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

Walker Crips hunts for advisers as it overhauls firm

“It is very well acknowledged that there is an advice gap. We believe we are doing a good job and have a good set up."

Generali targets Europe’s infrastructure market with fund launch

One of the funds will focus on the environment, green mobility and energy transition while the other will prioritise digital transition and social infrastructure.

KPMG: Investment firms strengthen risk functions amid Covid-19 Stress testing boosted

Just over a quarter of firms (28%) saw an increase in operational risks events, with 15% reporting an increase in the size of operational losses.

Standard Life offloads staff to FNZ for Elevate platform

The move is expected to take place in early 2021 and is said to form part of Standard Life’s ambition to provide the “easiest platform”.

Advisers face uphill struggle in access to client data

Mr Chadborn said that without the history, it was “near impossible” to provide advice on the client’s bond.

Precise returns to refurbishment buy-to-let

"Landlords have traditionally faced difficulty in securing finance to refurbish a property before letting it out.

EBRD and EU support small businesses in Bosnia and Herzegovi

Small businesses will be able to use funds to lease trucks, semi-trailers, cold-storage units, construction machines and hybrid vehicles.

Aviva - third quarter update*

The Board has declared a 7.0 pence per share interim dividend in respect of the 2020 financial year which will be paid in January 2021.

Premier Miton outflows hit £620m in year after merger

The firm’s assets under management stood at £10.6bn as at September 30, slightly down on the £11.5bn of combined assets the two firms held when they announced the merger in 2019.

MiFID II and the implications for ESG investing

This surge in interest, especially among a new generation of investors, comes at a time of considerable change in regional politics and investment regulation.

UK asset managers ‘failing to disclose’ parental pay benefits

Around half of UK asset managers assessed make no reference to supporting working parents at all, while many issued “generic statements” with no specific details, the study found.

An introduction to the FCA’s new Prudential Regime for Investment Firms (IFPR)

In this briefing we aim to provide an overview of the key proposals as well as answers to some commonly asked questions.

LFDE launches global future leaders fund

The multi-thematic fund aims to invest in future leaders of the world economy.

CLSA and BNP Paribas Securities Services partner up

The partnership between BNP Paribas and CLSA builds a strong bridge between China and global buy-side institutions via the MAP Model.

Credit Suisse to take $450m hit on hedge fund business

York Capital Management to restructure

Phoenix mulls sale of European businesses

Phoenix Group bought Standard Life Aberdeen’s insurance arm in August 2018 for £3.28bn.

Aviva to sell entire shareholding in Italian joint-venture

In addition, a subordinated loan of €40 million provided by Aviva Italia Holding S.p.A. to Aviva Vita, will be repaid in full at completion.

Alpha Beta Partners secures MitonOptimal in UK acquisition

Alpha Beta Partners, the multi-asset manager has announced its planned acquisition of MitonOptimal UK, the Bath-based investment manager, has now received FCA approval for the Change in Control.

Ross Trustees secures private equity backing

LDC investment director Phil Hinson and head of Midlands Richard Whitwell will join the board as non-executive directors following the investment.

Janus Henderson under pressure as Trian eyes consolidation

The $358bn manager is struggling to prove its worth following its 2017 merger — but would another deal help?

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