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

Chelsea Financial Services’ McDermott: Active ETFs ‘marketing dressed as innovation’

The managing director is left a little perplexed by the recent wave of ‘active’ ETFs launches

Morgan Stanley IM launches global stars SICAV

The fund’s investment approach focuses on business excellence, generally characterised by the creation and nurturing of intangible assets, which in turn support high return, incremental capital deployment.

Starling Bank plans £4bn secondary share sale; White House appeals ruling blocking Trump from ousting Fed’s Cook

Plus: Goldman chief Solomon warns of US economic slowdown, and more

EBRD extends new guarantee to Raiffeisen Bank Ukraine to unlock €200 million of business finance

The EBRD’s facility will cover up to 50 per cent of Raiffeisen’s credit risk on new finance worth €200 million for businesses operating in Ukraine.

M&G Investments adopts Bloomberg’s research solutions

The system also integrates AI-powered tools, including document search and analysis on the Bloomberg Terminal, to streamline workflows.

Scottish Widows Platform partners with Origo for first phase of asset transfer service

Origo’s new service facilitates the “gathering, cleansing and updating of client information in a controlled and auditable system”, accessible by both the advice business and the platform.

L&G launches digital infrastructure fund to drive growth in digital economy

The UK & Europe-focused fund hits c.€600m first close amid strong investor demand, as L&G turns its Asset Management ambition into action.

GSAM appointed by Shell to run £29bn global OCIO pension scheme brief

Deal includes around £11.5bn of UK scheme assets

Verve launches compliance switching service for advice firms

Inspired by the simplicity of switching banks or utilities, Verve founder and CEO Cathi Harrison said the new offering addresses a long-standing industry challenge.

NLFI announces fourth trading plan to further reduce stake in ABN AMRO

The Dutch State has previously announced that it intends to gradually reduce its stake (through NLFI) in ABN AMRO over time.

British financial advisor sets foot in Switzerland

The British consulting firm Henry Dannell Private Clients is opening a new unit in Europe, Henry Dannell Switzerland.

Square Mile rebrands after Titan acquisition

Will now be called Titan Square Mile

Schroders awarded €3.9 billion sustainable equity mandate by Dutch pension investor PGGM

The PGGM mandate demonstrates the strength of Schroders’ active and innovative investment approach, focused on delivering highly customised solutions in sustainable investing.

Phoenix Group: 2025 half year results

Strong growth and strengthening Solvency balance sheet

From pressure to precision financial planning as a strategic compass

The same principles behind their approach can be applied in the UK, enabling boards and executives to make better-informed investment decisions.

Avantium Secures €65M in Funding with Ambitious Commercial Plans

Commercial PEF operations aim for Q1 2026, marking market growth in sustainable materials.

HMRC’s new Lifetime ISA research shows just how confused its purpose has become

By attempting to serve two distinct goals, the product risks failing to meet either effectively – echoing concerns raised by the Treasury Committee and many in the industry.

Investors shun equities amid correction worries

By contrast, this summer, stock markets are ignoring a wide range of negative signals and have continued to reach new highs.

Boutiques turning to outsourcing & int’l expansion to survive – research

Univeral Investment finds around half planning to outsource and target growth across borders

Xtrackers launches new small-cap ESG ETFs

The launch includes a globally diversified small-cap ETF, offered in distributing and accumulating share classes, alongside ESG-screened versions of global and European small-cap strategies.

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