Managers of Wealth - Europe https://europe.managersofwealth.com/ Sat, 19 Apr 2025 01:10:18 BST part of MediaG8way Group https://europe.managersofwealth.com/ https://europe.managersofwealth.com/assets/images/logo.png Managers of Wealth - Europe KohanaPHP UBS Loses Crown as Most Valuable Continental European Bank News Aggregation Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122736/ubs-loses-crown-as-most-valuable-continental-european-bank The Swiss banking giant has now been overtaken by Santander in terms of market capitalization. Wealth and Asset Management Wealthy families embrace systemic rethink to impact investing News Aggregation Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122732/wealthy-families-embrace-systemic-rethink-to-impact-investing The overarching question is whether or not the investments of wealthy families actually make any major impact on society. Wealth and Asset Management Pictet Research Institute: BRICS+ and the Great Power competition: investment opportunities News Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122746/pictet-research-institute-brics-and-the-great-power-competition-investment-opportunities This intergovernmental organisation originated with Brazil, Russia, India and China and is already showing it can turbo charge growth. Wealth and Asset Management UBS executives: Wealth ‘referral awards’ don’t work News Aggregation Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122747/ubs-executives-wealth-amplsquoreferral-awardsamprsquo-donamprsquot-work Swiss firm set up cross-divisional wealth unit last summer as rivals tempt dealmakers with bonuses to refer rich clients Wealth and Asset Management Julius Baer Manager Leads New British Asset Manager in Geneva News Aggregation Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122699/julius-baer-manager-leads-new-british-asset-manager-in-geneva The new asset manager is set to start operations in early 2025, upon its license approval by Finma. Wealth and Asset Management Third Quarter FUMA Update News Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122712/third-quarter-fuma-update Brooks Macdonald Group plc has announced flows and funds under management and advice ("FUMA") for the three months ended 31 March 2025 ("quarter" or "Q3"). Wealth and Asset Management Five Arrows announces final close for sixth secondaries fund at €2 billion, materially surpassing its target News Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122709/five-arrows-announces-final-close-for-sixth-secondaries-fund-at-ampeuro2-billion-materially-surpassing-its-target This fundraise highlights the attractiveness of FASO’s distinct positioning in the GP-led secondaries market, and the growing appetite for these types of investments among investors. Wealth and Asset Management Benchmark buys remaining minority stake in £4bn Oculus network News Aggregation Team Tuesday, April 15, 2025 1:00 am https://europe.managersofwealth.com/article/122672/benchmark-buys-remaining-minority-stake-in-amppound4bn-oculus-network The firm has partnered with Benchmark since 2015, using its integrated platform, practice management and client portal technology solutions to grow its business. Wealth and Asset Management UK’s Richest Trader Adds Billions to Wealth on XTX Results News Aggregation Team Tuesday, April 15, 2025 1:00 am https://europe.managersofwealth.com/article/122674/ukamprsquos-richest-trader-adds-billions-to-wealth-on-xtx-results He’s now the world’s 164th-richest person, and the third-wealthiest in the UK. Wealth and Asset Management Business Awards UK 2025 Wealth Management Awards Winners and Finalists Revealed News Team Tuesday, April 15, 2025 1:00 am https://europe.managersofwealth.com/article/122679/business-awards-uk-2025-wealth-management-awards-winners-and-finalists-revealed Business Awards UK congratulates all winners and finalists for their remarkable accomplishments and their ongoing commitment to delivering exceptional value to clients across the wealth management landscape. Wealth and Asset Management LGT Switzerland names new Geneva head News Aggregation Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122728/lgt-switzerland-names-new-geneva-head Bertrand Merkli, who succeeds Pascal Bourqui, is head of Swiss markets at LGT Bank Switzerland and will retain this role. Executive Moves Basel-based Top 50 IAM hires part-time senior PM News Aggregation Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122729/basel-based-top-50-iam-hires-part-time-senior-pm Charisma Stiftung analyst, Andreas Borer, has joined Tareno as a senior portfolio manager to further develop its stock selection process. Executive Moves Doris Bianchi becomes new Director of the Federal Social Insurance Office News Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122730/doris-bianchi-becomes-new-director-of-the-federal-social-insurance-office The doctor of law and social insurance expert succeeds Stéphane Rossini, who will leave the FSIO at the end of June. Executive Moves Capital Union Bank Welcomes New Chief Executive Officer Michael Paton, as Patrick Zbinden Takes Group Leadership Roles News Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122737/capital-union-bank-welcomes-new-chief-executive-officer-michael-paton-as-patrick-zbinden-takes-group-leadership-roles