Managers of Wealth - Europe https://europe.managersofwealth.com/ Tue, 23 Jul 2024 18:16:10 BST part of MediaG8way Group https://europe.managersofwealth.com/ https://europe.managersofwealth.com/assets/images/logo.png Managers of Wealth - Europe KohanaPHP Arbuthnot Banking Group Unaudited results for the six months to 30 June 2024 News Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117668/arbuthnot-banking-group-unaudited-results-for-the-six-months-to-30-june-2024 Arbuthnot Banking Group PLC today announces a half yearly profit before tax of £20.8m. Wealth and Asset Management ZEDRA and CreaPartners announce collaborative undertaking News Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117675/zedra-and-creapartners-announce-collaborative-undertaking ZEDRA and CreaPartners will bring together the best of both our organisations. Wealth and Asset Management Rothschild & Co wins Western Europe's Best Bank for Advisory from Euromoney News Team Monday, July 22, 2024 1:00 am https://europe.managersofwealth.com/article/117627/rothschild-ampamp-co-wins-western-europeamp039s-best-bank-for-advisory-from-euromoney This is the second consecutive year we have been named Western Europe's Best Bank for Advisory, reflecting the breadth of our capabilities across M&A and financing advisory across the region. Wealth and Asset Management Tale of two markets: Fee increases propel topline revenue growth across Irish legal sector but smaller firms face challenges News Team Monday, July 22, 2024 1:00 am https://europe.managersofwealth.com/article/117628/tale-of-two-markets-fee-increases-propel-topline-revenue-growth-across-irish-legal-sector-but-smaller-firms-face-challenges Legal firms overall had success in increasing fees over the previous 12 months, with 69% of all those surveyed reporting increases. Wealth and Asset Management Deutsche Bank named “World's Best Bank for Corporates” News Team Monday, July 22, 2024 1:00 am https://europe.managersofwealth.com/article/117629/deutsche-bank-named-ampldquoworldamp039s-best-bank-for-corporatesamprdquo Euromoney’s Awards for Excellence 2024 also recognise lead position in home market Wealth and Asset Management 19 top compounders the world’s best managers are buying News Aggregation Team Monday, July 22, 2024 1:00 am https://europe.managersofwealth.com/article/117631/19-top-compounders-the-worldamprsquos-best-managers-are-buying Elite Companies has joined forces with Canaccord Genuity’s Quest – a stock-analysis system devised originally by fund manager Terry Smith – to hunt for quality growth plays backed by the world’s best portfolio managers. Wealth and Asset Management Euromoney's Awards for Excellence Ceremony News Team Monday, July 22, 2024 1:00 am https://europe.managersofwealth.com/article/117632/euromoneyamp039s-awards-for-excellence-ceremony BNP Paribas awarded Western Europe’s Best Bank for Wealth Management Wealth and Asset Management Euromoney names UBS "World's Best Bank" News Aggregation Team Monday, July 22, 2024 1:00 am https://europe.managersofwealth.com/article/117633/euromoney-names-ubs-ampquotworldamp039s-best-bankampquot A significant factor in UBS’s recognition as the world’s best bank is its successful rescue of Credit Suisse Wealth and Asset Management Andrea Orcel named "Banker of the Year" and UniCredit Honored with Multiple Achievements across Europe at the Euromoney Awards 2024 News Team Monday, July 22, 2024 1:00 am https://europe.managersofwealth.com/article/117634/andrea-orcel-named-ampquotbanker-of-the-yearampquot-and-unicredit-honored-with-multiple-achievements-across-europe-at-the-euromoney-awards-2024 The prestigious award was presented at the Euromoney Awards for Excellence ceremony in London on 18 July. Wealth and Asset Management First half-year results 2024 - UBP News Team Monday, July 22, 2024 1:00 am https://europe.managersofwealth.com/article/117637/first-half-year-results-2024-ubp The increase was mainly due to the solid performance of financial markets since the beginning of the year, as well as positive exchange-rate impacts. Wealth and Asset Management Brown Shipley appoints Cara Walters as Head of HR News Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117655/brown-shipley-appoints-cara-walters-as-head-of-hr Prior to this, she served as the Singapore-based Head of HR, Asia, at Coutts, focusing on employee engagement and business change programs. Executive Moves Nadia Eichelberger becomes Global Head of Real Estate Office and Industrial News Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117657/nadia-eichelberger-becomes-global-head-of-real-estate-office-and-industrial In addition to her management experience, Nadia Eichelberger brings with her many years of expertise in the entire life and investment