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

Shifts in large hedge fund ETF holdings

Schwab US TIPS, Invesco QQQ Trust Series 1 and iShares Core S&P 500 follow, with hedge funds holding about $3 billion worth of shares in each ETF.

Putting more pep in your PPM

Private equity comes with its own lexicon.

Gambit named most active corporate advisory firm in Wales

In the first nine months of this year it has acted on deals worth £250m

JTC supports harmony energy income trust listing

"We are very appreciative for the expertise provided by JTC through the listing process and the ongoing support for the trust.”

STEP Elections 2021: Results announced

The candidates take up their seats on 1 January 2022, for a term of three years.

The Openwork Partnership Evolves with Strategic Partner Firms

Strategic Partner Firm contracts give the biggest network members and The Openwork Partnership more security to invest in a mutually beneficial relationship while offering control over client ownership and marketing rights for the Strategic Partner Firms.

Hargreaves Lansdown Chooses Moody’s Analytics to Support Investment Solutions Development

Hargreaves Lansdown will be leveraging Moody’s Analytics’ award-winning Economic Scenario services and Portfolio Risk Analytics (PRA) software to support the construction of multi-asset solutions.

HSBC Asset Management closes second directly-managed secondaries fund

Private Equity Opportunities II closed in October 2021 with total commitments of c.USD1 billion and follows the successful fundraising of USD1.34 billion for the firm’s first secondaries fund, Private Equity Opportunities, in December 2020.

Praemium enters ‘final stage’ in sale of UK platform

Praemium’s international business includes the Praemium UK platform as well as businesses in Jersey, Dubai and Hong Kong and its investment management company Smart IM, and the customer relationship management systems Wealthcraft and Plum.

Advice firm goes on acquisition trail as part of five-year plan

It is also looking to help new blood enter the industry through training up graduates into the profession.

Tatton profits rise by £2m after acqusition

For the first six months of this plan, the firm’s AUM reached £10.8bn.

Universal-Investment increases assets by a fifth

The Group, whose Securities, Real Estate and Alternative Investments business divisions are all growing, is one of the fastest expanding fund companies in the DACH region.

Green bonds might never be as liquid as conventional bonds

Zahn explained that another reason for the inferior liquidity of green bonds is due to the investors themselves.

HSBC AM raises $1bn for second private equity opportunities fund

The fundraise comes shortly after the group united its alternatives capabilities under one unit.

Bain outlines plans for takeover target LV=

Bain Capital has outlined plans for its takeover target, the mutual provider LV=, ahead of a key member vote on the controversial deal.

LV committed to Bain deal despite Royal London interest

In its previous proposal, Royal London's focus was on creating a large-scale mutual

Goldman Sachs backed broker makes acquisition

Other recent purchases include professional indemnity insurance provider Plester Group

Whitehall Capital now able to hold assets in tokenised form

Using the Securitize platform, Whitehall investors will now be able to buy and sell units in the Fund, trading their holdings with other investors.

Fund managers call lawyers over ESG jitters as greenwashing fears mount

New rules rolled out across the European Union in March — known as the Sustainable Finance Disclosure Regulation — have also raised anxiety levels among asset managers.

Liechtenstein real estate debt AM launches

It has four founding partners, three of which recently left Swiss fund distribution company Fenthum.