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

Defaqto launches Consumer Duty profiles

Profiles designed to help advisers meet Consumer Duty requirements

2023 set to be ‘worst year on record’ for UK equity fund outflows

The investment platform said there have been over £24bn of retail outflows from UK equity funds in the last two years.

DWP publishes guidance on deferred connection to pensions dashboards

It added that dashboards will also help savers to be reunited with lost or forgotten pensions and support people in better planning for their retirement.

Hargreaves Lansdown red flags two funds in value assessment

Emerging market and strategic bond multi-manager funds were identified for particular issues, while HL has begun an overhaul of its fund of funds range in the last 18 months.

Royal London closes £285mn global equity fund

The firm said the decision was made to maintain the integrity of the investment process following a sustained period of significant inflows.

Royal London AM closes Global Equity Select fund to new investors

22.9% performance gain

BBVA hosts the first meeting of the Cleantech for Iberia coalition

From BBVA we want to contribute our experience in high-growth areas such as decarbonization and innovative entrepreneurship.

Octopus launches £15m Future Generations VCT fundraise

VCT managed by partner Simon King

Curtis Banks to compensate Sipp client after 'miscommunication'

The adviser said the client had made financial commitments and decisions based on receiving the money on January 26.

BME Growth's González: Public markets have a responsibility to plug widening SME funding gap

Value of M&A deals at 11-year low

Poland's Investment Funds and Asset Management Market 2023-2025

This in-depth research publication offers a detailed analysis of the Polish investment funds and asset management sector.

Property transaction figures still significantly down but hopes of an upturn prevail in 2024

The housing market has therefore been subdued, with activity slowing down considerably.

Phoenix Group achieves long-term cash target two years early

This outperformance reflects the group’s “clear strategic focus” and “investment into growth”.

Royal London confirms acquisition of Responsible Life and Responsible Lending

This acquisition builds on Royal London’s existing 40% stake in the business

Aviva to introduce new products onto FNZ platform

Under the extended agreement, Aviva will be reducing the number of IT platforms as well as increasing the number of policies serviced by Diligenta.

New life breathed into housing market but savers and borrowers remain cautious

This modest increase in mortgage approvals could indicate a stabilising or slightly more optimistic housing market.

Very strong operating result for Valiant in 2023

Valiant expects consolidated profit to be higher in the current year.

AIG Life overhauls income-protection offering

It also covers even more jobs, including teachers, dentists and surgeons.

QUAERO CAPITAL launches an SRI-labelled bond fund

The fund invests mainly in the debt markets of OECD member countries in euros, incorporating ESG criteria.

Bellevue wants to cut dividends

The Bellevue Group expects a significantly lower, as yet unaudited, consolidated profit of around 15 million francs for the 2023 financial year.

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