cycle of real estate. Executive Moves Julius Baer appoints Stefan Bollinger as Chief Executive Officer News Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117664/julius-baer-appoints-stefan-bollinger-as-chief-executive-officer Stefan Bollinger, currently a Partner at Goldman Sachs, has been appointed Chief Executive Officer of Julius Baer, starting in early 2025. Executive Moves Verso Investment Management launches private client service led by James Robertson News Aggregation Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117667/verso-investment-management-launches-private-client-service-led-by-james-robertson Robertson has over 30 years of experience in private client portfolio management, joining from Brown Shipley Executive Moves Rothschild & Co’s UK Wealth Management business names James Morrell as Deputy CEO News Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117674/rothschild-ampamp-coamprsquos-uk-wealth-management-business-names-james-morrell-as-deputy-ceo James will continue to report to Helen Watson, UK Wealth Management CEO, who he has worked with for almost two decades both at Rothschild & Co and, before that, at Morgan Stanley. Executive Moves GAM’s Sustainability Head Is Latest Senior Exec to Depart Swiss Money Manager News Aggregation Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117676/gamamprsquos-sustainability-head-is-latest-senior-exec-to-depart-swiss-money-manager Maier has decided to take up an opportunity outside GAM and will be leaving the firm at the end of August Executive Moves Digital 9 appoints debt fund director to keep wind-down on track News Aggregation Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117677/digital-9-appoints-debt-fund-director-to-keep-wind-down-on-track Digital 9 Infrastructure restores its board to three directors with Philip Braun, a chartered accountant, joining from GCP Asset Backed Income and CVC Income & Growth. Executive Moves Dave Miller joins SimplyBiz parent company Fintel News Aggregation Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117680/dave-miller-joins-simplybiz-parent-company-fintel Miller joins Fintel from Iress, where he was executive general manager. Executive Moves DNB Veteran Reinvents Himself in Fund Boutique News Aggregation Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117681/dnb-veteran-reinvents-himself-in-fund-boutique Bonn-based fund boutique TEQ Capital has appointed Mike Judith Executive Moves HIGHVERN boosts Irish market strategy with key leadership appointments News Team Monday, July 22, 2024 1:00 am https://europe.managersofwealth.com/article/117635/highvern-boosts-irish-market-strategy-with-key-leadership-appointments This strategic move reflects the company’s growth and commitment to building its business in Ireland. Executive Moves Ros Altmann: Labour must use the power of pensions to revive UK News Aggregation Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117658/ros-altmann-labour-must-use-the-power-of-pensions-to-revive-uk New chancellor Rachel Reeves has rightly expressed a desire to utilise the power of pension assets to boost domestic growth. Legal, Regulation & Compliance London Court Limited enters liquidation News Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117661/london-court-limited-enters-liquidation On 22 August 2023 we placed restrictions on LCL which prevented it from conducting regulated activities for new clients or new investments. Legal, Regulation & Compliance Warning after firms caught by bank scam News Aggregation Team Monday, July 22, 2024 1:00 am https://europe.managersofwealth.com/article/117636/warning-after-firms-caught-by-bank-scam The authority said islanders should be "particularly cautious" of scammers trying to trick people using the the worldwide IT outage as part of their cover story. Legal, Regulation & Compliance UK Calls on Lenders to Improve Following Farage Debanking Fiasco News Aggregation Team Monday, July 22, 2024 1:00 am https://europe.managersofwealth.com/article/117645/uk-calls-on-lenders-to-improve-following-farage-debanking-fiasco The new guidance comes after the Treasury called last August for the FCA to “urgently” investigate the scale of debanking Legal, Regulation & Compliance BaFin accuses Swiss firms of offering shares without required prospectus News Aggregation Team Monday, July 22, 2024 1:00 am https://europe.managersofwealth.com/article/117647/bafin-accuses-swiss-firms-of-offering-shares-without-required-prospectus German regulator may issue fines stretching into millions of euros to companies which breach this obligation. Legal, Regulation & Compliance ECB leaves rates unchanged as external events begin to loom large on central banks News Team Friday, July 19, 2024 1:00 am