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

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.

The Zürcher Kantonalbank is strengthening its advice for pension funds in western Switzerland

With this, ZKB, which has counted pension funds from French-speaking Switzerland among its customers for several years, wants to substantially expand its services.

Why Solomon Group changed name as it looks to snap up business

It comes as yesterday, the newly rebranded Finli Group announced the purchase of Scottish-based IFA firm Clark Gillone.

Generali announces € 500m share buyback plan and updates the financial community on recent acquisitions

The Group is on track to exceed its targets on Remittance and on Net Holding Cash Flow.

Swiss Life AM gains Sweden "physical market entry" through real estate firm acquisition

The company specialises in commercial properties in Sweden, Denmark and Finland.

European banks' strong run faces major test with earnings

The STOXX Europe 600 banks index hit its highest since mid-2018 this month, propelled by a recovery in profitability thanks to higher rates, record shareholder payouts and little provisioning for bad loans.

IBA announces appointment of Lloyds Bank to lender panel

The relationship will also offer FIBA members access to a range of other finance options including invoice finance, asset finance, and merchant services product solutions.

Financial Services: your guide to regulatory developments from Q4 2023

The FCA is continuing its work across all sectors to test firms’ implementation and will share good practice.

Allianz Partners announces the launch of allyz, your one-stop-shop companion

The launch of the mobile app in France, Germany and the Netherlands is an important milestone in the expansion of Allianz Partners' digital platform,

Allianz Partners appointed by NatWest Group as travel insurance provider

Customers will have access to Allianz Partner’s travel insurance from February 2024.

British Business Bank takes share in Shojin

Real estate investment platform Shojin is getting some interest in the UK.

APRIL Group acquires Lexham Insurance, specialist in two-wheeler insurance in the United Kingdom

The joint ambition of APRIL and Lexham Insurance is to support the development of the Lexham brand in the UK market by continuing to offer an increasingly differentiated insurance experience and a strong service approach.

Revenue growth for Frenkel Topping

The company also announced it has entered into a £7.5m revolving credit facility at 2.95 per cent over SONIA

What is the outlook for boutique fund managers?

But the boutique structure has also suffered extremely negative headlines, particularly around the collapse of Woodford Investment Management.

Baillie Gifford to make redundancies and bond fund culls

The Edinburgh fund house is set to make layoffs and is axeing several bond funds due to dwindling assets.

M&G launches £20mn AI strategy

The M&G Global Growth AI Themes fund is an actively managed equity strategy which focuses on companies working on technology needed for AI

This is how 3a pension funds performed in 2023

moneyland.ch has recorded the performance of 86 Swiss pension funds for 2023.

Alternative Investments