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

KKR to acquire majority stake in German fintech heidelpay from AnaCap

KKR will acquire a majority shareholding in the company, with Mirko Hüllemann, founder and CEO of heidelpay, and other key managers remaining as long-term shareholders.

The Times view on Al Rayan bank: Finance for Fundamentalism

A bank owned by the Qatari state is providing services to Islamist-linked British groups that have been shunned by other UK banks.

Alternative finance pioneer looks to offload peer-to-peer holdings

The move comes as the industry falls under increasing scrutiny following the collapse of peer-to-peer lender Lendy

UK plc posts weakest performance in three years as economic slowdown takes its toll

The top-line performance was poor for larger and smaller companies alike.

LSE confirms £22bn Refinitiv merger

The Transaction brings together two highly complementary businesses to create a leading, UK headquartered, global financial markets infrastructure provider

Landmark Office Building Acquired for £68M

The grade II-listed building is multi-let to tenants, including the secretary of state for defence, Brabners, Jackson Canter, Regus, DLA Piper and Brookes Bell .

Allianz Profit Climbs as Pimco Lures $25 Billion New Money

Property and casualty insurance hit by lower investment result

Private investors commit GBP8m to Connection Capital fund

The alternative lending market is one of the fastest growing sectors in the UK, driven by advances in technology, increased access to data, a supportive regulatory environment and increased willingness on the part of consumers and SMEs to engage with non-

Investors' risk aversion sees Amundi's AUM drop €4.8bn in Q2

Treasury products proved to be the biggest source of outflows, with a loss of €13.4 billion over the first six months of the year

ING's second quarter beats forecasts as bank lures new customers

Higher volumes and resilient lending margins supported earnings despite the ongoing low interest rate environment.

Call for mortgage and pension to be combined in new product

The ACA response notes that legislation, for example for auto-enrolment, favours saving for retirement over other forms of savings.

Bluegem acquires Medavita

The Group has strong R&D capabilities in new products development and formulation leveraging on a highly skilled team of technical experts

Equistone to acquire Bulgin

Completion of the transaction remains subject to customary closing conditions.

Yorkshire Private Equity Investment Falls - KPMG

The truth is that private equity firms remain hungry to invest

Broadridge Reports Fourth Quarter And Fiscal Year 2019 Results

Guidance of 5-9% Diluted EPS Growth and 8-12% Adjusted EPS Growth in Fiscal Year 2020

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.

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