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

New Semiconductor Institute welcomed by UK chip sector as part of £1bn strategy

It is one year since the UK government published its semiconductor strategy.

Standard Life sets out plan to tackle financial vulnerability

The rising cost of living is a major factor, and other drivers include an ageing population, rising rates of obesity and mental-health disorders.

Ares Management, CDPQ, and Schroders Capital announce EUR 750 million financing for expansion of Vantage Data Centers’ EMEA platform

Ares and CDPQ are providing up to EUR 300 million respectively, and Schroders Capital is contributing up to EUR 150 million.

UK asset owners optimistic on fixed income opportunities

Additionally, 28% express confidence in increasing credit risk exposure, underlining a cautious yet discerning approach among investors.

Labelling rules could boost sustainable investing interest

Investors don’t believe the label being put on these products.

abrdn relaunches two fixed income portfolios as part of ongoing consolidation

Gives ii investors exclusive access to new fund

Are successful fund managers just lucky?

The Squeeze: Sample sizes will never be big enough to know whether an investor is good or lucky

UK Fund Managers Vent Frustration Over Stalled ESG Policies

The UK government has repeatedly backtracked on key green policies, including a decision last month to allow new gas-fired power plants.

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”.

Alternative Investments