https://europe.managersofwealth.com/article/117604/ecb-leaves-rates-unchanged-as-external-events-begin-to-loom-large-on-central-banks The outcome of the French election has introduced a new risk to European economic growth, and while market reaction in the continent has been fairly muted to date Legal, Regulation & Compliance ECB keeps rates steady; UK wage growth slows News Team Friday, July 19, 2024 1:00 am https://europe.managersofwealth.com/article/117606/ecb-keeps-rates-steady-uk-wage-growth-slows UK wage growth declined to 5.7% in the three months leading up to May, down from the previous 5.9%, aligning with consensus expectations. Legal, Regulation & Compliance Fees update: feedback and fees notices published News Team Friday, July 19, 2024 1:00 am https://europe.managersofwealth.com/article/117607/fees-update-feedback-and-fees-notices-published We have published feedback from our consultation with Jersey’s finance industry on proposals to Legal, Regulation & Compliance Aberdeen law firm once again recognised in Chambers High Net Worth Guide News Aggregation Team Friday, July 19, 2024 1:00 am https://europe.managersofwealth.com/article/117613/aberdeen-law-firm-once-again-recognised-in-chambers-high-net-worth-guide Stronachs’ STEP-accredited private client team has retained its Band 2 ranking and Partner and Head of Private Client Jaclyn Russell continues to be individually recognised and ranked as Band 2. Legal, Regulation & Compliance European Central Bank leaves key interest rate at 3.75%, waits for signs inflation is under control News Aggregation Team Friday, July 19, 2024 1:00 am https://europe.managersofwealth.com/article/117615/european-central-bank-leaves-key-interest-rate-at-375-waits-for-signs-inflation-is-under-control Lagarde would not commit to a rate cut even at the September 12 meeting Legal, Regulation & Compliance Finastra partners with CredAble to deliver a holistic supply chain finance offering to banks globally News Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117678/finastra-partners-with-credable-to-deliver-a-holistic-supply-chain-finance-offering-to-banks-globally Finastra Trade Innovation, integrated with CredAble's supply chain finance platform, enables banks to grow their trade and supply chain finance business and deliver enhanced customer experiences FinTech Iress integrates with AI-driven PlannerPal News Team Monday, July 22, 2024 1:00 am https://europe.managersofwealth.com/article/117652/iress-integrates-with-ai-driven-plannerpal PlannerPal uses AI technology to generate meeting transcripts, actionable summaries and written follow-ups. FinTech Basel Committee publishes final disclosure framework for banks' cryptoasset exposures News Team Thursday, July 18, 2024 1:00 am https://europe.managersofwealth.com/article/117577/basel-committee-publishes-final-disclosure-framework-for-banksamp039-cryptoasset-exposures The final disclosure framework includes a set of standardised tables and templates covering banks' cryptoasset exposures. FinTech Digital infrastructure top challenge to real world asset tokenisation News Aggregation Team Wednesday, July 17, 2024 1:00 am https://europe.managersofwealth.com/article/117566/digital-infrastructure-top-challenge-to-real-world-asset-tokenisation Cybersecurity, decentralised finance and digital identity were also recognised as critical elements FinTech Gresham and Alveo join forces to create a market leader in Enterprise Data Automation News Team Wednesday, July 17, 2024 1:00 am https://europe.managersofwealth.com/article/117567/gresham-and-alveo-join-forces-to-create-a-market-leader-in-enterprise-data-automation Both companies specialise in data management software and combined will create significant scale. FinTech Carmignac launches tech equity fund News Aggregation Team Tuesday, July 16, 2024 1:00 am https://europe.managersofwealth.com/article/117536/carmignac-launches-tech-equity-fund Carmignac Portfolio Tech Solutions, as the new fund is known will use a blended investment approach, mixing a growth-focused investment strategy with value opportunities. FinTech Temenos and Visa team up to bring Visa money movement solutions to banks via Temenos Exchange News Team Tuesday, July 16, 2024 1:00 am https://europe.managersofwealth.com/article/117539/temenos-and-visa-team-up-to-bring-visa-money-movement-solutions-to-banks-via-temenos-exchange Integration with Temenos Payments Hub will enable banks to incorporate Visa’s payment capabilities and consolidate them with other payment services on the single Temenos platform FinTech Asset management reporting SaaS Instinct Digital closes £5M Series A News Aggregation Team Monday, July 15, 2024 1:00 am https://europe.managersofwealth.com/article/117514/asset-management-reporting-saas-instinct-digital-closes-amppound5m-series-a