Capital Union Bank announces the appointment of Michael Paton as Chief Executive Officer effective May 1st, 2025. Executive Moves Pictet Wealth Management signs MD from Rothschilds News Aggregation Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122745/pictet-wealth-management-signs-md-from-rothschilds Annick Crisford joins Pictet wealth management as managing director Executive Moves Principal AM bolsters French real estate distribution team News Aggregation Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122750/principal-am-bolsters-french-real-estate-distribution-team Prior to joining Principal, both Julien and Léa worked at Praemia REIM. Executive Moves LFDE Appoints Anne-Sophie Girault to Drive International Expansion News Aggregation Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122701/lfde-appoints-anne-sophie-girault-to-drive-international-expansion La Financière de l’Échiquier (LFDE) names new Head of International Development as it targets accelerated European and global growth. Executive Moves Raymond James loses UK wealth boss Paul Abberley News Aggregation Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122705/raymond-james-loses-uk-wealth-boss-paul-abberley Kim Jenson has been brought in from Raymond James’ US private client business as interim chief executive until a permanent CEO is recruited. Executive Moves NatWest Group appoints new Managing Director to lead Investment Products & Solutions for its Wealth Businesses News Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122708/natwest-group-appoints-new-managing-director-to-lead-investment-products-ampamp-solutions-for-its-wealth-businesses He will join the bank on 1 September with over 30 years of experience in the private banking and wealth management industry, having held senior positions at both HSBC and UBS. Executive Moves Citi announces Carmen Haddad will join Citi Wealth in a senior capacity News Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122710/citi-announces-carmen-haddad-will-join-citi-wealth-in-a-senior-capacity Serving as Vice Chair, Citi Private Bank Executive Moves UK’s FCA to open first ever offices in US and Australia News Aggregation Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122731/ukamprsquos-fca-to-open-first-ever-offices-in-us-and-australia Major international investors ‘want easier access to us’ Legal, Regulation & Compliance Update on modification by consent of the Liquidity Coverage Ratio part of the PRA Rulebook – Third Country Covered Bonds News Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122741/update-on-modification-by-consent-of-the-liquidity-coverage-ratio-part-of-the-pra-rulebook-ampndash-third-country-covered-bonds Modification by Consent for Third Country Covered Bonds in the Liquidity Coverage Ratio Legal, Regulation & Compliance Punter Southall ordered to pay £43m over sacking of protection boss News Aggregation Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122748/punter-southall-ordered-to-pay-amppound43m-over-sacking-of-protection-boss Jersey’s Royal Court has ruled that Daniel Pender, former boss of Punter Southall’s protection business, is due compensation for shares unfairly confiscated from him. Legal, Regulation & Compliance FCA likely to ramp up ongoing advice work if firms fail to act News Aggregation Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122753/fca-likely-to-ramp-up-ongoing-advice-work-if-firms-fail-to-act While at the regulator, he led its supervisory work for the advice sector, including establishing the team overseeing defined benefit (DB) pension transfers. Legal, Regulation & Compliance The EBA updates list of indicators used to perform risk assessments News Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122754/the-eba-updates-list-of-indicators-used-to-perform-risk-assessments It will allow competent authorities and users of EBA data to interpret key bank figures in a consistent fashion when conducting their risk assessments and analyses. Legal, Regulation & Compliance Osborne Clarke advises shareholders on sale of Rockhold Asset Management and Lync Wealth Management News Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122700/osborne-clarke-advises-shareholders-on-sale-of-rockhold-asset-management-and-lync-wealth-management Following this transaction, Rockhold will continue to operate under its existing leadership, broadening 7IM's funds and MPS offering, which are a core component of 7IM's growth strategy. Legal, Regulation & Compliance FCA’s targeted support proposals ‘do not go far enough’ News Aggregation Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122721/fcaamprsquos-targeted-support-proposals-amplsquodo-not-go-far-enoughamprsquo Last December, the FCA set out its targeted support proposals to “provide extra support” for millions of UK savers to help them “make better decisions” about their pensions. Legal, Regulation & Compliance FCA launches latest consultation on ‘simplified’ cost disclosures News Aggregation Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122724/fca-launches-latest-consultation-on-amplsquosimplifiedamprsquo-cost-disclosures The FCA said: “This would remove a significant compliance requirement for