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

Private equity keeps the Spac train running

Fundraising for special purpose acquisition companies has slowed after a record year.

CVC Partners acquires RiverStone Europe Group

Following the acquisition, Preben Prebensen has been appointed as independent non-executive chair of RiverStone’s board.

Advisers should prepare clients for market jitters in September

There are, says the deVere CEO, three main triggers for the expected market rout.

Austen Morris co-founder seals Mauritius adviser firm deal

They are the perfect institution to take over, and I have no doubt that each client will benefit enormously from their professionalism and global expertise.

COLG sells advice firm amid restructure

COLG is also selling Milton Homes, an equity release provider it acquired in 2017, with contracts being exchanged in the next few days.

Out of sight, out of mind, out of work?

What tragedy had befallen or was threatening to befall this 50-year-old built-like-a-tank friend of mine?

Swiss-based scheme considers small and mid-cap investment

Participating managers should have a minimum of five years’ track record.

European Commission disburses €9 billion in pre-financing to Spain

The country is set to receive €69.5 billion in total, fully consisting of grants, over the lifetime of its plan.

European Commission disburses €289 million in pre-financing to Lithuania

The country is set to receive €2.22 billion in total, fully consisting of grants, over the lifetime of its plan.

Aztec Group supports MML Capital

The fund received commitments from circa 35 investors, both from MML’s existing investor base and new Limited Partners.

Temple Bar outperforms after switch from Ninety One to RWC

“The first half of 2021 saw your company perform extremely well as mispriced value stocks generally did significantly better than the rest of the UK market.”

Ruffer shutters Hong Kong office as it closes Pacific fund

The £361m fund is closing as manager and Hong Kong office head is set to retire.

Macquarie Asset Management acquires state-of-the-art logistics facility in Norway

Together with its specialist platforms, Macquarie Asset Management has invested €6.9 billion in the logistics real estate sector globally on behalf of investors over the past 10 years.

World’s No. 1 Wealth Fund Braces for Double Inflation Shock

Tangen, a former hedge-fund manager who’s been running Norway’s giant sovereign investment vehicle for almost a year, has repeatedly cautioned against expecting continued bumper returns.

M&G: Sandringham is our opportunity to acquire IFAs

Once the deal is completed the firm will sit within M&G’s wealth division alongside its existing advice, platform and investment businesses.

Crestbridge looks to growth as it invests in its Island HQ

The firm’s reception area has also relocated as part of the project to a new main entrance on Charter Place and local artist James Carter has been commissioned to produce a mural in the new office space.

TMT Investments sees double-digit growth in net assets in first half

During the first six months of 2021, the company said it had made USD14.1 million of investments across 13 new and existing portfolio companies.

EY acquires Microsoft Dynamics specialist Seaton Partners

In the last 18 months the acquisitions of AgilityWorks, Frank Hirth and Pythagoras have helped EY teams meet the changing needs and demands of clients.

M&G buys advice firm

Montgomery also said it will help the firm to attract further advisers.

Praemium platform FUA jump 163% in one year

‘We anticipate the coming year will once again produce some dramatic positive changes in our business’

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