Rising efficiency pressures coupled with new regulatory demands pose additional challenges for asset managers when it comes to reporting. FinTech Survey predicts strong inflows in Bitcoin ETF News Aggregation Team Friday, July 12, 2024 1:00 am https://europe.managersofwealth.com/article/117480/survey-predicts-strong-inflows-in-bitcoin-etf According to the findings, Bitcoin ETFs offer benefits such as lower costs, increased liquidity within established regulatory frameworks, and avoidance of the complexities and risks associated with self-custody. FinTech Deutsche Bank and HSBC are winning Europe’s AI talent war as the U.K. strikes back against the U.S. News Aggregation Team Friday, July 12, 2024 1:00 am https://europe.managersofwealth.com/article/117481/deutsche-bank-and-hsbc-are-winning-europeamprsquos-ai-talent-war-as-the-uk-strikes-back-against-the-us Deutsche Bank and Santander are driving European demand for AI-savvy workers FinTech MONY Group plc Interim results for the six months ended 30 June 2024 News Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117663/mony-group-plc-interim-results-for-the-six-months-ended-30-june-2024 Good trading and strategic achievements with the best ever H1 revenue and EBITDA Alternative Investments Only 6% of IFAs use AI to deliver services to clients, says report News Aggregation Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117660/only-6-of-ifas-use-ai-to-deliver-services-to-clients-says-report Over a quarter (27%) think AI will have a positive impact on their business. Alternative Investments EdR launches Swiss commercial real estate strategy News Aggregation Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117670/edr-launches-swiss-commercial-real-estate-strategy The firm wants to reach over CHF 500m within five years and for the strategy to be listed on Six Swiss Exchange. Alternative Investments AMF and Banque de France call for a well-anticipated move to T+1 Settlement Cycle News Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117671/amf-and-banque-de-france-call-for-a-well-anticipated-move-to-t1-settlement-cycle This shift brings substantial challenges, in particular due to EU market specificities that must be managed smoothly and requires a careful calibration of the timeline. Alternative Investments FE fundinfo Reveals Top Performing Funds and Sectors for H1 2024 News Aggregation Team Monday, July 22, 2024 1:00 am https://europe.managersofwealth.com/article/117642/fe-fundinfo-reveals-top-performing-funds-and-sectors-for-h1-2024 There was also strong performance from funds invested in the UK, buoyed by the UK economy’s emergence from recession and positive economic growth. Alternative Investments Funds Europe Awards 2024: Shortlists announced! News Aggregation Team Friday, July 19, 2024 1:00 am https://europe.managersofwealth.com/article/117603/funds-europe-awards-2024-shortlists-announced Funds Europe’s annual awards for excellence span asset management firms, asset servicing providers, and technology vendors. Alternative Investments MPA Shortlisted in MoneyAge Awards 2024 News Team Friday, July 19, 2024 1:00 am https://europe.managersofwealth.com/article/117605/mpa-shortlisted-in-moneyage-awards-2024 Now in its 10th year, the MoneyAge Awards celebrates the excellence, innovation, and professionalism in the personal finance sector. Alternative Investments Vitality reports 45% increase in member claims over last five years News Aggregation Team Friday, July 19, 2024 1:00 am https://europe.managersofwealth.com/article/117612/vitality-reports-45-increase-in-member-claims-over-last-five-years The report highlights a shift in the way people use, or expect to use, their cover. Vitality said this is driving the increase members claim. Alternative Investments Pictet Alternative Advisors Acquires Technology Services Group News Aggregation Team Friday, July 19, 2024 1:00 am https://europe.managersofwealth.com/article/117625/pictet-alternative-advisors-acquires-technology-services-group TSG covers the full range of technology within the Microsoft ecosystem, facilitating companies' transition to cloud-based infrastructure Alternative Investments Sesame Bankhall outlines growth plans, sees advice firms as ‘partner for life’ News Aggregation Team Friday, July 19, 2024 1:00 am https://europe.managersofwealth.com/article/117626/sesame-bankhall-outlines-growth-plans-sees-advice-firms-as-amplsquopartner-for-lifeamprsquo They’ve been very clear what they want and need us to do. Alternative Investments Intesa Sanpaolo wins Euromoney award as best investment bank and best corporate bank in Italy News Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117662/intesa-sanpaolo-wins-euromoney-award-as-best-investment-bank-and-best-corporate-bank-in-italy