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

Ken Wotton not ecstatic over wealth consultant’s PE approach

He views its recent approach from Bridgepoint as an example of private equity exploiting distressed UK small cap valuations.

Allianz increases operating profit by 6.8% to 4.0 billion euros

2024 operating profit target maintained at 14.8 billion euros, plus or minus 1 billion euros2

Milecross Financial makes first in string of planned 2024 advice firm acquisitions

The deal adds £30m of assets and around 600 clients to the national advice firm

DWS buys boutique that developed €1.8bn global fund

The German asset manager was already responsible for the management of the Arero - Der Weltfonds.

Hargreaves Lansdown launches model portfolios using BlackRock’s passive funds

The investment platform is rolling out a range of passively-managed multi-asset solutions in response to the rising popularity of cheap trackers.

Verve Foundation launches new cohort of financial adviser students

Those sponsoring the initiative enable new talent to enter the profession, helping to lower the barriers of cost and lack of experience.

Asset managers report elevated gross retail sales in first quarter

Passive funds were the most popular purchase, accounting for 74% of all sales over the period

Royal London loses £1.8bn mandate after Rutter’s exit

Australia’s Ironbark Asset Management is switching funds run by Royal London to former head of equities Peter Rutter and his new firm.

GENERALI : Oddo BHF raises its target price

Uninformed investors are advised to consult a professional advisor before investing.

UK companies find new suitor in private equity (and themselves)

Private equity snaps up UK companies as valuations remain low

Revitalising the financial sector: A call for innovation at IQ-EQ Crossroads

Despite its reputation for high starting salaries, the sector’s first entrant on the ranking of most desirable companies came in the form of JPMorgan, in 11th place.

‘Back with a bang’: Is the UK economy back on track after GDP data?

Rob Wood, chief UK economist at Pantheon Macroeconomics, said the UK economy was “back with a bang”.

European associations release report on improving competitiveness of European capital markets

The report underscored the significance of maximising Europe’s capital markets infrastructure, amplifying capital pools and improving investor outcomes.

Jupiter’s Ariel Bezalel cautious amid US recession fears

The Jupiter Strategic Bond co-manager is adjusting his £2.5bn portfolio in the face of a looming recession in the US and the fragile global economy.

Legal & General launches new initiative to help prevent burnout

The partnership means sharing the responsibility for wellbeing and going beyond traditional roles while allowing for both parties to benefit from healthier rights and holding each other accountable.

Defaqto launches 'game-changer' MPS comparison tool

The tool will also offer providers competitor insight and allow them to differentiate their offerings from others in the field.

Why Western investors don’t care about gold’s record rise

Developed market investors seem surprisingly indifferent to gold’s recent all-time high, but its role as a ‘safe-haven’ asset is growing in emerging economies.

Firms outside London attract the majority of private capital

Ventures in finance and insurance proved to be the sector in which London was most dominant

Triodos Bank joins forces with Fondaction to accelerate positive change in global finance

Collaborating with institutions that share our vision and values is essential to fostering the transformation needed to shape tomorrow’s economy.

Walter Scott & Partners all in on global equity as other money managers push to diversify

Higher interest rates will lead to private equity and private debt markets blowing up soon enough

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