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

Aviva agrees five-year extension to partnership with Connells Group

Aviva sees record adviser platform sales

Savings and retirement net flows were up 24 per cent, benefiting from strong performance in both workplace and platform.

Aegon UK sees assets reach record £200bn

Net inflows in its workplace business came to £1.1bn in the second quarter of 2021

D2C investment boom to falter over coming months

This excess cash and pent‐up demand for investments saw gross flows jump to £41bn.

Zurich's life sales growth in EMEA 'mainly driven' in five countries

The rise in sales reflected favourable growth momentum in unit-linked business and protection products, together with the corporate savings business, accounting for 90% of APE sales over the first half of the year, it said.

The cost of Allfunds private equity access

These feeders make investments in asset managers’ master funds. Funds are in Luxembourg, but also in domiciles such as the Cayman Islands.

Prudential impresses with half-year numbers despite big loss

An interim dividend of 5.37 cents per share was flat compared to a year ago

Credit managers turn to Europe for growing opportunity set

The market is very different in Europe than in the U.S., because it is much more consolidated among managers, he said.

River & Mercantile prepares sale of fiduciary arm

According to Sky News, it is thought the sale process has been underway for weeks.

M&G plc half year 2021 results

Results show good progress on strategy and strong total capital generation

Hargreaves Lansdown results show demographic shift

He added that the pandemic has reinforced the importance of effective savings and the need for individuals to be financially resilient.

Bespoke Brokerage Firm Merryoaks Launches in London

The firm will provide growth-based property finance solutions to investors and developers across Britain

City looks for early progress on Abrdn's turnaround strategy

Analysts will be looking for evidence that chief executive Stephen Bird’s strategy to turn around the fortunes of asset-manager Abrdn

FCA gives green light to James Hay-Nucleus deal

The firm said while this will be a complex exercise, with the more immediate priorities to ensure continuity of service and to deliver a roadmap of enhancements.

London Stock Exchange H1 income up, but warns about costs

The owner of Britain's stock market said total revenue hit $4.67bln

Link Group completes acquisition of Casa4Funds

Following the announcement in December 2020 that Link Group had signed an agreement with Banor Capital for the acquisition of Casa4Funds, the deal is now complete following regulatory approval from the CSSF.

Swedish pension giant swaps BlackRock and JPM funds for sustainable alternatives

Three fixed income funds were replaced with Article 8 alternatives with shorter track records.

The UK fund market is at highest level of half-year sales since 2017 says the Investment Association

The UK fund market has had a strong first half of 2021, according to the latest set of Investment Association (IA) data, released today.

Bank of Valletta plc issues its half yearly results

Growth in deposits coupled with persistent negative interest rates continued to exert pressure on the bank’s net interest margin.

Amati AIM VCT’s raises record breaking sum

It streamlines investor and financial intermediary engagement with the Offer, centralises Offer oversight, delivers real-time Offer statistics, and eliminates the administrative delays associated with paper-based application processes.

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