Underlying the recognition as Best Investment Bank for Italy, Euromoney identified two distinctive qualities. Investment Banking TBC Bank Named The Best Digital Bank in Georgia by Euromoney News Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117672/tbc-bank-named-the-best-digital-bank-in-georgia-by-euromoney Euromoney highlighted TBC Bank’s significant expansion of digital services over 2023 Investment Banking Awards for Excellence country winners – Latvia News Aggregation Team Monday, July 22, 2024 1:00 am https://europe.managersofwealth.com/article/117641/awards-for-excellence-country-winners-ampndash-latvia Lending to large corporates and small and medium-sized enterprises was also up, rising 4% to €267 million and 17% to €584 million, respectively. Investment Banking Saxo Bank Initiates Strategic Review Led by Major Shareholders News Aggregation Team Friday, July 19, 2024 1:00 am https://europe.managersofwealth.com/article/117616/saxo-bank-initiates-strategic-review-led-by-major-shareholders The firm manages assets exceeding DKK 800 billion from over 1.2 million clients. Investment Banking Deutsche Bank raises the bar in electronic FX Trading with two awards News Team Monday, July 15, 2024 1:00 am https://europe.managersofwealth.com/article/117502/deutsche-bank-raises-the-bar-in-electronic-fx-trading-with-two-awards It’s a game changer, bringing together leading-edge alpha research with the tools clients need to reduce execution costs and increase data, speed and transparency across real-money accounts, hedge funds and systematic users. Investment Banking Deutsche Bank named Germany’s best corporate bank News Team Friday, July 12, 2024 1:00 am https://europe.managersofwealth.com/article/117485/deutsche-bank-named-germanyamprsquos-best-corporate-bank Corporate Bank and Investment Bank retain top spot in “FINANCE Bankers Survey 2024” Investment Banking Bank of France sees 0.1% growth for French economy in Q2 News Aggregation Team Thursday, July 11, 2024 1:00 am https://europe.managersofwealth.com/article/117446/bank-of-france-sees-01-growth-for-french-economy-in-q2 Central bank sees Q2 French GDP growth of 0.1% Investment Banking BNP Paribas retains top spot in France’s best-performing banks News Aggregation Team Wednesday, July 10, 2024 1:00 am https://europe.managersofwealth.com/article/117425/bnp-paribas-retains-top-spot-in-franceamprsquos-best-performing-banks Banque Postale is the newest entrant in this year’s French bank rankings Investment Banking New CLA for ABN AMRO employees from 1 July 2024 News Team Tuesday, July 09, 2024 1:00 am https://europe.managersofwealth.com/article/117388/new-cla-for-abn-amro-employees-from-1-july-2024 The new CLA will be retroactively effective from 1 July 2024 and will have a duration of two years. Investment Banking BNP Paribas Extends Partnership with CobaltFX: Enhances Credit Distribution News Aggregation Team Wednesday, July 03, 2024 1:00 am https://europe.managersofwealth.com/article/117264/bnp-paribas-extends-partnership-with-cobaltfx-enhances-credit-distribution This systemic problem has been long overlooked Investment Banking UK Wealth Management and HNW Investors Report 2024: Robo-advice Accounts for 18.3% of the UK HNW Portfolio and has Strong Current Demand News Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117665/uk-wealth-management-and-hnw-investors-report-2024-robo-advice-accounts-for-183-of-the-uk-hnw-portfolio-and-has-strong-current-demand The report is based on the analyst's annual Global Wealth Managers Survey. Comment, Analysis & Research Concerns rising over retirement of financial advisers, research shows News Aggregation Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117666/concerns-rising-over-retirement-of-financial-advisers-research-shows This concern is supported by additional research conducted by Investec, which surveyed 100 financial advisers and planners. Comment, Analysis & Research Global market volatility to increase UK trading, according to research News Aggregation Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117669/global-market-volatility-to-increase-uk-trading-according-to-research Despite concerns, many UK investors view this volatility as an opportunity, with 28% planning to increase their trading activities, compared to just 10% who intend to reduce their trading. Comment, Analysis & Research Study reveals support from institutional investors and wealth managers for tokenisation is building but distribution remains a concern News Aggregation Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117673/study-reveals-support-from-institutional-investors-and-wealth-managers-for-tokenisation-is-building-but-distribution-remains-a-concern