firms, while ensuring that consumers are still provided with the most relevant information about product transaction costs. Legal, Regulation & Compliance ESMA finalises rules on firms’ order execution policies under MiFID II News Team Tuesday, April 15, 2025 1:00 am https://europe.managersofwealth.com/article/122677/esma-finalises-rules-on-firmsamprsquo-order-execution-policies-under-mifid-ii In the draft Regulatory Technical Standards (RTS) ESMA specifies the rules, with the objective to enhance investment firms’ order execution and foster investor protection. Legal, Regulation & Compliance Individual charged with carrying on an unauthorised business and misleading investors News Team Tuesday, April 15, 2025 1:00 am https://europe.managersofwealth.com/article/122688/individual-charged-with-carrying-on-an-unauthorised-business-and-misleading-investors The FCA alleges that Mr Burford repeatedly misrepresented the value of the funds and the amount of money he had lost while trading. Legal, Regulation & Compliance The upheaval in the financial sector News Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122743/the-upheaval-in-the-financial-sector At the heart of these changes are the challenges of digitalization, the growing importance of cybersecurity, and the pressure to remain competitive. FinTech AMINA to Distribute EDG UK’s Institutional-grade Crypto Structured Products News Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122711/amina-to-distribute-edg-ukamprsquos-institutional-grade-crypto-structured-products The products provide exposure to BTC, ETH and SOL, allowing eligible clients to access institutional-grade and customized risk-return profiles aligned with their investment objectives. FinTech M&G partners with FNZ to expand access to £64bn PruFund range across UK platforms News Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122716/mampampg-partners-with-fnz-to-expand-access-to-amppound64bn-prufund-range-across-uk-platforms PruFund has gained around £64 billion of investment from more than 450,000 individual policyholders in the UK over the last 20 years, advised by 5,000 advice firms. FinTech Bitcoin Suisse: New Deal with Wealth Manager News Aggregation Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122719/bitcoin-suisse-new-deal-with-wealth-manager Bitcoin Suisse and SSI Wealth Management have established a reciprocal partnership. FinTech Standard Chartered and OKX launch world-leading collateral mirroring programme News Team Monday, April 14, 2025 1:00 am https://europe.managersofwealth.com/article/122650/standard-chartered-and-okx-launch-world-leading-collateral-mirroring-programme The programme will see leading institutions, such as Brevan Howard Digital, onboard onto this pioneering programme. FinTech Tech tariff rollercoaster at least shows the industry is a special case News Team Monday, April 14, 2025 1:00 am https://europe.managersofwealth.com/article/122665/tech-tariff-rollercoaster-at-least-shows-the-industry-is-a-special-case Clearly, announcements like this will weigh heavily on tech companies until they get a much more obvious operating environment. FinTech Advisor-friendly tech developments not limited to AI News Team Friday, April 11, 2025 1:00 am https://europe.managersofwealth.com/article/122637/advisor-friendly-tech-developments-not-limited-to-ai But while AI has rapidly become an invaluable tool for advisors, a wide range of tech development, such as low-code development and all-in-one advisor desktops have largely flown under the radar. FinTech Pension schemes deploy AI in fight against scams News Aggregation Team Thursday, April 10, 2025 1:00 am https://europe.managersofwealth.com/article/122618/pension-schemes-deploy-ai-in-fight-against-scams As part of this work to date, PSAG has reviewed 830 websites, taken down 29 high-risk sites and made 94 referrals to partner agencies. FinTech From niche to mainstream: Rothschild & Co redefines GP-Led Secondaries News Aggregation Team Wednesday, April 09, 2025 1:00 am https://europe.managersofwealth.com/article/122589/from-niche-to-mainstream-rothschild-ampamp-co-redefines-gp-led-secondaries What next for GP Solutions? FinTech Why sustainable and circular supply chains will win News Team Tuesday, April 08, 2025 1:00 am https://europe.managersofwealth.com/article/122563/why-sustainable-and-circular-supply-chains-will-win Capgemini, together with Accirculate, highlights how sustainable and circular supply chains drive value creation in the new economy. FinTech Five financial planning firms achieve chartered status News Aggregation Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122733/five-financial-planning-firms-achieve-chartered-status Chartered status is a symbol of technical competence and signifies a firm’s public commitment to professional standards. Alternative Investments ASML disappoints with order book as Nvidia takes a hit News Aggregation Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122734/asml-disappoints-with-order-book-as-nvidia-takes-a-hit The share price has derated of late and given this uncertainty this is understandable, but with the guidance in place it is difficult to assess if ASML looks cheap or expensive right now. Alternative Investments Euro area