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

Where next for mortgage prisoners?

These borrowers generally do not qualify for new deals with active lenders, as they fail to meet stricter affordability rules implemented by the Financial Conduct Authority in 2014.

AnaCap completes Novia acquisition

They will be joining Bill Vasilieff who continues as chief executive until 30 June 2021 when he will be stepping down, with Patrick Mill replacing him.

Private Equity Funds Want to Enlist the Millionaires Next Door

FE Fundinfo acquires cashflow provider CashCalc

The plan is to combine FE Investments, FE Analytics and CashCalc to provide a seamless customer journey.

Monument Re closes in on Luxembourg-based life company

Manfred Maske, chief executive officer at Monument Re, said: “This transaction represents an important step in our consolidation strategy by further strengthening our presence in Luxembourg.”

Hargreaves Lansdown assets grow to £133bn in strong start to the year

Chris Hill, CEO of Hargreaves Lansdown, said the growth reflected the benefits of investments undertaken in recent years.

The challenges of constructing a sustainable multi-asset portfolio

Will McIntosh Whyte, multi-asset investor at Rathbones, says: “At the headline level there is no difference between ESG, multi-asset and the rest.

EBRD invests €24.7 million in first MAS Securities’ real estate green bond

The Bank’s investment will support the acquisition of green properties and the development of green and sustainable retail and residential assets, predominantly in Romania and potentially in the wider CEE region.

Cazenove Capital appointed to manage endowment assets for University of Nottingham

Cazenove Capital’s investment focus will be significantly weighted towards environmental, social and governance issues and delivering a positive impact.

Investors pour record £3bn into equity funds in April

Actively managed funds overtook their passive counterparts last month, while non-ESG funds attracted twice as much as sustainable strategies.

Openwork hits record £5.7bn mortgage completions in Q1

This week Accord Mortgages also reported a record month for mortgage applications.

Real estate is becoming increasingly popular as an investment

For 51 percent of those surveyed, real estate is above all a safe investment.

Hedge Funds Face Backlash From Europe in Bond Market

Spain, France and Italy have moved to curb orders from hedge funds to avoid demand for new bonds from appearing inflated, bankers say

UK hedge fund Gladstone wrongfooted by powerful market rotations

Bets against a clutch of European stocks disrupted by improving global outlook

EBRD backs first green bond issued by a bank in Romania

The EBRD aims to become a majority green bank and dedicate more than half of its work to climate finance by 2025.

Environmental factors are critical for young investors

The survey, conducted in conjunction with retail investment website Boring Money, spoke to 1529 retail fund investors.

Carey Olsen and Northern Trust support Pureos Bioventures on debut fund launch

It will invest in innovative private drug development companies with an emphasis on novel biological drugs and emerging modalities such as nucleic acid, cell and gene therapies.

Canada Life: Equity in UK homes exceeds £650bn for first time

This was closely followed by London which now has £123bn of potential equity or £161,276 per household.

Lloyds closes in on £400m deal to buy retirement provider Embark

This would be one of Lloyd's biggest deals since it was bailed out to the tune of £20bn during the financial crisis and could close this month.

Post-Brexit Guernsey: A promising growth opportunity for investment professionals

Guernsey can offer both new fund establishment as well as re-domiciliation (the increased ease of which is proving increasingly popular).

Alternative Investments