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

AJ Bell platform inflows hit £1.8bn

Advised customers were up 14 per cent to 118,509, while D2C customers reached 213,767, up 48 per cent over the last year.

Catella AB (publ) recommends, together with other owners, to cease the operations of IPM

A majority of IPM's owners are expected to support this recommendation at an upcoming Extraordinary General Meeting.

Is Malta still a fantastic place to do business?

Some years ago, Malta looked to diversify its economy away from the previous mainstay of tourism, which contributes to around a fifth of the country’s GDP.

Call my £10million estate agent! London is now the biggest market in the world for top-end homes.

Every detail, that is, apart from the name of the woman who brokered the deal.

Accuro finalist of the Wealthbriefing European Awards 2021

These awards showcase ‘best in class’ providers in the global private banking, wealth management and trusted advisor communities.

Handelsbanken’s funds rated best by Lipper

The Lipper Fund Awards highlight the funds that have provided consistently strong, risk-adjusted performance relative to their peers, over three, five, and ten-year periods.

Hatstone Establishes European hub in Dublin

Ireland has become an attractive foothold for international law firms, financial institutions, trust companies and fund management providers in the aftermath of Brexit.

AURELIUS Successfully Closes New MID-Market Private Equity Fund; EUR 500 Million of Firepower for European Deals

The Fund has secured EUR 350 million of total commitments from a diverse group of top-tier institutional investors, including US and European university endowments, pension funds, insurance companies and family offices.

Investor group calls for banks to set tougher climate targets

While a number of the world's biggest banks have already said they have an 'ambition' to reach net zero greenhouse gas emissions by 2050, many have yet to specify how they plan to do so and continue to fund heavy emitting activities.

Pension lifetime allowance warning for clients with £500k already invested

"Reviewing clients pension funds in light of the chancellor's decision to freeze the Lifetime Allowance can make a real difference to a client's financial plan."

Vanguard launches pension advice with 0.79% ‘all-in’ price tag

The company has plans to expand the offering to other countries in Europe.

Canopius names Invesco as alternatives partner as low rate environment continues to bite

Canopius Group, the global specialist re/insurer with operations in Bermuda, has named Invesco as an alternatives partner.

Woodford pockets £1m dividend ahead of fund collapse

The dividend was paid in the first two months of the accounting period, that is, up to May 2019, and so before the asset management function of the business began to cease.

North West of England prime destination for PE VC investment, says new report

England’s North West is a prime destination for private equity and venture capital investment, and therefore a ‘key player’ in the UK’s growth-led recovery, a new report has found.

Equity Trustees adds new client

Gate is regulated by the Financial Conduct Authority and invests in equities, bonds, futures, options and alternative assets.

UK insolvencies to nearly double global average

The near across-the-board growth in insolvencies follows a year of anomaly where governments introduced fiscal measures and bankruptcies regime changes to protect businesses from failure.

Apollo in talks to sell Slovenian bank Nova to Hungary's OTP

The European Bank for Reconstruction and Development, which owns 20%, declined to comment. OTP declined to comment on Nova KBM.

Spain’s Ibercaja Bank reveals future plans to keeping going alone

A statement from the President makes it clear that he and his board have every confidence in the future of the Spanish economy for the future.

Terry Smith pockets £30m as Fundsmith sends £156m to Mauritius

The Fundsmith founder’s remuneration nearly doubled as the company's profits surged to a record £48.5m in another strong year for the company.

Intertrust Group appointed fund administrator and depositary by European private equity firm KLAR Partners

Following a competitive tender, Intertrust Group was appointed based on the firm’s bespoke offering, operational strength to service the entire vertical fund structure and strong European foothold.

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