monthly balance of payments: February 2025 News Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122740/euro-area-monthly-balance-of-payments-february-2025 In portfolio investment, euro area residents’ net purchases of non-euro area equity increased to €199 billion in the 12 months to February 2025, up from €73 billion one year earlier. Alternative Investments HALO Invest unveils investment research tool News Aggregation Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122742/halo-invest-unveils-investment-research-tool HALO Global offers the chance to explore more than 35,000 companies and “empowers people to make well-informed investment decisions”. Alternative Investments Information supplied to investors to be simplified under plans to boost investment News Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122744/information-supplied-to-investors-to-be-simplified-under-plans-to-boost-investment The FCA said in its first CCI consultation that it would follow up on draft rules about consequential changes to other Handbook materials and draft transitional provisions or amendments to the transaction costs. Alternative Investments Impact investing in private markets is on the rise but beware ‘impact-washing’ News Aggregation Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122751/impact-investing-in-private-markets-is-on-the-rise-but-beware-amplsquoimpact-washingamprsquo Bfinance's Sarita Gosrani considers the implementation aspects of impact investing in private equity, private debt and VC Alternative Investments Zurich joins CIExpert Income Protection Insight Zone News Aggregation Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122702/zurich-joins-ciexpert-income-protection-insight-zone CIExpert’s Income Protection Insight Zone offers advisers a ‘birds-eye’ view of all policy options. Alternative Investments Reassured taps into behavioural science to boost customer experience News Aggregation Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122703/reassured-taps-into-behavioural-science-to-boost-customer-experience The broker said invaluable insights from the research have been fed into the second phase, which is a review of all post-sale communication. Alternative Investments MicroBank contributes to the creation of 32,245 direct jobs in 2024 in Spain through support for entrepreneurs, 13% more News Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122714/microbank-contributes-to-the-creation-of-32245-direct-jobs-in-2024-in-spain-through-support-for-entrepreneurs-13-more The same report indicates that the prospects are optimistic for 46% of employers, as they plan to increase their number of workers throughout 2025. Alternative Investments Vincentian Diaspora Embraces Investment Opportunities in SVG News Aggregation Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122718/vincentian-diaspora-embraces-investment-opportunities-in-svg Vincentians In The UK Pleased With Invest SVG Outreach Programme Alternative Investments Oddo BHF’s Ambitious Plan in Switzerland News Aggregation Team Tuesday, April 08, 2025 1:00 am https://europe.managersofwealth.com/article/122541/oddo-bhfamprsquos-ambitious-plan-in-switzerland Since then, the Franco-German financial group has made notable strides—particularly in corporate finance—as its investment banking arm gains significant traction. Investment Banking Barclays offers zero deposit mortgage for Right to Buy applicants News Team Tuesday, April 08, 2025 1:00 am https://europe.managersofwealth.com/article/122554/barclays-offers-zero-deposit-mortgage-for-right-to-buy-applicants Barclays will use the RTB discount in place of a direct deposit, whilst borrowers will also receive the benefit of the reduced rates available for lower Loan-to-Value (LTV) mortgages. Investment Banking BBVA pays €0.41 per share this Thursday and reaches its highest dividend in 17 years in 2024 News Team Monday, April 07, 2025 1:00 am https://europe.managersofwealth.com/article/122534/bbva-pays-ampeuro041-per-share-this-thursday-and-reaches-its-highest-dividend-in-17-years-in-2024 Through dividends and the buyback, the bank will return a combined €5.03 billion to shareholders this year, half of its 2024 profit. Investment Banking Danske Bank expands its investment universe for defence shares News Team Wednesday, April 02, 2025 1:00 am https://europe.managersofwealth.com/article/122434/danske-bank-expands-its-investment-universe-for-defence-shares The investment policies and exclusion lists govern which companies our asset management business at Danske Bank Asset Management and Danica can invest in. Investment Banking ING met Italy's Popolare di Sondrio amid European expansion plan, source says News Aggregation Team Monday, March 31, 2025 1:00 am https://europe.managersofwealth.com/article/122380/ing-met-italyamp039s-popolare-di-sondrio-amid-european-expansion-plan-source-says BPER and Sondrio both have as lead shareholder Unipol, Italy's second-largest insurer, which owns nearly 20% of each lender. Investment Banking HSBC: Instead of the bonus, there is termination News Aggregation Team Thursday, March 27, 2025 12:00 am https://europe.managersofwealth.com/article/122335/hsbc-instead-of-the-bonus-there-is-termination As the paper explains, many bankers