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

Italy’s Banks Look to Sell P/C Insurance as New Source of Revenues

Battling loan losses and negative interest rates, Italian banks have also seen their asset management fees hurt by Italy’s latest economic woes

If hedge funds are seen as ‘the enemy’, maybe it is time for a rebrand

The decision by Man Group to end its sponsorship of the Booker Prize has prompted another round of soul-searching in the industry

German savings banks adopt joint plan to aid ailing NordLB

While the European Central Bank is due to look at the savings banks’ proposal on Friday, NordLB may decide as early as Saturday on which of the two offers to accept.

Royal London welcomes new bid for packaging company RPC

Investment manager argues possible rival bid is better value for its stake in RPC than the offer it previously received from Apollo

Apex to acquire Link's CPCS business

The acquisition substantially bolsters Apex’s corporate services capabilities adding specialist hubs in the UK, Jersey, Ireland, Luxembourg, the Netherlands, Hungary and Switzerland.

Seneca fund boss buys Woodford trust

Neil talked us through some very interesting investments.

Hedge funds: A new way by Willis Towers Watson

We believe that this new way allows hedge fund portfolios to deliver attractive returns, improve portfolio balance and ultimately justify their inclusion in our clients’ portfolios.

Yesterday was the year’s most anticipated pay day! Essential January payday tips.

While it’s important to have long-term targets, regularly checking in with the week-to-week budget will make it much more likely that you’ll ultimately achieve your bigger goals.

Waddell & Reed partners with Key Institutional Managers to launch new advisory programme

Advisors can select a portfolio that specifically suits a client’s personal situation and financial goals

Baldwins acquires Stockport firm to aid NW expansion

Baldwins accountancy group, a member of CogitalGroup, has acquired a Stockport-based accountancy practice in a bid to strengthen its regional footprint in the north west

UniCredit shareholder Cariverona rows back on M&A comments

“Cariverona states that there has been no communications between the Foundation and UniCredit on the subjects related by the media and the Foundation does not possess any non-public information,” it said.

Barclays shifts billions of pounds to Dublin because of Brexit

The bank's Dublin operation is expected to double in size to 300 people as a result of the business being channelled though the Irish capital.

Scottish businesses report growing confidence

But their pessimism about the UK economy overall lessened, falling to 1% – an improvement of 24 points since the end of last year.

UBS launches Oeic version of Sicav multi-asset fund

Defensive growth fund aims for at cash plus 3% to 5%

London Stock Exchange to buy €278.5m stake in Euroclear

The LSE said its investment is expected to strengthen the existing relationship between the pair and provide further opportunities for commercial collaboration and product development.

Appetite for ESG ETFs boosts BNP Paribas Asset Management’s assets

The firm has the original low carbon ETF, the BNP Paribas Easy Low Carbon 100 Europe UCITS ETF, launched in 2008.

Brexit alarm bells ring in the UK and Asia

There is an increasing sense of alarm amongst UK-based companies – both Asian and non-Asian alike

Major Swiss pension funds outline losses after ‘sobering’ 2018

With €20bn of assets under management, Migros Pensionskasse was the fifth largest pension fund in Switzerland last year, according to IPE’s most recent Top 1000 European pensions guide.

AXA launches new entity to accelerate innovation

"Insurance will remain a core part of our proposal, but we will go beyond insurance by bringing new services and offer a more comprehensive answer to the evolving needs of our customers."

Hawksmoor Unveils New Range of Model Portfolios

There is no minimum investment amount other than that required by the platforms.

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