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

Jupiter strikes rollover deal as it shuts Buxton’s trust

The board today doubled down on the forecast, confirming it believed the best option for shareholders was to liquidate the company.

AJ Bell customer numbers rise 27%

Revenues rose 21% to £126.7m (FY19:104.9m) and profits before tax rose 29% to £48.6m (FY19: £37.7m).

Nordea Asset Management launches a thematic strategy to address social empowerment

The strategy focuses on businesses that provide solutions that address social issues, create a positive impact, and generate sustainable shareholder value.

Insurance giant sells off several European operations for €830m

It wants to concentrate on countries and business lines where it can ‘create most value’

Commerz Real sells “Town Town CB 06” office property in Vienna to Real I.S.

It had already sold four properties, meaning that there is now only one other building in the hausInvest portfolio.

Apex to offer Throgmorton Outsourced CFO & COO Solutions

Throgmorton understands the pivotal role a COO performs, especially, for a start-up manager.

Baillie Gifford and Franklin Templeton offload Jupiter stakes

The asset managers were among the top 10 groups backing Jupiter.

Aegon to sell its Central and Eastern European business to VIG

The proceeds amount to EUR 830 million and represent a multiple of 2.6 times the book value on June 30, 2020.

Standard Life Aberdeen to offload Parmenion advisory arm

New CEO Stephen Bird begins reshaping FTSE 100 investment group

KBC finalises acquisition

KBC finalises acquisition of OTP Banka Slovensko (Slovakia)

Norway wealth fund chief has COVID-19, central bank governor quarantined

Tangen added that a number of his colleagues at the fund, which has its offices in central Oslo, had been quarantined as a result of his positive COVID-19 test.

Vala Capital launches £20m EIS fund for sustainable start-ups

Vala Capital launches the Vala Sustainable Growth EIS targeting small companies focused on sustainable solutions

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.

Alternative Investments