who were laid off received nothing at all Investment Banking Deutsche Bank successfully completes issuance of Additional Tier 1 capital instruments News Team Tuesday, March 25, 2025 12:00 am https://europe.managersofwealth.com/article/122282/deutsche-bank-successfully-completes-issuance-of-additional-tier-1-capital-instruments The denominations of the securities are € 200,000. Deutsche Bank AG acted as sole bookrunner for the offering. Investment Banking Carlos Torres Vila: "Both BBVA and Banco Sabadell shareholders will become the owners of a bank better prepared for the future” News Team Monday, March 24, 2025 12:00 am https://europe.managersofwealth.com/article/122233/carlos-torres-vila-ampquotboth-bbva-and-banco-sabadell-shareholders-will-become-the-owners-of-a-bank-better-prepared-for-the-futureamprdquo In his speech, the BBVA Chair reviewed the bank’s growth trajectory in 2024, and the strategic cycle that just ended, while anticipating the main points in the roadmap for the future. Investment Banking HSBC focuses on ‘jewel of the crown’ after investment-bank cuts News Aggregation Team Wednesday, March 19, 2025 12:00 am https://europe.managersofwealth.com/article/122154/hsbc-focuses-on-amplsquojewel-of-the-crownamprsquo-after-investment-bank-cuts HSBC has jumped two spots to No 10 in US investment-grade bond underwriting, according to data compiled by Bloomberg Investment Banking Investment bank boom creates more millionaire earners in Europe News Aggregation Team Monday, March 17, 2025 12:00 am https://europe.managersofwealth.com/article/122102/investment-bank-boom-creates-more-millionaire-earners-in-europe The number of Deutsche Bank AG employees making more than €1 million ($1.1 million) last year shot up by 28% to 647. Investment Banking Cantonal banks: Stable pillars of the Swiss financial center News Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122726/cantonal-banks-stable-pillars-of-the-swiss-financial-center The current economic environment is characterized by geopolitical upheavals and ongoing uncertainties. Comment, Analysis & Research David Boyhan: A growth agenda is good for the consolidation market News Aggregation Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122735/david-boyhan-a-growth-agenda-is-good-for-the-consolidation-market A key driver of this is the government’s broader focus on economic growth. Comment, Analysis & Research Pernod results miss expectations but could have been worse News Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122739/pernod-results-miss-expectations-but-could-have-been-worse Sales modestly missed expectations, but the market reaction has been muted, reflecting a sense that the worst of the post-Covid normalisation period may now be behind us. Comment, Analysis & Research Trump, tariffs and Europe’s “shock therapy” – Michael Strobaek explores a changing economic landscape News Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122749/trump-tariffs-and-europeamprsquos-ampldquoshock-therapyamprdquo-ampndash-michael-strobaek-explores-a-changing-economic-landscape President Trump's administration views the EU as an economic rival, prompting Europe to rethink its reliance on the US for security and defence. Comment, Analysis & Research State of confusion: Half of UK adults in the dark about the State Pension according to Standard Life News Aggregation Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122752/state-of-confusion-half-of-uk-adults-in-the-dark-about-the-state-pension-according-to-standard-life Standard Life’s research, conducted among 6,000 UK adults, found a substantial lack of understanding regarding other areas of the state pension. Comment, Analysis & Research Ex-Credit Suisse Board Member Keeps Mum on the Collapse News Aggregation Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122698/ex-credit-suisse-board-member-keeps-mum-on-the-collapse As a behavioral economist, she surely could have offered interesting observations straight from the eye of the storm. Comment, Analysis & Research Anyone who follows their bank’s security advice is well protected News Aggregation Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122704/anyone-who-follows-their-bankamprsquos-security-advice-is-well-protected The vast majority of fraud cases do not happen because systems fail, but because people are manipulated – often with very convincing methods. Comment, Analysis & Research Better than expected UK inflation opens up potential for further rate cuts News Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122715/better-than-expected-uk-inflation-opens-up-potential-for-further-rate-cuts Now this may in itself be a negotiating tactic given the market reaction to the tariffs and the need for quick wins, but clearly removing that uncertainty would be beneficial for the UK. Comment, Analysis & Research Inflation ‘hits the brakes’ as CPI falls to 2.6% News Aggregation Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122717/inflation-amplsquohits-the-brakesamprsquo-as-cpi-falls-to-26 On a monthly basis it was 0.3%, compared with 0.6% a year earlier. Comment, Analysis & Research Warsaw is Europe’s fastest-growing wealth hub, report finds News Aggregation Team Tuesday, April 15, 2025 1:00 am