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

PFS operating costs drop due to reduction in CII overheads

In 2021, central overhead recharge was £3.85mn, down from £4.49mn in 2020, representing a reduction of £644,000.

Barings Closes Inaugural Target Yield Infrastructure Debt Strategy at $630 Million

Latest fundraise expands Barings' $14.3+ billion Global Infrastructure platform

Fund Manager of the Year Awards Winners Interview: Liontrust

The investment processes are enhanced by the experience of our fund management teams.

Fundament Advisory’s Joint Venture With Edmond de Rothschild REIM

EdR REIM manages a total volume of 3.2 billion euros in the residential sector in Switzerland and the United Kingdom.

Quilter announces sponsorship of Girls Are Investors (GAIN)

This sponsorship is part of Quilter’s commitments made in its two-year Inclusion & Diversity (I&D) Action Plan.

FSCS payouts to steelworkers fall by £30k

This means from July 1, new quarter assumptions were taken into account by the FSCS.

Norway's wealth fund loses record $174bln in first half of 2022

The $1.3 trillion fund's return on investment was a negative 14.4% for the January-June period, which was still 1.14 percentage points ahead of the return on its benchmark index.

Business secretary clears deal for BT shares by French billionaire Patrick Drahi

The French billionaire began, who also owns auction house Sotheby’s, bought his first stake in BT last June.

Chrysalis managers stand by unlisted holdings

NAV tumbles 22.8% in three months

Emerging managers survey 2022

Newly launched alternative investment funds in Europe (including the EU, Iceland, Liechtenstein, and Norway) raised €514 billion during 2020

UK households could face 'financial breaking point' if inflation hits 18%

Recession is 'almost an inevitability’

Barings EMEA trust loads up on Middle East

32.5% in Saudi Arabia

Investment Update: Investors Fear Recession Will Hit UK Before Year-End

HYCM surveyed nearly a thousand retail investors each with at least £10,000 under management excluding both the value of their home and workplace pension.

Brunner snaps up positions in high-growth stocks previously deemed 'uninvestable'

Due to high valuations prior to derating

Aviva Investors boss on the challenges of being a mid-sized firm

Versey succeeded Euan Munro as chief executive of the business in January 2021.

Bridgewater changes tack on bets against European companies

With European regulations only requiring funds to disclose bets over 0.5% short interest, Bridgewater’s shorts against European stocks could be bigger than reported.

Premia completes fourth big deal at Lloyd’s

Since its launch in 2017, Premia has acquired more than $3 billion in gross loss reserves across several transactions

Skerritts buys London IFA with PE backing

The firm’s private equity investor is Sovereign Capital Partners, a private equity buy and build specialist.

Swiss Life increases its fee result by 17% in the first half of 2022 and reports higher profit from operations and net profit

The Swiss Life Group achieved adjusted profit from operations of CHF 922 million in the first half of 2022, an increase of 6% from half-year 2021.

Norway's wealth fund loses record $174 bln in first half of 2022

All sectors saw lower returns, apart from energy

Alternative Investments