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

Record number of £10m-plus London properties sold as pound falters

Despite Brexit and the loss of Russian custom, the super-rich are still piling in, buying up homes including one on Belgrave Square for £90m

People on the move: key North East appointments and promotions

Companies including Devin Consulting, Your Homes Newcastle and Unwritten are among those making appointments this week

L&G protection upgrade under fire after client refused policy

Advisers use the portal to provide pre-underwriting data for critical illness and income protection policies on behalf of clients.

Fund managers and investors united in market pessimism

The outlook for fixed income is also looking poor, with long-term rate expectations at three-year lows, with investors anticipating a “bull flattering” of the yield curve.

Sanne Group issues half-year trading statement and acquisition update

Sanne has reported a strong performance in the half-year to 30 June, with a return to double-digit organic revenue growth, record new business wins and continued strong cash generation.

CII reveals plans for the year ahead

When it comes to membership, the CII and Personal Finance Society commit to working together to achieve greater recognition from policymakers and other key stakeholders of the power of insurance

The retail intermediary market 2021

The data on this page reflects returns submitted to us by firms for periods ending within 2021.

UK’s outdated property taxes favour the wealthy, says OECD

An increase could mean lower income tax and and also help young people on to the property ladder

Intermediate Capital Group reports asset growth in quarter

ICG fundraised USD4.5 billion in the quarter. The group said it has a total available liquidity of GBP1.4 billion as at June 30.

Redmayne Bentley launches Financial Adviser investment proposition

Redmayne Bentley will run on-site Investment Committee Meetings, allowing firms working with them to have meaningful ongoing input into the investment proposition on behalf of their clients.

abrdn to offload private equity arm as part of restructure

abrdn’s private equity arm managed around £14bn in assets at the end of last year.

Imperium Trust Company (UK) Limited Completes the Acquisition of Page Tax Consulting

The acquisition bolsters Imperium’s existing UK service offering of professional Trusteeship, Company service provision and full accounting and UK tax compliance capabilities.

Parmenion rolls out centralised investment proposition tool for IFAs

As it embarks on ‘new direction’ to become adviser firms’ CIP ‘provider of choice’

Jonathan Ruffer’s Investment Review

Most commentary centres around what inflation will do in the short term – which gives, at best, uninteresting answers, and, more importantly, irrelevant answers.

abrdn creates sharper sustainability focus for three funds

The equities funds are due to be aligned with Article 8 of the EU’s Sustainable Finance Disclosure Regulation (SFDR) on 1 August.

Fund investor sentiment falls to record low

Lower than Q3 2020

Tech firm adds Sipp amid talks with IFA consolidators

It operates in a similar capacity to ‘white-label’ providers such as Seccl and Multrees, except advice firms do not need regulatory permissions.

Launching Pensions & Incentives!

ZEDRA launches this offering as the UK pension trustee and governance services sector is undergoing significant changes and facing challenges that will require dedicated effort and investment from long term owners.

AM Best affirms financial strength of Lloyd’s

AM Best expects that Lloyd’s will produce strong technical performance over the underwriting cycle, and that capital will continue to be attracted to the market.

One of London's most powerful hedge funds builds up massive £1.1bn gamble that shares in dozens of companies will fall

Its short interest in London stocks means it expects a further slide in share prices as inflation and interest rates bite.

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