https://europe.managersofwealth.com/article/122676/warsaw-is-europeamprsquos-fastest-growing-wealth-hub-report-finds The high dynamic of growth places Warsaw 13th on the report’s global list of “rising stars,” which does not include any other European cities. Comment, Analysis & Research BDO enters strategic partnership with The Safeguarding Alliance News Aggregation Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122722/bdo-enters-strategic-partnership-with-the-safeguarding-alliance TSA is a centre of safeguarding excellence with a network of safeguarding specialists Tax New data reveals frozen thresholds will drag 18m Brits into paying income tax News Team Tuesday, April 15, 2025 1:00 am https://europe.managersofwealth.com/article/122684/new-data-reveals-frozen-thresholds-will-drag-18m-brits-into-paying-income-tax The current freeze on income tax thresholds has significantly increased the number of people paying tax for the first time. Tax France wants to make one-off wealth tax permanent News Aggregation Team Monday, April 14, 2025 1:00 am https://europe.managersofwealth.com/article/122646/france-wants-to-make-one-off-wealth-tax-permanent The government said last year that the special "contribution" would be temporary. Tax Should the UK have a wealth tax on Britain's richest people? News Aggregation Team Wednesday, April 09, 2025 1:00 am https://europe.managersofwealth.com/article/122578/should-the-uk-have-a-wealth-tax-on-britainamp039s-richest-people Supporters of a wealth tax say it will raise billions for vital services, but critics argue it will be a nightmare for HMRC. What do you think? Tax Benchmark’s top 10 tips for tax year-end News Team Wednesday, April 02, 2025 1:00 am https://europe.managersofwealth.com/article/122450/benchmarkamprsquos-top-10-tips-for-tax-year-end Taxpayers can adopt several simple strategies to preserve and grow their wealth, and seeking financial advice can be an invaluable resource for providing peace of mind while helping people to achieve their goals and prepare for all scenarios. Tax Pensions unrivalled in tax planning despite IHT changes News Aggregation Team Wednesday, April 02, 2025 1:00 am https://europe.managersofwealth.com/article/122454/pensions-unrivalled-in-tax-planning-despite-iht-changes And, with clients and advisers working to maximise their savings, use their allowances and refresh their plans before the tax year-end, now is the perfect time to have these discussions. Tax State pension ‘perilously close’ to personal allowance threshold, say experts News Aggregation Team Tuesday, April 01, 2025 1:00 am https://europe.managersofwealth.com/article/122428/state-pension-amplsquoperilously-closeamprsquo-to-personal-allowance-threshold-say-experts The state pension is currently set at £11,502.40 – just £1,067.60 below the personal allowance threshold of £12,570. Tax State pension just 15p shy of breaching tax allowances in 2026, forecasts OBR News Team Thursday, March 27, 2025 12:00 am https://europe.managersofwealth.com/article/122318/state-pension-just-15p-shy-of-breaching-tax-allowances-in-2026-forecasts-obr That leaves the UK potentially only one year away from pensioners having to effectively hand a portion of their state pension back to the Exchequer in tax, which to many would seem perverse. Tax Gilt portfolios are comfortably beating cash for wealth managers News Aggregation Team Wednesday, March 26, 2025 12:00 am https://europe.managersofwealth.com/article/122308/gilt-portfolios-are-comfortably-beating-cash-for-wealth-managers Tax rules mean UK government debt portfolios are equivalent to 7% cash savings accounts for higher earners. Tax Switzerland and Zimbabwe sign double taxation agreement News Team Thursday, March 20, 2025 12:00 am https://europe.managersofwealth.com/article/122182/switzerland-and-zimbabwe-sign-double-taxation-agreement The DTA allows the Swiss network of double taxation agreements to be expanded into Southern Africa. Tax Investec provides CBRE Investment Management and Chancerygate with £18m loan News Team Wednesday, April 16, 2025 1:00 am https://europe.managersofwealth.com/article/122713/investec-provides-cbre-investment-management-and-chancerygate-with-amppound18m-loan Industrial capacity in Europe’s dominant e-commerce centre has reduced by 25% in the last 20 years. Retail Banking Santander “first” UK bank to launch voice banking technology News Aggregation Team Friday, April 11, 2025 1:00 am https://europe.managersofwealth.com/article/122634/santander-ampldquofirstamprdquo-uk-bank-to-launch-voice-banking-technology This project is also being carried out with Nuance. Retail Banking Citi clients in Russia receiving some frozen funds, Russian lawyers say News Aggregation Team Friday, April 11, 2025 1:00 am https://europe.managersofwealth.com/article/122639/citi-clients-in-russia-receiving-some-frozen-funds-russian-lawyers-say Around $300 billion of Russia's sovereign assets were frozen by sanctions, but millions of private investors were also affected. Retail Banking Santander secures Canadian banking license News Aggregation Team Thursday, April 03, 2025 1:00 am https://europe.managersofwealth.com/article/122483/santander-secures-canadian-banking-license Santander, which has 168 million customers globally, has