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

Hamza Lemssouguer’s London-Based Hedge Fund Expands Team

Launched in 2021 through a partnership with investment firm Squarepoint Capital, Arini plans to become fully independent in the future.

Western Banks Willing to Accept the Short-Term Pain of Russian Exodus

The exodus has included Western-owned banks, as the United States, the European Union (EU) and other allies have attempted to step up their financial war against Russia.

iM Global targets European deals

Asset management network is in ‘in advanced discussions’ with four or five potential new boutique partners.

Phoenix Group invests £90m in affordable housing

Alliance will use part of the funds to invest in improving the sustainability of its current housing stock by bringing all homes to an Energy Performance Certificate (EPC) rating of C or better.

ESG debates should not distract from business fundamentals

Regulators also need time to consult industry participants, draft policy, secure approval, promulgate and then enforce.

Nucleus senior staff exits grow as it looks to fill 30 roles

It is currently recruiting for around 30 roles which it intends to fill by the end of 2022.

Montanaro European Smaller Companies delivers 'unremarkable' return

Suffered from growth reversal

EBRD lends Moldova €300 million to safeguard energy security

The loan will finance up to one-fifth of Moldova’s planned gas imports for 2022, which are vulnerable to potential interruption as a result of the war on Ukraine.

$11tn investor coalition calls for governments to overhaul carbon pricing

The UN-convened Net-Zero Asset Owner Alliance urges governments to adopt legally binding carbon prices to ensure a just and stable transition to a low-carbon economy.

‘All the original VCT players are selling out and cashing in’

“It is turning into a much narrower market where scale is vitally important.”

Crux hit by £640m European equity fund outflow

The asset manager’s AUM dipped by £300m last year due to heavy outflows from its European Special Situations and European strategies.

Marygold & Co. (UK) completes acquisition of Tiger Financial & Asset Management Limited

We are hugely encouraged by the coming opportunity to leverage our highly transformative fintech capabilities within the UK financial advice market, which is ripe for change.

Baillie Gifford funds under management drop £7.2bn

Results to end of March 2022

Sanlam: There are still sunny uplands for growth stocks

Rodgers explained that the question to be posed is how far stock markets will look across the valley at the “sunnier uplands”.

iM Global Partner launches global equity fund with Scharf

Same approach as Global Opportunity fund

Morningstar: European fixed income funds suffer €16.5bn net outflows in May

Equity funds remained in positive territory

Small pots group revisits ‘pot follows member’ solution

The ABI and PLSA said by the end of this year, there are likely to be more than 11mn small, deferred pots in total and without any change in the next 10 years, that figure will likely double again.

House prices in Great Britain hit record high but falls predicted this year

Rightmove expects cost of living crisis to have impact on market in second half of year

World’s Biggest Hedge Fund In $7.2 Billion Bet Against Europe

New disclosures show it has made bets totalling €6.9bn against almost half the EURO STOXX 50 Index, which is dominated by French and German businesses.

PE-backed venture led by ex-Intrinsic CEO buys Beaufort

Thompson founded Solomon last year with Darren Sharkey, who until late 2020 was managing director of Quilter's national advice business.

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