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

Former Credit Suisse Manager Must Scale Back Hedge Fund

Reports back then said that this would be the biggest launch of a hedge fund in financial history.

AJ Bell customer numbers continue to surge

Meanwhile, AJ Bell Investments has surpassed £5bn in assets under management (AUM), reaching the milestone at the end of 2023 – seven years on from its launch.

Growth ‘top priority’ as nearly half of advisers increased client banks last year

However, 25% responded that they were unsure at the time of the survey and would need a better feel of the new year before having a clear view.

Aubrey Capital Management to partner with LarrainVial

It is very important for us to participate in the ownership of Aubrey

France hires banks for new green bond sale - lead managers

France hired BNP Paribas, BofA, Credit Agricole, JPMorgan and Societe Generale for the sale, the memos said.

Demand for UK labour hits lowest level in a decade

BDO Employment index

Jonathan Ruffer notes 'down year' despite AUM and profits jump

In his letter to investors, founder Jonathan Ruffer described 2023 as a "down year".

Q4 Square Mile MI Report: Advisers Split between Capital Accumulation and Income

It provides an indication of sentiment among fund selectors towards investment outcomes, funds and fund groups and asset classes.

Startup bank backed by Lord Mandelson raises £25m from investors

It won approval from the Prudential Regulatory Authority and Financial Conduct Authority last February.

Octopus Energy invests £200m in Deep Green's sustainable tech

This investment from Octopus Energy's Transition Fund and the Sky (ORI SCSp) fund highlights a strategic move towards sustainable energy solutions.

Morning markets - Potential BoE pivot signalled, as spot Bitcoin ETFs finally approved in US

This decision from the SEC could bring about fresh volatility in the price of Bitcoin whilst the significant number of risks associated with wider cryptocurrencies remain unresolved.

Moneyfarm refreshes brand as research finds investors value guidance

The research showed that 77% of UK investors agree that they want investing to be as quick and effortless as possible.

EBRD teams up with Raiffeisen to boost MSME lending in Kosovo

The EBRD guarantee, worth up to €20 million, will be provided over three years and linked to the bank’s domestic sovereign bonds portfolio.

US equities are an ‘upward-trending’ asset class, Goldman Sachs claims

US equities are the most expensive to invest in after Indian equities, but she feels Indian equities are overvalued.

Deutsche Börse completes acquisition of FundsDLT

While the company is part of Clearstream Fund Services, it will operate independently from Clearstream in Luxembourg.

Fairstone moves to single charging structure of 80bps

The service, called ‘ActivePlan’, will have an ongoing advice fee of 80 basis points.

Swiss Life Asset Managers Announces Investment in Telecom Infrastructure Partners and Joins InfraBridge as Key Shareholder

The investment aims to accelerate Telecom Infrastructure Partners’ next phase of growth to support global steady demand for mobile sites and connectivity.

Alternative Investments