a major presence in the Americas, and is also a more prominent lender in the U.S. than other European competitors. Retail Banking Banco BPM investors holding 6.51% stake oppose UniCredit bid News Aggregation Team Wednesday, March 26, 2025 12:00 am https://europe.managersofwealth.com/article/122310/banco-bpm-investors-holding-651-stake-oppose-unicredit-bid Italy's second-largest bank in late November swooped on BPM, which has long been a natural takeover target for the bigger bank given its roots in Italy's wealthy Lombardy region. Retail Banking Santander Reduces Branches in the UK News Aggregation Team Monday, March 24, 2025 12:00 am https://europe.managersofwealth.com/article/122243/santander-reduces-branches-in-the-uk British press has speculated that Santander may pull out entirely from the country Retail Banking Banks’ commissions topped €2 bln in 2024 News Aggregation Team Tuesday, March 18, 2025 12:00 am https://europe.managersofwealth.com/article/122129/banksamprsquo-commissions-topped-ampeuro2-bln-in-2024 This was contributed by lending – mainly to businesses – and increased card transactions, but also investment banking Retail Banking Spanish banking company BBVA has developed a new strategy News Aggregation Team Monday, March 17, 2025 12:00 am https://europe.managersofwealth.com/article/122099/spanish-banking-company-bbva-has-developed-a-new-strategy At the same time, the application must be approved by the regulatory authorities before submitting the proposal to Sabadell shareholders. Retail Banking Full list of 56 NatWest and RBS bank branches shutting for good in 2025 News Aggregation Team Monday, March 17, 2025 12:00 am https://europe.managersofwealth.com/article/122111/full-list-of-56-natwest-and-rbs-bank-branches-shutting-for-good-in-2025 NatWest customers can use RBS branches for everyday banking services, and vice versa, for RBS customers and NatWest branches. Retail Banking Retail banks face a loyalty crunch as card experience leaves customers underwhelmed News Team Wednesday, March 12, 2025 12:00 am https://europe.managersofwealth.com/article/122029/retail-banks-face-a-loyalty-crunch-as-card-experience-leaves-customers-underwhelmed The banking landscape is undergoing significant disruption driven by the rise of contactless and remote payment options. Retail Banking ESG considerations driving food and drink industry acquisitions News Team Monday, April 29, 2024 1:00 am https://europe.managersofwealth.com/article/116007/esg-considerations-driving-food-and-drink-industry-acquisitions Businesses are increasingly conscious of the importance of ESG in M&A. Pensions Schroders Greencoat eyes deal for scandal-hit solar operator – reports News Aggregation Team Monday, November 13, 2023 12:00 am https://europe.managersofwealth.com/article/112765/schroders-greencoat-eyes-deal-for-scandal-hit-solar-operator-ampndash-reports The infrastructure unit is a leading contender to buy Toucan Energy, which collapsed a year ago amid a local government scandal. Pensions Pensions allowance tax charges hit record high News Aggregation Team Thursday, March 24, 2022 12:00 am https://europe.managersofwealth.com/article/99923/pensions-allowance-tax-charges-hit-record-high The total value of LTA charges reported by schemes stood at £342mn in 2019-20. This is a 21 per cent increase from £283mn in the previous period. Pensions Pensions industry fires back at Opperman criticism News Team Wednesday, March 16, 2022 12:00 am https://europe.managersofwealth.com/article/99678/pensions-industry-fires-back-at-opperman-criticism Opperman’s remarks went down badly with a number of the industry’s leading voices. Pensions XPS partners with Abrdn to launch DB pensions master trust News Aggregation Team Tuesday, March 08, 2022 12:00 am https://europe.managersofwealth.com/article/99435/xps-partners-with-abrdn-to-launch-db-pensions-master-trust “This new solution should really help bring governance and efficiency improvements to the benefit of thousands of pension scheme members." Pensions Pension providers call for personalised advice rules News Aggregation Team Monday, March 07, 2022 12:00 am https://europe.managersofwealth.com/article/99382/pension-providers-call-for-personalised-advice-rules “UK’s advice rules (from MiFID) prevent firms providing personalised support to customers given the liability risk," it said in its submission. Pensions Government authorises use of dormant pension assets to "change people's lives for the better" News Team Thursday, March 03, 2022 12:00 am https://europe.managersofwealth.com/article/99279/government-authorises-use-of-dormant-pension-assets-to-ampquotchange-peopleamp039s-lives-for-the-betterampquot The UK Government has now announced an expansion of the scheme, which will be expanded to cover pensions, insurance, investment and wealth management accounts. Pensions €43bn pension fund cuts external fund exposure by half in two years News Aggregation Team Friday, February 25, 2022 12:00 am https://europe.managersofwealth.com/article/99130/ampeuro43bn-pension-fund-cuts-external-fund-exposure-by-half-in-two-years Assets under external management hit lowest levels for nearly a decade, as Swedish group focuses on interal efforts. Pensions Pensions platform Guiide