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

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.

HSBC AM unveils new capital solutions unit for expanding alternatives business

The firm added that the unit will become “a new horizontal within HSBC Alternatives

Novia CEO: IFAs say I’m a private equity person – I’m not

He had, quite rightly, been appointed by the private equity company to lead the platform following the departure of its founder, Bill Vasilieff.

Analysts warn shareholders on Boussard & Gavaudan trust proposals

‘Should be very concerned’

USS launches its first asset-backed securities mandate

Following this mandate launch, USS will partner with USSIM’s in-house private markets team in seeking a more yield-seeking mandate.

Advisers ‘need to be well versed’ in Help to Buy alternatives

The body suggested the creation of an industry-wide campaign to draw more attention to these alternatives, including advisers getting more clued up on them.

AJ Bell and Hargreaves Lansdown open up retail access to IPO and secondary fund-raising markets

There has been significant growth in the numbers of retail investors in the market in recent times.

Macquarie Asset Management acquires state-of-the-art Dutch logistics real estate portfolio from VDG Real Estate

VDG Real Estate, part of the Van Dijk Group, invests in and develops real estate for clients in various sectors with a strong focus on logistics.

PensionBee ‘benefit waiver’ causes industry uproar

“This means that we won’t check with your provider on either of these things, which can also help to speed things up.”

AXA IM bolsters Global Credit team with CDI and Climate expertise

Monique, who joins from Insight Investment, will be working in the portfolio solutions team

BlackRock to launch infrastructure fund focused on the energy transition

The strategy will be perpetual, meaning investors will be able to continuously invest capital over its life.

Woodford fund loses 17% in value after holding folds

Link emphasised it had “worked hard” alongside other shareholders in Rutherford Health to support the new management to improve the company’s financial situation.

UK’s largest asset manager raises concern over Ireland’s climate targets

Legal & General Investment Management votes against chairpersons in 80 companies for failing to tackle issue

Could managed futures ETFs re-enter the fray in Europe?

Europe has been without a CTA ETF since 2020

HNWs and surging cost of living drives increase in equity release

The trend is being driven by those at the top end of the market who may not be facing the same financial struggles as the average homeowner.

Aegon issues fifth distribution as property fund wind-up approaches anniversary

Further £18m

Cleveland Potash pension schemes appoint WTW’s OneDB

Raft of recent client wins takes OneDB’s consolidated pension service to over £4bn in assets under management across 22 clients

BoE mortgage stats show uptick in lending as buyers rushed to beat rate hikes

The value of new mortgage commitments also grew considerably in Q1 2022 to £82.5 billion, up 6.7% on the previous quarter and 6.6% compared to the previous year.

Syz Capital eyes Singapore and UK expansion amid niche strategies push

Geneva-based alternative investment manager is aiming to double its headcount in the next two years.

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