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

Capital Group plans new OEIC range as part of UK intermediary market push

First sustained brand campaign also launched

Business mogul Zaren Vassallo named EY Entrepreneur of the Year

Dr Juice founder John Winfield named EY Rising Star

Ashurst advised CapMan on third Nordic real estate fund

Global law firm Ashurst advised CapMan on the establishment of their third Nordic value-add real estate fund, the CapMan Nordic Real Estate III Fund.

Laurium Capital launches Irish UCITS Africa bond fund

Paul Robinson, portfolio manager said: "With global investors on the hunt for yield, African Eurobonds currently provide access to a liquid asset class which is offering some of the most attractive USD yields globally.

Watford targets new business relationships in France with Axeria acquisition

Jon Levy, Watford’s chief executive officer, said: “Our objective is to leverage our large capital base and Axeria’s experienced team to strengthen existing business relationships and to build new ones.”

Investment performance drives 7% growth in reinsurance capital in 2020: Willis Re

On an underlying basis, by normalising COVID and natural catastrophe losses and excluding reserve releases, the combined ratio improved to 100.7 percent, Willis Re said, the first full-year improvement in the ratio since at least 2014.

Is it time to quit Hargreaves Lansdown?

It was the reason many of us began investing. Now the fund platform faces serious competition

Fidelius Group acquires Bath-based IFA

Adds £105m AUM

Fidelius acquires Bath-based IFA

There will be no changes in the costs to clients of the IFA, Fidelius said, though it added the business would benefit from the economies of scale, technology and administration of the larger firm.

Zurich seals $3.94bn deal to buy MetLife's US property and casualty arm

"We expect the new business to contribute to growth beginning this quarter and start building on the leading positions that Zurich and the Farmers Exchanges have separately developed in the attractive US market."

Atom Bank valuation halves on £40m raise

The app-based outfit says lending to SMEs on its balance sheet has tripled over the last 12 months to over £700 million.

Octopus launches Octopus Moneycoach following acquisition of financial coaching provider Hatch

Octopus Moneycoach works primarily with employers, who offer its services as part of their workplace benefits, with existing clients that include MoneySuperMarket, Sony Interactive Entertainment, Epson, and Experian.

Momentum Global IM to rebrand funds following Seneca acquisition

All five funds are highly diversified portfolios investing in a wide range of global asset classes such as equities (both directly in the UK and selected third party managers overseas), fixed income, cash, property, and alternative strategies.

City abandons idea for £300m listed COVID recovery fund

The project, which was the brainchild of LSEG chief David Schwimmer, has been quietly abandoned, insiders have told Sky News.

Highvern Establishes London Office

Moving forward, the London office will be able to service clients not only from Jersey but will also be able to respond to a growing demand to service clients with UK based private wealth and corporate structuring requirements.

Google rejigs remote working as it reopens offices

Google is currently preparing for a broad reopening in September, when employees will be expected to be in the office for at least three days a week.

AURELIUS acquires AutoRestore Limited from Belron International

Rivus, Pullman and AutoRestore together solidify market leadership in fleet management and accident repair developed by AURELUS since its first acquisition in the sector in a complex corporate carve-out from BT Group in 2019.

BNP Paribas to partner with Baringa in the development of its climate scenario analysis capability

his partnership between BNP Paribas and Baringa will help to develop the standards for embedding climate scenario analysis within one of the world’s largest banking institutions.

Lumin Wealth buys Hertfordshire-based financial advice firm

Brings AUM to £600m

Ascentric and Prudential Financial Planning names disappear in rebrand

Together we are greater than the sum of our parts – and I want that to be fully reflective in our brand and visual identity.

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