considers institutional funding News Aggregation Team Thursday, February 24, 2022 12:00 am https://europe.managersofwealth.com/article/99063/pensions-platform-guiide-considers-institutional-funding Primarily the new funding will be used to develop Guiide+, an extension to its free online pension modelling tools. Pensions Northern Trust Supports AMF News Team Monday, February 21, 2022 12:00 am https://europe.managersofwealth.com/article/98943/northern-trust-supports-amf The implementation of the directive demanded important changes and enhancements to pension fund providers’ business models spanning risk management, governance and member communications. Pensions Schroders and Cornell University publish stewardship framework on climate risk resilience and adaptation News Team Thursday, April 17, 2025 1:00 am https://europe.managersofwealth.com/article/122738/schroders-and-cornell-university-publish-stewardship-framework-on-climate-risk-resilience-and-adaptation Previous analysis by Cornell ILR and Schroders found four countries central to apparel production risk losing $65 billion in export earnings between now and 2030 due to extreme heat and flooding. Planet SOS ESG Economist – Is there a business case for sustainability? News Team Monday, April 14, 2025 1:00 am https://europe.managersofwealth.com/article/122659/esg-economist-ampndash-is-there-a-business-case-for-sustainability These environmental topics were prioritized during more stable macroeconomic times but now seem to have lost relevance. Planet SOS Streamlining ESG due diligence and reporting for leading UK private equity firm News Team Thursday, April 03, 2025 1:00 am https://europe.managersofwealth.com/article/122464/streamlining-esg-due-diligence-and-reporting-for-leading-uk-private-equity-firm They needed an experienced and reliable partner who could streamline this process and help ensure compliance across all required channels. Planet SOS Jupiter Asset Management Turns to Room Zero for Product Profitability News Team Tuesday, April 01, 2025 1:00 am https://europe.managersofwealth.com/article/122409/jupiter-asset-management-turns-to-room-zero-for-product-profitability Room Zero’s cloud-based software eliminates duplication of effort and silos, allowing multiple departments across a single firm to work and process common information. Planet SOS Rathbones Asset Management adopts SDR labels on two funds News Team Monday, March 31, 2025 1:00 am https://europe.managersofwealth.com/article/122390/rathbones-asset-management-adopts-sdr-labels-on-two-funds RAM has enhanced its disclosures to allow investors to understand its aims and processes in relation to the sustainability objectives of the funds. Planet SOS Balancing innovation & ESG – Davina Goodall-Smith at FundsTech Forum 2025 News Aggregation Team Friday, March 28, 2025 12:00 am https://europe.managersofwealth.com/article/122364/balancing-innovation-ampamp-esg-ampndash-davina-goodall-smith-at-fundstech-forum-2025 She is a seasoned executive board director and board committee chair, bringing expertise in corporate governance, strategic leadership and operational excellence. Planet SOS L&G’s total commitment to nature conservation and sustainable development in emerging markets hits over $1bn with launch of Nature and Social Outcomes strategy News Team Wednesday, March 26, 2025 12:00 am https://europe.managersofwealth.com/article/122294/lampampgamprsquos-total-commitment-to-nature-conservation-and-sustainable-development-in-emerging-markets-hits-over-1bn-with-launch-of-nature-and-social-outcomes-strategy The newly launched Nature and Social Outcomes strategy further diversifies L&G’s Private Markets platform, expanding its commitments to addressing the critical funding gap faced by developing countries. Planet SOS World Water Day 2025 - KBI GLOBAL INVESTORS Details Its Expectations of The Water Industry For The Next Quarter Century News Team Tuesday, March 25, 2025 12:00 am https://europe.managersofwealth.com/article/122269/world-water-day-2025-kbi-global-investors-details-its-expectations-of-the-water-industry-for-the-next-quarter-century Natural resources investment specialist celebrates 25 th year managing water assets with anniversary logo Planet SOS Unstoppable solar: the sun drives the energy transition News Team Tuesday, March 25, 2025 12:00 am https://europe.managersofwealth.com/article/122273/unstoppable-solar-the-sun-drives-the-energy-transition Forecasts suggest the value of the entire target market for small solar installations could increase from USD 51 billion to USD 312 billion between 2022 and 2030. Planet SOS The environmental and social crises are going to force change on the real economy” – Hubert Keller explores the importance of investing in sustainable businesses News Aggregation Team Friday, March 21, 2025 12:00 am https://europe.managersofwealth.com/article/122202/the-environmental-and-social-crises-are-going-to-force-change-on-the-real-economyamprdquo-ampndash-hubert-keller-explores-the-importance-of-investing-in-sustainable-businesses Policymakers and headline-writers have focussed on greenhouse gas emissions (GHGs) and rising temperatures – at international conferences, other forms of sustainability have often been overshadowed. Planet SOS