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

EdR wraps up third closing of environmental infrastructure fund

Edmond de Rothschild and PEARL’s new fund reaches CHF 293.4m in its third closing.

Parents earning £75,000 could gain £16,000 in Child Benefit payments and leave themselves £170,000 better off in retirement under new rules

The long-term result would also be to increase their pension pot by £167,364 at age 68

Markets give platforms a reprieve in 2023: Fundscape

For the second year in a row, investor sentiment has been battered by the cost-of-living crisis, the UK’s poor economic outlook, geopolitical uncertainty and the outbreak of wars.

Darktrace posts positive results and could be at home within the UK ISA

The appointment of a new Chief Revenue Officer seems to be yielding good results, as evidenced by the early signs of improvement in revenue generation.

Schroders Capital to launch a UK venture and growth LTAF with £300 million awarded by the British Business Bank and Phoenix Group

Both awards are subject to ongoing commercial discussions and the internal governance processes of all involved parties.

Pollen Street Capital to buy Mattioli Woods in £423m take-private deal

34% premium to closing price

Norway's wealth fund pushes for more women on emerging market company boards

It has set the pace on a range of issues in the environmental, social and governance (ESG) field.

Shortlists revealed for NW Young Professionals Awards

The awards are also sponsored by Black Cat Building Consultancy, Hall Brown and PMD Business Finance.

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.

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