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

In Focus Group joins Wren Sterling to create south coast presence for national firm

The deal is Wren Sterling’s third deal of 2024 following the acquisition of TW Financial and the Howe Maxted Group in March and July respectively.

UK’s Nest Hires J.P. Morgan’s Campbell Global for Timberland Fund

The fund will seek timberland investments that promote sustainable forestry practices.

LCP launches tool to help widows & widowers check their state pension

LCP said: “An increased amount of state pension has been put into payment and arrears have been paid.”

Inflation seen as top risk to UK portfolio performance: study

Inflation ranked top, with 89% of respondents saying this presents a ‘high risk’ or ‘moderate risk’.

Savers reclaim £57m as overtaxation on pension withdrawals continues

The true overtaxation number will likely be substantially higher.

Bank of Cyprus Set For Greek Bourse Return, Quitting London

Bank of Cyprus left the Greek market in 2016, during the financial turmoil which saw the country come close to leaving the euro.

Hargreaves Lansdown accepts £5.4bn takeover bid

The news was confirmed by the investment platform in a statement published on the London Stock Exchange at 7am.

Grandi Stazioni Retail Deal Announcement

The transaction is expected to be completed by the end of the year, subject to certain customary closing conditions and regulatory approvals.

London IPO market prospects ticked up in August but no full recovery until 2025

Possible IPO targets in the pipeline included Anglo American De Beers, Thought Machine, and Starling Bank.

Exploring Guernsey’s international pensions landscape

Where an international pension operated from Guernsey is suitable, employers can harmonise pension benefits across those jurisdictions, which is a key advantage.

Saffery acquires AWFM Sport

The acquisition boosts the headcount of the practive to over 60 professionals.

Swiss Life Asset Managers acquires Condecta

Swiss Life Asset Managers buys space solutions firm Condecta from private equity firm Paragon Partners.

Zurich reports ‘record’ life business operating profit in H1

Life insurance new business premiums increased 3% in US dollar terms and 5% on a like-for-like basis to $8,510m, driven by Zurich’s preferred lines of protection and unit-linked.

Investors say inflation still poses biggest risk to portfolio performance

With this in mind, investors must recommit to implementing robust risk management strategies to protect their investments against any volatility

Event-driven hedge funds lead returns in July

Gains in event-driven and equity-hedge strategies led performance

65% of pension scheme runners do not know how much members can expect at retirement

Nearly half (47%) have considered a change to their DC structure

Markets drove Europe’s industry AUM higher in first half of year

Estimated net sales contributed €172.7 billion to the increase.

L&G posts positive results despite Asset Management division decline

Despite the miss on PRT, its pleasing to see that in the first half of the year nine of out of 15 deals involved the businesses’ Asset Management clients showing strong synergies between the two businesses.

Türkiye's inflation to fall sharply: Europe's largest asset manager

Strigo said the financial returns are attractive, which warrants the asset manager to take a more medium-term view, with six to 12 months.

Chancellor looks to ‘Canadian model’ pensions for UK

Reports suggest Rachel Reeves is looking to consolidate public pension funds to unlock more private investments.

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