The study with organisations invested in the digital assets sector found 75% expect more fund managers to look at the potential for tokenisation Comment, Analysis & Research Vanguard launches advisory research centre for investors News Aggregation Team Thursday, July 18, 2024 1:00 am https://europe.managersofwealth.com/article/117570/vanguard-launches-advisory-research-centre-for-investors The team will leverage the experience and data gained from Vanguard’s position as a trusted partner for investors and intermediaries across Europe. Comment, Analysis & Research Unity, sustainability, legacy: sports ‘super summer’ draws parallels between Olympic House and 1Roof News Team Monday, July 15, 2024 1:00 am https://europe.managersofwealth.com/article/117488/unity-sustainability-legacy-sports-amplsquosuper-summeramprsquo-draws-parallels-between-olympic-house-and-1roof The ancient and modern Olympics are also linked by the international renown of their buildings. Comment, Analysis & Research Entrepreneurs: here's how to take advantage of the tax benefits of supplementary pension planning News Team Monday, July 15, 2024 1:00 am https://europe.managersofwealth.com/article/117501/entrepreneurs-hereamp039s-how-to-take-advantage-of-the-tax-benefits-of-supplementary-pension-planning The reasoning is not incorrect, but we regularly see that in time it can produce some quite nasty surprises. Comment, Analysis & Research Mergers and acquisitions in wealth management: exploring the key transaction models News Team Thursday, July 11, 2024 1:00 am https://europe.managersofwealth.com/article/117432/mergers-and-acquisitions-in-wealth-management-exploring-the-key-transaction-models The impact of regulatory change, coming on top of an already fragile business model, could accelerate the consolidation of EAM companies over the next three years. Comment, Analysis & Research Women need equitable financial opportunities, not equal opportunities News Team Thursday, July 11, 2024 1:00 am https://europe.managersofwealth.com/article/117433/women-need-equitable-financial-opportunities-not-equal-opportunities This distinction was highlighted in last year’s International Women’s Day, where the theme was ‘embrace equity’. Comment, Analysis & Research Finnish ex-premier addresses UBP clients News Team Thursday, July 11, 2024 1:00 am https://europe.managersofwealth.com/article/117434/finnish-ex-premier-addresses-ubp-clients This experience and her easy manner made for a compelling address which engrossed the audience. Comment, Analysis & Research The U.K May Implement a New Tax That Could Cause the Ultra-Wealthy to Leave the Country News Aggregation Team Monday, July 22, 2024 1:00 am https://europe.managersofwealth.com/article/117630/the-uk-may-implement-a-new-tax-that-could-cause-the-ultra-wealthy-to-leave-the-country But recently installed Prime Minister Keir Starmer is thinking of doing away with the so-called non-dom system. Tax Inheritance tax receipts soar as frozen thresholds persist News Team Monday, July 22, 2024 1:00 am https://europe.managersofwealth.com/article/117643/inheritance-tax-receipts-soar-as-frozen-thresholds-persist Frozen tax thresholds, which show no sign of thawing under Labour, have failed to keep up with inflation Tax UK Inheritance tax receipts hit £2.1bn in record opening quarter News Aggregation Team Friday, July 19, 2024 1:00 am https://europe.managersofwealth.com/article/117614/uk-inheritance-tax-receipts-hit-amppound21bn-in-record-opening-quarter This is £83m higher than the same period in the previous tax year Tax Switzerland and Hungary sign protocol of amendment to double taxation agreement News Team Friday, July 12, 2024 1:00 am https://europe.managersofwealth.com/article/117484/switzerland-and-hungary-sign-protocol-of-amendment-to-double-taxation-agreement This is intended to prevent a person who is resident in neither Switzerland nor Hungary from claiming the benefits provided for in the DTA. Tax Aviva's adviser platform partnership aims to make tax reporting easier News Aggregation Team Thursday, July 11, 2024 1:00 am https://europe.managersofwealth.com/article/117445/avivaamp039s-adviser-platform-partnership-aims-to-make-tax-reporting-easier The joint agreement will mean excess reportable income reporting will soon be available to advisers through the platform. Tax New government plan to plug revenue gap via non-doms likely to fall short say experts News Aggregation Team Tuesday, July 09, 2024 1:00 am https://europe.managersofwealth.com/article/117398/new-government-plan-to-plug-revenue-gap-via-non-doms-likely-to-fall-short-say-experts Overall tax take (a combination of Income Tax, CGT and National Insurance contributions) was flat at £12.3bn Tax Tax and financial