Moneyfarm enters German market with Vaamo acquisition
Company continues European expansion, calling Germany ‘fertile ground for digital wealth management’
Germany
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Lombard rolls out international life plan for high net worths
Luxembourg-based Lombard International Assurance to help HNWIs protect financial legacies
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FNZ to acquire €31bn German platform
White label investment platform technology provider FNZ has snapped up German platform Ebase.
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Generali to sell majority stake in German life company
Italy’s Generali Group has agreed to sell a majority stake in Generali Leben to a German life insurance portfolio management company, in a deal that values the business at around €1bn (£882m, $1.17bn).
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Blacktower expands with US and German businesses
European IFA firm Blacktower Group has launched two separately regulated companies – its first US business and a second operation in Germany.
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Brexit driving deVere’s Germany expansion
DeVere Group is adding a Munich office to meet what the company describes as a surge in demand following the Brexit vote.
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Vanguard ventures into Germany, adds Euro Stoxx ETF
Vanguard has expanded into Germany by listing its range of equity and fixed income exchange-traded funds (ETFs) on the German stock exchange and also introduced a Euro Stoxx 50 Ucits ETF.
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UBS offices raided by 130 investigators over tax evasion
An investigation into alleged tax evasion by about 2,000 UBS Group clients saw German prosecutors conduct a series of raids on Tuesday and Wednesday.
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Has German election killed the European Spring?
Many fund managers dismissed the historical German election results as “insignificant for markets”, but they have failed to consider its impact on the status quo and the possible reversal of recent political trends.
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Why you should care about the German elections
You may be forgiven for not staying up late this Sunday to watch the final results of Germany’s parliamentary elections come in. While chancellor Merkel is sure to win, the scale of her victory is likely to impact the future direction of bond spreads.
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MSCI: UK worst performer in June
The UK was the worst performing single country index in June while Canada was the best, according to data by MSCI.
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Generali puts $50bn German life book up for sale
Italian insurer Generali has put its $50bn (£38bn, €44bn) closed book German life insurance unit up for sale as part of a worldwide restructure of its European operations, Reuters has reported.