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

European ETFs hit record $2.11tn in July

The strong performance underscored the continued growth and investor confidence in the European ETF market.

Norway's wealth fund flags sovereign debt risk to stock markets

The fund, which invests the Norwegian state's revenues from oil and gas production, is one of the world's largest investors, owning on average 1.5 per cent of all listed stocks worldwide.

Schroders awarded £2bn real estate mandate by Wales Pension Partnership

The mandate will also target impact opportunities across the UK which deliver positive social impact and decarbonisation strategies that support WPP’s net zero ambitions.

Admiral shares fly to the top of the FTSE 100 as firm hikes dividend amid profit surge

The group reported a 43 per cent jump in turnover in the first half of its financial year thanks to a strong performance at its UK motor insurance division.

Alternative fund managers to increase focus on governance

Almost all (99%) senior leaders at alternative fund manager firms said the board and senior management at their company already take governance seriously.

Ariel Re employee scores top mark in London market exams

Darling has been at Ariel Re since 2020

Standard Life deploys new annuity transfer tracker from Origo

The tracker enables advisers to see the status of each transfer and where the application is in the system.

German property bank PBB's profit plunges as US office loans sour

PBB said it expected the commercial property market to "enter calmer waters" in the second half of 2024.

Aviva plc 2024 interim results announcement

Aviva continues to benefit significantly from the balanced and diversified business we have built and lead.

Reaction as inflation rises for the first time this year

Inflation is still seen as the most significant risk to the performance of UK investors’ portfolios, new research from RAW Capital Partners has found.

View From The Top with Polen Capital CEO Stan Moss: 12 years of change

Moss discusses the Somerset fund acquisition, UK expansion plans and work with Make a Wish Foundation

Howden acquires Cardiff-based insurance intermediary group

“Over the past 12 months, we’ve seen a 46% surge in interest from individuals seeking private medical insurance to speed up their access to diagnosis and treatment.

Mintos bags €3.1 million in 14-day crowdfund

European alternative investment platform Mintos has wrapped up a €3.1 million crowdfunding campaign on Crowdcube.

Swissquote: A Half-Year Report with Few Weaknesses

The online bank Swissquote has benefited in the first half of the year from the strong performance of the stock markets and the good mood among investors.

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.

Alternative Investments