planning priorities for the new Labour government News Team Friday, July 05, 2024 1:00 am https://europe.managersofwealth.com/article/117327/tax-and-financial-planning-priorities-for-the-new-labour-government Labour pledged not to raise the primary revenue-generating taxes – namely income tax, VAT, national insurance, and corporation tax. Tax Spain Sees Record Growth in High-Earning Taxpayers – Most of them are Based in Madrid News Aggregation Team Thursday, July 04, 2024 1:00 am https://europe.managersofwealth.com/article/117289/spain-sees-record-growth-in-high-earning-taxpayers-ampndash-most-of-them-are-based-in-madrid The statistics encompass income from employment, investments, economic activities, and real estate returns. Tax PwC “Banking in Luxembourg” report highlights resilience and future AI developments News Aggregation Team Monday, July 01, 2024 1:00 am https://europe.managersofwealth.com/article/117194/pwc-ampldquobanking-in-luxembourgamprdquo-report-highlights-resilience-and-future-ai-developments PwC “Banking in Luxembourg” report: Resilience amidst global challenges in Luxembourg’s banking sector Tax HMRC data reveals soaring higher rate taxpayer numbers amid frozen thresholds News Team Friday, June 28, 2024 1:00 am https://europe.managersofwealth.com/article/117167/hmrc-data-reveals-soaring-higher-rate-taxpayer-numbers-amid-frozen-thresholds This continued upward growth in higher and additional rate taxpayers comes as no real surprise given income tax thresholds are set to be frozen until 2028. Tax Vanquis Bank reports surprise balance sheet hit after investigation News Aggregation Team Wednesday, July 17, 2024 1:00 am https://europe.managersofwealth.com/article/117542/vanquis-bank-reports-surprise-balance-sheet-hit-after-investigation Following the review, the lender has revised Stage 3 balances down by £29m and said it would book the charge against the value of the vehicle finance portfolio. Retail Banking Lloyds Bank set to close permanently this year News Aggregation Team Monday, July 08, 2024 1:00 am https://europe.managersofwealth.com/article/117343/lloyds-bank-set-to-close-permanently-this-year This comes as many people are moving to online banking rather than visiting their local banks in person. Retail Banking Decoding the digital euro: A potential new means of payment News Aggregation Team Monday, July 08, 2024 1:00 am https://europe.managersofwealth.com/article/117348/decoding-the-digital-euro-a-potential-new-means-of-payment In June 2023, the EU Commission proposed the legal framework that could pave the way for the ECB to make the digital euro project a reality - and now it's up to the co-legislators to finalise it. Retail Banking Barclays sells German consumer bank as part of plan to 'simplify' group News Aggregation Team Friday, July 05, 2024 1:00 am https://europe.managersofwealth.com/article/117320/barclays-sells-german-consumer-bank-as-part-of-plan-to-amp039simplifyamp039-group his is another example of disciplined execution Retail Banking ABN AMRO completes acquisition of BUX, BUX becomes a subsidiary News Team Thursday, July 04, 2024 1:00 am https://europe.managersofwealth.com/article/117281/abn-amro-completes-acquisition-of-bux-bux-becomes-a-subsidiary This strategic acquisition marks a significant step for both ABN AMRO and BUX in the retail investment space. Retail Banking Bank of Ireland looks to expand tech team News Aggregation Team Wednesday, July 03, 2024 1:00 am https://europe.managersofwealth.com/article/117251/bank-of-ireland-looks-to-expand-tech-team The bank is filling roles across data, delivery management, engineering, resilience and cyber. Retail Banking Bank of Ireland announces creation of 100 new technology jobs News Aggregation Team Tuesday, July 02, 2024 1:00 am https://europe.managersofwealth.com/article/117223/bank-of-ireland-announces-creation-of-100-new-technology-jobs The group chief operating officer of Bank of Ireland, Ciarán Coyle affirmed the bank’s commitment to continued investment in talent, technology and infrastructure. Retail Banking Banks urgently need to update the way they monitor their systems News Aggregation Team Tuesday, July 02, 2024 1:00 am https://europe.managersofwealth.com/article/117224/banks-urgently-need-to-update-the-way-they-monitor-their-systems The industry reflects on the payday technical difficulties that effected HSBC, Nationwide and Virgin Money customers Retail Banking Modernising banking in Romania: the Raiffeisen Bank approach News Aggregation Team Wednesday, June 26, 2024 1:00 am https://europe.managersofwealth.com/article/117100/modernising-banking-in-romania-the-raiffeisen-bank-approach Bogdan Popa, VP of Operations & Technology at Raiffeisen Bank Romania, delves into the Romanian banking landscape, focusing on how technology enhances banking services. Retail Banking Lloyds Banking Group and NatWest supported by ‘better than expected’ interest rate environment - analyst News Aggregation Team Friday, June 21, 2024 1:00 am https://europe.managersofwealth.com/article/117026/lloyds-banking-group-and-natwest-supported-by-amplsquobetter-than-expectedamprsquo-interest-rate-environment-analyst At the same time, RBC analyst Benjamin Toms noted that “competition has not been that aggressive” over deposit pricing in the sector. 