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

UBP eyes distressed fund as pandemic creates opportunities

UBP’s Kier Boley discusses where he is finding opportunities in hedge funds and why he thinks global macro strategies might make a comeback.

Invesco’s UK investment chief targets performance turnround

Stephanie Butcher has the task of rebuilding the asset manager’s reputation after some tough years

A big win for championing customers and brokers

These awards highlight that we’re getting it right for our broker partners and customers while continuing to innovate and provide excellent customer service.

Norway’s $1.2tn oil fund to use more external managers

Move by sovereign wealth fund would mean an increase of $18bn placed with outside managers

Amundi and BNP vie for SocGen asset manager Lyxor: sources

Reuters reported on Sept 20 that the French bank had hired Citigroup to oversee the sale.

Wider market hit by first-time buyer hurdles

“It simply doesn’t make sense and they have decided to rent for another year and see where they stand in 2021.”

New Schroders trust will not ‘fish in same pond’ as Woodford

Rory Bateman, head of equities at Schroders, said: “This is a once in a generation opportunity to get into UK equities on the public and private side."

OYSTER Sustainable Europe fund obtains SRI Label

The OYSTER Sustainable Europe fund has obtained the SRI Label, after a labelling process carried out independently by EY (Ernst and Young), based on precise and demanding specifications.

Polar assets bolstered by £2.4bn tech inflows

With our highly active specialist funds, we are well positioned to perform for our clients and shareholders over the long term.

German investors urged to build up global portfolio to boost returns

Germany is also “overrepresented” for bonds, albeit less strongly than for equities, with 13.7%, compared to 5% in the BofA Global Broad Market Index.

UK investors up the pressure on companies that fail to address diversity and inclusion

Diversity and inclusion have become a priority for institutional investors in the UK, two thirds of which say their firms are excluding companies from their investment portfolios if they fail to meet certain thresholds.

eVestment is the first investment management platform to offer access to Alpha Nasdaq OCIO Indices

An OCIO assumes the legal and fiduciary responsibilities of a chief investment officer and provides those services externally.

Westfield owner left reeling as investors block rescue plan

Europe’s biggest shopping centre owner, Unibail-Rodamco-Westfield (URW), faces a major crisis. Rocked by the Covid-19 pandemic and the growing need to pay down its €24bn (£21.5bn) debt pile, the group set out a €9bn turnaround strate

Octopus launches new Ventures EIS

Octopus has invested more than £3 billion in early stage companies on behalf of retail and institutional investors.

‘Big fat chequebooks’ squeeze small IFAs out of M&A market

As acquisitions by consolidators leave rivals in the dust

Thomas H Lee Partners raises USD900m for automation-focused PE fund

Automation is everywhere in the news now as a result of the pandemic, but the reality is that the return on investment from automation was already high for businesses that deployed automation pre-pandemic.

Tatton secures £30m acquisition war chest

"We are very, very keen on this side and we are happy to talk with anybody with assets under management to buy."

IFA business acquires UK advice firm

Finding a suitable buyer proved a challenge

Gulf investors, Brits snap up DAMAC's Versace-designed London tower

Luxury property now 60% sold, says UAE-based developer

Pictet themes head and A-rated LOIM PM on thematics' evolution

According to Morningstar, 154 new thematic funds debuted globally in 2019 and, over the three years to 31 December 2019, collective assets under management in these strategies grew nearly threefold.

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