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

Expats increasingly vulnerable to new build deposit loss

Stephenson quotes the case of a client who had paid a 10% deposit on a new build home in the Midlands and was selling his house in France to finance his move back to the UK.

CaixaBank's Q2 net profits plunge due to €685m lay-off deal costs

"The Group's net profit is essentially impacted by the lay-off agreement reached in the second quarter, which has meant a cost of €978m (net costs of €685m), and which will enable 2,023 voluntary terminations of voluntary sign up,&

Bankia launches its first megatrends strategy

The new strategy is a fund of funds that will invest from 75% to 100% in companies without any constraints in terms of market capitalisation, sectors, currencies or geographies.

Computers boost Man Group first-half assets, shares up

Assets and profits were pushed up by the firm's computer-driven funds

LEBC sees 17% increase in value of pension pots

The Gender Gap does however remain, with men’s pension pots at an average of £188,545, up 14% on 2018.

Prime Central London

With property listings thin on the ground, there is more competition for good quality stock.

Latham Advises Arranger in US$175 Million Microfinance Securitization

Transaction opens up global capital markets for high-impact sector in emerging markets.

Zurich remains ‘committed’ to IFAs amid platform sale reports

Zurich is thought to be working with HSBC to find a buyer for Zurich Intermediary, according to reports in the Sunday Times.

Mirabella Group launches tied-agent service in Malta

Our considerable experience in the area, as well as our market leading knowledge of both EU and Maltese regulation, makes us well-placed to hit the ground running

Aegon in frame to acquire Zurich’s client advisory platform

The Zurich site manages about £10 billion of assets compared with £60bn for Standard Life’s advisory business.

Neptune funds boss Robin Geffen lines up windfall with sale to rival Liontrust

The development comes after asset manager Merian Global Investors turned down the chance to buy Neptune, which is under pressure following a string of fund manager departures and a dip in assets under management.

IQ-EQ completes acquisition

This latest acquisition further strengthens the Group’s service offering in France and complements its existing Paris-based business, Equitis.

UN Principles for Responsible Investing awards KBI Global Investors highest rating

KBI Global Investors boasts a long-standing commitment to Responsible Investing, dating back to the early 1980s

Financial Planner to make new acquisition

Its team of six qualified advisers, aided by 12 support staff, were described as having “a wealth of experience and specialist knowledge”.

Permanent TSB Group Interim 2019 Half Year Results

2019 Half Year Results for the Six Months Ended 30 June 2019

Hansard International reports rise in AUM

Hansard will announce its full results for the financial year ended 30 June 2019 on Thursday 26 September 2019.

Fund managers turn their focus to millennials

New funds aim to mimic millennial spending habits, while targeting them as clients

Sweden's $42.3bn hedge fund industry second largest in Europe

While Sweden houses many healthy private capital markets, the hedge fund industry is the standout sector, said Preqin.

British Steel adviser bought by wealth manager

Portfolio Financial Consultancy said it had been in discussions with the FCA which approved the wealth manager's bid to take on Crescent's clients.

Standard Life Aberdeen denies Gilbert to leave as Lloyds deal agreed

A spokesman for Standard Life Aberdeen claimed the report that Gilbert would leave the asset manager to do focus on Revolut was “inaccurate”.

Alternative Investments