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 KBI Global Investors publishes pioneering annual 'RASS' study for 2023, confirming the contribution of its Natural Resources Strategies towards achievement of UN SDGs News Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117659/kbi-global-investors-publishes-pioneering-annual-amp039rassamp039-study-for-2023-confirming-the-contribution-of-its-natural-resources-strategies-towards-achievement-of-un-sdgs The strategies invest in companies creating solutions to the global shortages of clean water, energy and food, that develop sustainable infrastructure Planet SOS The next big opportunity for Sustainable Finance in Jersey News Team Tuesday, July 23, 2024 1:00 am https://europe.managersofwealth.com/article/117679/the-next-big-opportunity-for-sustainable-finance-in-jersey Why Jersey needs to continue to focus on ESG Planet SOS Ocean Winds: innovative financing for a pioneering offshore wind project News Team Monday, July 22, 2024 1:00 am https://europe.managersofwealth.com/article/117639/ocean-winds-innovative-financing-for-a-pioneering-offshore-wind-project Rather than selling 100% of the revenues to the government, we have direct agreements with businesses to sell that energy. Planet SOS Ongoing efforts needed to achieve greater gender balance in asset management, IQ-EQ report finds News Team Thursday, July 18, 2024 1:00 am https://europe.managersofwealth.com/article/117597/ongoing-efforts-needed-to-achieve-greater-gender-balance-in-asset-management-iq-eq-report-finds The report outlines the initiatives IQ-EQ is spearheading to close the DE&I gap in the industry Planet SOS Macquarie Asset Management agrees to acquire additional stake in Lynn and inner Dowsing offshore wind farms News Team Thursday, July 18, 2024 1:00 am https://europe.managersofwealth.com/article/117598/macquarie-asset-management-agrees-to-acquire-additional-stake-in-lynn-and-inner-dowsing-offshore-wind-farms Macquarie Group has been investing in the UK’s offshore wind sector for more than a decade Planet SOS Macquarie Asset Management agrees sale of Hydro Dolomiti Energia stake to Dolomiti Energia Group News Team Wednesday, July 17, 2024 1:00 am https://europe.managersofwealth.com/article/117551/macquarie-asset-management-agrees-sale-of-hydro-dolomiti-energia-stake-to-dolomiti-energia-group The decision follows a previous announcement on 25 June 2024, and will see Dolomiti Energia Group own 100 per cent of HDE upon financial close, expected in the second half of 2024. Planet SOS Decarbonisation in an urban world: the low-carbon materials that could slash construction emissions News Team Wednesday, July 17, 2024 1:00 am https://europe.managersofwealth.com/article/117552/decarbonisation-in-an-urban-world-the-low-carbon-materials-that-could-slash-construction-emissions Much of this urbanisation is taking place in emerging market nations, where populations are growing fastest and the shift from a rural to an urban economy is still gathering pace. Planet SOS Guernsey Finance showcases island’s Sustainable Finance successes to HM King Charles III News Team Wednesday, July 17, 2024 1:00 am https://europe.managersofwealth.com/article/117558/guernsey-finance-showcases-islandamprsquos-sustainable-finance-successes-to-hm-king-charles-iii Also present were Noel Quinn, global head of HSBC, and Emmanuelle Bury of BNP Paribas from The King’s Sustainable Markets Initiative. Planet SOS Survey highlights greenwashing and data reliability concerns News Aggregation Team Friday, July 12, 2024 1:00 am https://europe.managersofwealth.com/article/117483/survey-highlights-greenwashing-and-data-reliability-concerns While there is support for EU regulators driving the sustainability agenda, there is also a call for more focused legislation tailored to investor needs. Planet SOS All the tea in… Thailand – meet Monsoon: the firm making traceable, forest-friendly tea News Team Thursday, July 11, 2024 1:00 am https://europe.managersofwealth.com/article/117450/all-the-tea-inamphellip-thailand-ampndash-meet-monsoon-the-firm-making-traceable-forest-friendly-tea Tea, like other crops grown in tropical regions, is also acutely vulnerable to climate change. Planet SOS