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

AJ Bell and Hargreaves Lansdown open up retail access to IPO and secondary fund-raising markets

There has been significant growth in the numbers of retail investors in the market in recent times.

Macquarie Asset Management acquires state-of-the-art Dutch logistics real estate portfolio from VDG Real Estate

VDG Real Estate, part of the Van Dijk Group, invests in and develops real estate for clients in various sectors with a strong focus on logistics.

PensionBee ‘benefit waiver’ causes industry uproar

“This means that we won’t check with your provider on either of these things, which can also help to speed things up.”

AXA IM bolsters Global Credit team with CDI and Climate expertise

Monique, who joins from Insight Investment, will be working in the portfolio solutions team

BlackRock to launch infrastructure fund focused on the energy transition

The strategy will be perpetual, meaning investors will be able to continuously invest capital over its life.

Woodford fund loses 17% in value after holding folds

Link emphasised it had “worked hard” alongside other shareholders in Rutherford Health to support the new management to improve the company’s financial situation.

UK’s largest asset manager raises concern over Ireland’s climate targets

Legal & General Investment Management votes against chairpersons in 80 companies for failing to tackle issue

Could managed futures ETFs re-enter the fray in Europe?

Europe has been without a CTA ETF since 2020

HNWs and surging cost of living drives increase in equity release

The trend is being driven by those at the top end of the market who may not be facing the same financial struggles as the average homeowner.

Aegon issues fifth distribution as property fund wind-up approaches anniversary

Further £18m

Cleveland Potash pension schemes appoint WTW’s OneDB

Raft of recent client wins takes OneDB’s consolidated pension service to over £4bn in assets under management across 22 clients

BoE mortgage stats show uptick in lending as buyers rushed to beat rate hikes

The value of new mortgage commitments also grew considerably in Q1 2022 to £82.5 billion, up 6.7% on the previous quarter and 6.6% compared to the previous year.

Syz Capital eyes Singapore and UK expansion amid niche strategies push

Geneva-based alternative investment manager is aiming to double its headcount in the next two years.

How the top three growth-focused Euro equity managers compare

The best managers in the sector have had a successful run over the past two years, but the current economic environment is hurting the rally.

Stronger nudge: a push to Pensions Wise

The changes implement a requirement under the Financial Guidance and Claims Act 2018 and are designed to increase take-up of the Pension Wise service.

Opperman supports public sector DB reform

Opperman added that a reform would apply “as much to the civil service and to members of parliament or anybody”.

Scottish Mortgage leads FTSE slide after surprise GDP slip

The FTSE 100 fell 76 points, or 1%, to 7,243, while the more domestically focused FTSE 250 slumped 2% on a slew of worrying data both at home and abroad.

Downing sells VCT business for £17.8mn

Foresight is planning to grow its AUM by 20-25 per cent per annum, and to grow Ebitda by 43 per cent over the “medium term” it said in a statement today.

MilleniumAssociates AG advises KX Power on a Battery Storage Joint Venture with BlackRock

MilleniumAssociates’ Entrepreneurs and Corporates team applied their energy and infrastructure expertise and advised KX Power concerning financial aspects of the transaction through deal closing.

Liquidity: has the tide now turned?

Changing macro environment

Alternative Investments