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

Baillie Gifford to merge multi asset funds

£276m Multi Asset Growth fund to merge into the Baillie Gifford Defensive Growth fund

L&G expands Private Markets platform with 75% stake in real estate investor Proprium to accelerate growth into new markets

With a target to grow its Private Markets platform to £85bn AUM by 2028, L&G is focused on maximising opportunities within real estate, infrastructure, private credit, and venture capital, while strategically expanding into new global markets.

Switch to bespoke boosting adviser profitability, study shows

There are other factors to consider beyond profitability.

Swiss Re reports a first-quarter net income of USD 1.3 billion

We have maintained our strong capital position and remain well-placed to support our clients.

EBRD and GCF support green investments in Armenia

It was created in 2010 under the United Nations Framework Convention on Climate Change and supports low-emission and climate-resilient programmes in developing countries.

Square Mile adds eight fund ratings to Academy

Veritas and Baillie Gifford see fund downgrades

Parmenion adds five funds to ESG portfolios

Including Schroders, JP Morgan and Carmignac funds

Allianz reports record operating profit and is fully on track to achieve full-year outlook

The operating profit has reached a record level of 4.2 billion euros (1Q 2024: 4.0 billion euros), an increase of 6.3 percent, supported by growth across all segments.

German property bank PBB to shun new US business, citing Trump volatility

The lender, also known as PBB, said it would evaluate "all options" for its existing U.S. business, without elaborating.

Allfunds launches a first tranche of €80m of its €250m share buyback programme

The majority of the Shares acquired by Allfunds under the SBB Programme will be cancelled and the remaining repurchased Shares may be used for the purpose of satisfying awards under Allfunds’ employee share plans.

Quilter expands savings account functionality with new CashHub MultiBank

The service now includes access to CashHub MultiBank which enables deposits to be automatically diversified across multiple banks.

Resilient business model shines for Compass as it grows ahead of peers

Growth has been driven by net new business wins, which at 4.4% was within the group’s target range, with pricing and volume also positively contributing.

Infrastructure: Global investors, investing locally

Hannah Smith speaks to investors about the increasing infrastructure opportunities in AI, renewable energy and utilities

Scottish Widows pays 98% of protection claims in 2024

More than 11,500 customers and their families benefited from pay-outs, covering 9,939 life and 1,609 critical illness claims.

The IA and SWFI unite to spotlight UK as global investment hub

The UK is the second-largest investment hub globally, behind only the United States.

Liquidity: Magic Word and Magic Cure in Succession Planning

Ari Financial Group, which recently established a presence in Zurich, offers this demanding clientele with complex needs flexible insurance solutions that focus on liquidity.

Dai-ichi Life to raise stake in UK asset manager Capula to 15%

Capula, established in 2005, specialises in fixed-income arbitrage, crisis alpha, and global macro strategies.

Pension industry aligns on UK growth with Mansion House Accord

The government expects the initiative to unlock up to £50bn for private markets, including around £25bn for UK businesses and infrastructure projects.

Brace for Reform UK’s war on ‘woke’ pension investments

Farage & Co could make a big splash at the pool party

Evelyn Partners launches Cash & Cautious Bond strategy into the financial adviser market

Bespoke portfolio service will help advisers and their clients navigate a period of global uncertainty and falling interest rates

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