Skip to content
International Adviser
  • Contact
  • Subscribe
  • Regions
    • United Kingdom
    • Middle East
    • Europe
    • Asia
    • Africa
    • North America
    • Latin America
  • Industry
    • Tax & Regulation
    • Products
    • Life
    • Health & Protection
    • People Moves
    • Companies
    • Offshore Bonds
    • Retirement
    • Technology
    • Platforms
  • Investment
    • Equities
    • Fixed Income
    • Alternatives
    • Multi Asset
    • Property
    • Macro Views
    • Structured Products
    • Emerging Markets
    • Commodities
  • IA 100
  • Best Practice
    • Best Practice Awards
  • Media
    • Video
    • Podcast
  • Directory
  • My IA
    • Events
    • IA Tax Panel
    • IA Intermediary Panel
    • About IA

ANNOUNCEMENT: Read more financial articles on our partner site, click here to read more.

European Wealth acquires Xcap Nominees

By Kirsten Hastings, 25 Nov 15

Integrated wealth management firm European Wealth Group has acquired Xcap Nominees, bringing an additional £30m ($45.5m, €42.8m) in assets to European Wealth’s Manchester office.

Integrated wealth management firm European Wealth Group has acquired Xcap Nominees, bringing an additional £30m ($45.5m, €42.8m) in assets to European Wealth’s Manchester office.

In addition to servicing clients throughout the UK, European Wealth’s Manchester office has an increasing international focus providing a range of investment services to professional intermediaries across the Far East.

European Wealth was recently appointed the preferred discretionary investment manager to the Montpelier Group of businesses based in Malaysia and Thailand. The group has combined assets under management in excess of £100 million.

John Morton, executive chairmen of European Wealth, commented: “Manchester is a key regional centre for our business.  This deal further strengthens the asset base of the business and emphasises our commitment to building our presence here.”

Details of the acquisition were not disclosed. 

"This deal further strengthens the asset base of the business and emphasises our commitment to building our presence here.”

Tags: Wealth Management

Share this article
Follow by Email
Facebook
fb-share-icon
X (Twitter)
Post on X
LinkedIn
Share

Related Stories

  • Latest news

    FCA sets sights on ‘poor value’ closed legacy pension funds

    Data Analysis working with robot ai intelligence technology in Business Analytics and Planning Workflow Management System to make report with KPI connected to database. Corporate strategy for finance.

    Latest news

    International payments platform LemFi moves into wealthtech with latest acquisition

  • Latest news

    Blackfinch Group acquires Lawdable and Wenup to bolster planning support

    Businessman is showing Acquisition word on his cardAdult,

    Financial planning

    Clifton Group sees AUM hit £4bn with acquisition of Suffolk-based firm


NEWSLETTER

Sign Up for International
Adviser Daily Newsletter

subscribe

  • View site map
  • Privacy Policy
  • Terms and Conditions
  • Contact

Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.