolster Assystem’s infrastructure market offering, helping it to deliver UK projects relating to the country’s green transition.

Blackstone and Rivean complete acquisition of Esdec Solar Group

Rivean announces completion of continuation fund

Norwegian asset manager Storebrand toughens stance on biodiversity

Starting immediately, Storebrand said it would no longer invest in companies that dispose of mining waste in the sea or rivers; those involved with deep sea mining; and those which earn more than 5% of revenues from drilling in the Arctic.

Tavistock offloads research firm bought six months ago

Business sold for £3m – the same price paid for it in May 2022

Keystone Positive Change trust records 35% NAV drop

Below benchmark 3.7% fall

Mosaic continues global expansion with launch of Frankfurt office

Mosaic plans to further expand its presence in Frankfurt over the next 12 months with additional senior hires.

Golding study: funds of funds reduce volatility in private markets by 90 per cent

The positive impact of diversification on income volatility is clearest in the buyout asset class.

Constructive outlook for precious metals

There has also been a modest rise in longer-term inflation expectations in most developed economies, which is a benign signal for precious metals.

Temasek to open third European office in Paris

These opportunities are aligned to the four structural trends - digitisation, sustainable living, future of consumption and longer lifespans - that guide our investment focus.

Mortgage approvals fall 11% as lenders hit by borrowing dip

Lenders have continued to cut their rates after they peaked in October following former prime minister Liz Truss’ "mini" Budget.

Nucleus eyes deal to acquire Sipp provider

There is no certainty that an offer will be made

Hawksmoor adds Worcester office to regional expansion

The new office, based in Oak House in Bridgewater Road, will be led by senior investment manager Adam Martyn-Smith.

UK savers in cash ISAs losing out on £26.7bn in interest with inflation at 40-year high

These savers are rapidly losing money in real terms as the value of cash is rapidly eroded during periods of high inflation.

Eurotrader acquires UK broker Petra Asset Management

The acquisition of this FCA license is another big step for Eurotrader.

Sale of Spanish life insurance company Sa Nostra Vida completed

The transaction, together with the additional stake in Caser acquired in the summer, strengthens the non-life business within the entire Group.

PensionBee hits £3bn in assets under administration

A solid milestone reached despite macroeconomic volatility.

Abrdn’s Hugh Young: 'I can guarantee you a poor year of investment'

The Abrdn veteran says you don't know when mistakes will happen but it's important to dwell on them.

H2O pushes back on ‘unfair’ CHF 74m fine in France

Fixed income boutique accepts it exceeded an acceptable investment ratio but claims no wrongdoing in relation to Tennor-related holdings.

State Street cuts fees on emerging markets ETF

More than halved

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