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

Pension funds, insurers, family offices and wealth managers expect bonds and equities correlation will turn increasingly negative

The study with institutional investors and wealth managers holding assets of €107 billion under management found 43% believe the recent positive correlation between the two asset classes with both falling and rising together will reverse.

Virgin Money agrees £2.9bn proposed takeover by Nationwide

Nationwide said it does not intend to make any material changes to the size of Virgin Money’s 7,300-strong workforce “in the near term”.

Fundment triples revenue and becomes ‘cashflow positive’

This includes investment in the development of its software and infrastructure.

Profits slide at Aviva Investors while Q4 23 reverses AUM decline

Net outflows up 42%

Alliance Trust outperforms benchmark in 2023

'Unusual' lack of Whitmore comment

Aviva named the preferred platform provider by advisers

Quilter remains in second place followed by AJ Bell and Transact

Quilter Financial Adviser School rebrands to Quilter Academy and makes changes to its model

Quilter will offer full-time and part-time courses.

Pension trustees and advisers need to build a dynamic double-act

Most advisers use standard documents and templates, but tailoring these to a specific scheme helps to keep discussions relevant and to build relationships.

DWP rules out £10,000 general levy hit on smaller schemes

DWP told ‘thanks for listening’ after consultation

Man Group launches $50m share buyback

To reduce share capital

Woodford investors set for Link payout as scheme of arrangement becomes effective

Permission to appeal denied

Nedgroup Investments launches Global Strategic Bond Fund

The fund has a duration of 3-8 years and its base currency is US$, but hedged share classes are available in GBP and EUR.

Allianz completes the acquisition of Tua Assicurazioni in Italy

The acquisition was initially reported on October 12, 2023.

Pension funds to disclose level of UK investment under reforms

This is part of chancellor Jeremy Hunt’s pension fund reforms aimed to boost British business and increase returns for savers.

VZ wants to expand capacity in consulting

The VZ Group increased its operating income in 2023 by 15 percent to 463.8 million francs compared to the previous year.

RSMR brings MPS to 7 platforms

The RSMR Passive Plus range provides advisers with another option that sits alongside our actively-focused Rfolios and Responsible ranges.

Mercia Asset Management to manage three BBB Midlands mandates

They will be focused on supporting businesses across the entire East Midlands, South East Midlands and West Midlands.

Stifel downgrades Brevan Howard's BH Macro trust on 'whipsaw' concerns

Limited upside optionality

AllianceBernstein launches equity growth funds with former AGI team

The team seeks to benefit from the compounding power of owning shares in structurally growing, high quality companies.

IQ-EQ shortlisted for ‘Fund Administrator of the Year’ in 2024 Private Equity Awards

The award also recognises those that have been able to use technology, AI and process automation to increase efficiency and quality of delivery for clients.

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