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

Organisations cautious on investment in 2023

However, it is widely acknowledged that one will occur by the middle of the year – as is the case across much of the world.

Charles Stanley bolsters financial planning arm

The company currently has 35 financial planners working alongside over 169 investment managers across 23 regional offices.

Most advisers expect to increase allocation to fixed income

“A portfolio combining both asset classes helps to provide investors with a more diversified yield and the income generated can potentially help offset further volatility.”

Property prices take a dip but mortgage rates set to stabilise

Lower inflation should mean interest rates stabilise and even start to drop with mortgage rates

Jersey’s Credit Ratings Confirmed by Standard and Poor’s (S&P)

The stable outlook reflects balanced risks to Jersey’s creditworthiness over our two-year outlook horizon.

Norway's wealth fund buys 49% stake in Iberdrola's Spanish renewables portfolio

Iberdrola said the transaction values the assets at 1.23 billion euros, while a source close to the deal added that that represented 15 times their projected earnings before interest, taxes, depreciation and amortisation in 2025.

Record Result on the German Commercial Real Estate Investment Market; Residential Investment Market Sees Significant Growth

The commercial real estate investment market accounted for €60.1 billion of this amount, thus even surpassing the former record result of €57.6 billion from 2017 (up six percent).

UK wages rise at fastest rate outside pandemic period

Average pay up 6.4%

Advisers weigh up rival PFS body as some mull move to CISI

One adviser FTAdviser spoke to said “many” of his peers were making plans to move to the Chartered Institute for Securities & Investment, a separate professional body which advice firms can also secure chartered status from.

LendInvest enters residential market with Lloyds backing

LendInvest chief executive Rod Lockhart said he was delighted to secure the funding and take the firm's first step into the residential mortgage market.

Invesco bolsters its ETF range with a global high-yield ESG product

The US investment firm’s new offering will echo the strategy of its other investment-grade corporate bond ESG ETFs.

Arthur J. Gallagher & Co. Acquires First Ireland Risk Management Limited

Tony Gill, Linda Gallagher and their team will remain in Dublin under the direction of Ronan Foley, head of Gallagher's insurance brokerage operations in Ireland.

Legal & General adds nine lenders to new-look SmartrFit tool

New residential and buy-to-let affordability calculators from nine lenders. Improved user experience. New European Standardised Information Sheet and evidence of research functionality for BTL.

European Assets Are Now All the Rage as US Markets Sputter

Meanwhile, the region’s investment-grade credit is ahead of its US peers by 6 percentage points over the same period, and the euro currency has jumped 10% versus the greenback.

The Verve Group moves to consolidate businesses

Currently, the group offer adviser support services such as compliance training and outsourced paraplanning across its three brands: Apricity, Para-Sols and The Art of Finance.

Complete Business Solutions sold to EVO preserving 600 jobs

This includes general stationery and office supplies, IT and tech support, photocopier and printing supplies, workspace equipment and installation, and PPE and workwear.

Odey Asset Management sees profits cut in half

Due to performance fee drop

Merseyside Pension Fund appoints Redington as strategic investment adviser

Another key objective is to consolidate the fund’s strong funding position whilst continuing to meet its wider strategic objectives.

Fidelity platform restricts new investments into abrdn PE Opportunities trust

Customers are able to redeem existing holdings in this fund by either selling to cash or switching to other funds, but clients will not be able to buy shares until further notice.

Ruffer ends tumultuous 2022 in positive territory as it continues de-risk mode

'Poor time to take on risk'

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