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

55% increase in carers credit claims which boosts state pension by £328 per year

The new data reveals that 32,384 people over the last five tax years have taken advantage of the credit.

Royal London introduces more inclusive underwriting for cancer survivors

This will mean improved terms for customers who’ve previously had a range of different cancers, including breast, colorectal and skin.

Aveni raises £11m to drive financial services ‘AI revolution’

The business has experienced significant growth over the past two years, through existing compliance and productivity solutions Aveni Detect and Aveni Assist.

Six Major Banks Settle European Bond Price-Fixing Litigation

The preliminary settlement was filed late Friday in Manhattan federal court and now awaits a judge’s approval.

Rothschild-backed private equity fund racks up £225m in funding

Edmond de Rothschild is a cornerstone investor in the fund, with the bank’s client base having had priority access to the fund.

NatWest buys Metro Bank’s £2.4 billion mortgage portfolio

The acquisition gives Metro Bank a boost, following a £600m refinancing agreement last year, which included discussions of selling its mortgage book.

AJ Bell’s Angell: What selectors should consider when a fund manager leaves

Plenty of funds are subject to key person risk, head of investment research says

Man Group: Hedge fund sees over £8bn gains as it starts off 2024 ‘strongly’

The world’s largest publicly listed hedge fund group revealed its core management fee EPS growth was 26 per cent.

Achmea Investment Management acquires Dutch Blue Sky Group

The 40 employees of Blue Sky Group’s asset management division will join Achmea IM

LGPS Central adds Longview to global equity fund

Longview Partners joins the ranks of Harris, Schroders and Union, and the sub-fund will continue to be benchmarked against the FTSE All-World Index.

Aviva Investors in ‘full growth mode’, says CEO

Mark Versey sets his sights on expansion for the £233bn fund group

Over £1bn lost to fees on pensions moved from work plans

Hidden fees and complicated charges on pension funds impact retirement pots

Leonteq publishes half-year 2024 results

After more than six years as CEO, Leonteq founding shareholder Lukas Ruflin has announced his intention to step down from his role once a successor has been appointed.

Zurich boutique Twelve Capital to merge with fellow ILS specialist

The combined firm will have offices in Zurich, Munich, London, Tokyo and Bermuda.

VouchedFor helps Radiant Financial Planning meet Consumer Duty requirements

VouchedFor launched Elevation just under three years ago and is now used by more than 7,000 financial advisers.

Pension confidence surges following General Election

Their dominant pension sentiment is now positive, with 41% of respondents feeling this way.

BT set to gain from government policies amid strong earnings growth

The fibre rollout is progressing well, with over 1 million homes passed this quarter, bringing the total to 15 million.

Compass' results highlight attractiveness of outsourcing market as it seizes advantage

The trends that have driven this positivity remain strong for Compass.

MONY Group plc Interim results for the six months ended 30 June 2024

Good trading and strategic achievements with the best ever H1 revenue and EBITDA

Only 6% of IFAs use AI to deliver services to clients, says report

Over a quarter (27%) think AI will have a positive impact on their business.

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