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

Arthur J. Gallagher to acquire UK broker Stackhouse Poland

With more than 500 employees, Stackhouse Poland operates from a network of 23 offices across the UK.

Is the East Midlands becoming the new hotspot for million pound homes?

The data shows a widening regional divide across the county in sales of million pound homes

Standard Life Aberdeen funds take 5% stake in Liontrust

Liontrust's assets under management (AUM) has grown rapidly in recent years as it acquired the funds business of Alliance Trust

Luminor merger complete, nothing to change for clients, says bank

"Our cooperation with supervisory authorities was a success, and the merger was implemented according to schedule," Mr Raasuke said.

UK housing market is a ‘goldmine’ for wealthy foreign buyers

Sales of houses worth over £10m tripled after sterling slumped following Brexit vote

Amundi commits future to ESG

A challenge with ESG, given its prevalence in asset management, is distinguishing one manager’s strategy from that of its rival. The key is proprietary research.

DeVere to consolidate position in adviser market after US sale

The firm is set to sell its operation in the US and will make ‘major acquisitions’ with the proceeds

London developer targets doubling sales in GCC amid Brexit turmoil

Region accounted for almost 20 per cent of Regal London’s 2018 sales

Chubb European Group Completes Redomicile to France in Preparation for Brexit

Provides Chubb customers with continuous, uninterrupted service regardless of the outcome of Brexit negotiations

Citi Appointed as Depositary for Kames Capital UK Funds

Ross Bradley, Head of Investment Support Europe for Aegon Asset Management noted: “The move to a single provider for depositary services is an important milestone for Kames Capital and our clients.

Britain braces for M&A slowdown as mega-deals set to wane

The value of deals involving British companies climbed to $466.5 billion in the last 12 months, up from $362.7 billion in 2017 and the highest since 2015, according to Refinitiv data.

Nasdaq launches ESG portal to screen Nordic companies

It follows the launch of a guide back in 2017, which encouraged companies in Stockholm, Helsinki, Copenhagen, Iceland, Tallinn, Riga and Vilnius to report on ESG

Convertible bonds ‘gaining popularity’ in alternatives market

The recent surge in issuance provides a wide range of opportunities within the market

UK boutique launches 'quantamental' European equities fund

Pepper also stated there is a strong pipeline of institutional, wealth manager and family office investors at various stages of due diligence planning to invest in the fund.

Fairstone buys Darlington-based IFA

Belasis offers a full range of personal and corporate financial advice and specialises in retirement planning, investment portfolio management, equity release mortgages, VCT & EIS investments and protection.

RenaissanceRe, Pension Fund Manager PGGM Launch Property-Catastrophe Reinsurer

Vermeer will be initially capitalized with $600 million of equity from PGGM, with up to a further $400 million available to pursue growth opportunities in 2019, for a total of $1 billion of capital.

INVL Asset Management, a subsidiary of Invalda INVL, establishes life-cycle pension funds

They have more than EUR 650 million of assets under management, entrusted to them by over 190 000 clients in Lithuania and Latvia as well as international investors.

StatPro signs GBP1.25m contract with European insurance group

Following the first closing of the acquisition of Delta in May 2017, StatPro initially planned to enhance Revolution to reach functional parity with Delta within three to five years.

IG Group profit hit by regulatory clampdown

Pretax profit fell to 113 million pounds ($146 million) in the six months ended Nov. 30 from 136.2 million pounds a year earlier, said IG, which was the world's first spread-betting firm when it started in 1974 with just three employees.

Vanguard merges growth funds, shuffles managers

Post-merger, Wellington and Jennison each will manage 27% of the fund, Jackson Square and Baillie Gifford each will manage 15% of the fund, and Vanguard will manage 15%, a Vanguard spokeswoman said in an email.

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