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

Euronext makes €5.5bn indicative offer for Allfunds

The Allfunds board is evaluating the indicative offer and there is no certainty that any transaction will be forthcoming.

River and Mercantile workforce cut by 22% since AssetCo takeover

AssetCo acquired control of the River and Mercantile business in January 2022, and in the annual report the company stated that operating costs for River and Mercantile fell by just under £10mn - from £32mn to £22.5mn during the period o

iM Global Partner launches managed futures fund to European market

Portfolio of liquid futures contracts

UK economy in ‘a lot better shape’ than bleak figures suggest, fund manager says

Figures published earlier this month showed that the U.K. GDP contracted by 0.5% in December, as the economy flatlined over the final quarter of 2022 to narrowly avoid a technical recession.

L&G Mastertrust reaches £20bn AUM milestone

The L&G Mastertrust is the largest commercial master trust in the UK market, with 275 participating employers and over 1.8 million members

IQ-EQ shortlisted in the 2023 ICA Compliance Awards

IQ-EQ has been shortlisted in the competitive ‘Compliance Consultancy Firm of the Year’ category, which aims to recognise a team who supports clients to effectively manage and improve their compliance programmes.

ZEDRA completes rebrand of US and Curaçao based fund services provider, Atlas Fund Services

Reflecting ZEDRA’s ambitions for the US and LATAM market and commitment to becoming an international leader in the funds services industry.

UK retail structured products achieve 6.4% returns in volatile 2022

622 plans returned gains for investors

One Four Nine announces 'largest acquisition to date'

With the addition of McCrea Financial Services, One Four Nine now has more than 100 staff across the UK, including 31 advisers.

UK Assets Group Relocates to New Liverpool Street Office and Expands Private Client Advisory Division

This expansion comes after 4 years of successful trading

Ruffer hails 'remarkable performance' but issues warning of further volatility

Trust returns 7.1% over 12 months

LGIM partners with UK advice firm on model portfolios

There will be six options with differing risk profiles

Consulting firms maintain 'cautious optimism' on 2023 M&A market

As such, consulting firms have a keen interest in showing their prowess in the space.

RBS International Annual Results 2022 published

The bank also donated £30,000 as part of a 3 year commitment to Community Savings Limited

BlackRock, Standard Chartered join talks at new debt roundtable

Participants include officials from creditor countries China, India, Saudi Arabia, the United States and other wealthy Group of Seven democracies

4 UK shares I’d buy to beat inflation and build wealth!

There’s still plenty of opportunities to generate huge returns despite high inflation. Here are some UK shares I’d invest in to boost my wealth.

Jupiter chief banks on growth to revive fund manager’s fortunes

Matthew Beesley wants to expand overseas and widen product range in bid to stem outflows

FTSE breaks through 8,000 level

Last Week in the City provides a round-up of market movements and the global investing outlook. This covers the week to 17 February 2023.

Richmond Wealth signs MPS deal with L&G to cut costs for clients

As part of the deal, L&G will take on mandatory due diligence required as part of the new consumer duty rules.

AXA Enters the Metaverse Sandbox

With the offering, AXA joins other firms entering the Metaverse which is seen as potentially growing into a $5 trillion market by the end of the decade

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