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

Progeny group hails "very strong" first half

Progeny Group is based in Leeds with offices in London, Edinburgh, Salisbury, Buckinghamshire, West Sussex and Lancashire.

Four in ten advisers consider full platform ownership

In May research from Nextwealth found almost half of advisers planned to launch their own white-label platform in the next three years.

Morningstar UK Fund Manager of the Year Finalists

The nominees for the 2021 Morningstar UK Fund Manager of the Year Awards have been announced

State Street Launches Front to Back Private Markets Solution

Agrees to Acquire Mercatus, Inc. to Offer Fully Integrated Platform For Growing Private Market Segments Including Infrastructure, Private Equity, Real Estate, Private Debt and Fund of Funds

Swiss Life Expands Into Nordic Real Estate

Swiss Life Asset Managers will retain NRP’s real estate unit of 39 employees and its Oslo office which will operate under the Swiss Life Asset Managers brand.

Morrisons bid battle prospects diminish as private equity giants join forces

Apollo Global Management has said it is no longer considering a rival offer to buy Morrisons, but is instead in discussions with the consortium whose bid has already been accepted by the board.

Crestbridge shortlisted in private equity service provider awards

After a year of strong growth in the private equity space and across the group, it has been named as a finalist in the ‘Fund Administration (Under $50bn AUA)’ category at the awards.

Grant Thornton and Bold advise on adm's Dutch acquisition

Among the firm’s well-known clients are Dove, Fairy, Nivea, MaxFactor, Oral-B and Head Shoulders, as well as retailers such as Boss and Puma.

Gilson Gray acquires Wealth Manager

This latest move means that former Westbourne clients will continue to have access to investment options and back office functions.

Exclusive: Two City lawyers on a mission to make their fintech the 'Amazon of Islamic finance'

Islamic Finance Guru (IFG), a UK-based Islamic finance platform, has closed an investment round led by Outward venture capital, as the market for Islamic fintech grows.

EY acquires organisational change consultancy

In this case, there is likely to be a boom in demand for consultants who specialise in assisting clients with cultural change.

Aegon platform bounces back as 100 advice firms join

Aegon currently has about 1,000 firms that are actively managed out of about 6,000 advice firms which have assets on the platform.

Credit Suisse sells European life and pensions business

Credit Suisse Life & Pensions AG - the company's European life and pensions business - has been sold to Octium Group for an undisclosed amount.

Vanguard makes first acquisition in 46 years

The combination of Just Invest’s platform with Vanguard’s low fee retail target can show users where Vanguard sees the use of direct indexing.

Rebalance investment portfolios for second half of ‘bullish’ 2021

The bullish sentiment remains, yet investors now need to be looking ahead to a new phase: a move from recovery mode to sustained growth.

PGIM to acquire Montana Capital Partners

MCP’s co-founders Dr. Christian Diller and Dr. Marco Wulff will continue to manage the business and serve as co-chief executive officers.

Kempen to launch second European private equity fund

Kempen has opted in particular for this combination because it ensures diversification of risk and shortening of the J curve.

Numis on course for record year as private company funding booms

“Overall, year to date deal volumes and average deal fees are materially ahead of the comparative period"

Apex Group enters German market with acquisition of mola-administration

Following the transaction and the integration of Mainstream Group, the employees of Hamburg headquartered mola-administration will join the Group’s 5,000 strong global team across 50 offices worldwide.

Phoenix sells Ark Life business for £197m

Therefore Phoenix said the deal was a “natural evolution of the existing relationship” which would benefit Ark Life's customers and colleagues.

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