The latest news in investment offerings, financial products and other services relevant to wealth advisors and their clients.

Van Lanschot Kempen
Van Lanschot Kempen Investment Management's third European private equity strategy has closed at €388 million ($440 million). After a successful first closing on 23 March, the final subscription round was open from 24 March to 11 April, the firm said in a statement. This provided clients who had expressed their interest with the opportunity to invest. The interest demonstrates that private banking clients in the Netherlands, Belgium, and Switzerland are drawn to non-listed investments to diversify their portfolios.

The strategy consists of the Kempen European Private Equity Fund III for private banking clients in the Netherlands and Switzerland, and the MercLan European Private Equity Fund for clients of Mercier Van Lanschot in Belgium.

Van Lanschot Kempen expects to expand the ongoing offering of new private equity solutions in the near future to meet the demand from clients for this type of investment.

Quilter
Wealth manager Quilter has announced that the Quilter Cheviot Managed Portfolio Service (MPS) and the Quilter WealthSelect MPS are now available to advisors via AJ Bell’s platform.

Managed by Simon Doherty and Antony Webb, Quilter Cheviot’s MPS uses a building blocks structure – a range of funds managed by Quilter Cheviot, exclusively for use within its MPS. The Quilter Cheviot MPS is now available via 16 advisor platforms, the firm said in a statement.

The Quilter WealthSelect Managed Portfolio Service, managed by Stuart Clark, Helen Bradshaw and Bethan Dixon, provides a suite of portfolios tailored for different risk profiles and investment objectives. By making these services available on AJ Bell’s platform, Quilter said it aims to enhance the accessibility of its managed portfolio services to more advisors and clients.

“This expansion allows more advisors and their clients to benefit from our expertly-managed portfolios, tailored to meet diverse investment needs and risk profiles,” Andy Miller, head of investment directors at Quilter, said.

Pantheon
Pantheon, a global private markets investor, has just expanded its international private wealth offerings with an evergreen private credit secondary fund, bringing its specialist approach in private credit secondaries initially to EMEA, Latin America, APAC, and Australia.

Pantheon Global Credit Secondaries Fund (PGCS), an evergreen semi-liquid private credit secondaries strategy, aims to invest in high-quality private credit assets primarily via limited partners (LP) and general partners (GP) liquidity solutions. PGCS will have a quarterly liquidity mechanism and will soon be available in more than 20 countries across EMEA, Latin America, APAC, and Australia, the firm said in a statement.

PGCS aims to offer investors attractive absolute and risk-adjusted returns by building a diversified portfolio of seasoned, funded, and performing private credit, primarily acquired via LP interests and GP liquidity solutions. The fund will invest in direct lending strategies and opportunistic credit strategies, aiming to deliver a compelling combination of yield and compounding.

The firm, which has partnered with more than 650 clients, including institutional investors of all sizes as well as private wealth advisors and investors, has approximately $70.8 billion in discretionary assets under management.

Saxo
Saxo, a specialist in online trading and investment firm, has just launched a new Flexible Investment and Savings Account (ISA). 

The launch follows a 591 per cent surge in demand for its Stocks and Shares ISA in January and February 2025, compared with the same period last year, with new clients eager to maximise their ISA allowance at market-leading prices.

For investors seeking to access and manage their investments and cash flow amid market volatility, a flexible ISA offers investors the ability to maintain such control while growing their investments in a tax-efficient manner, the firm said in a statement. Saxo’s Flexible Stocks and Shares ISA adds more value: no platform fee, US trades from $1, UK trades from £3, and FX fees as low as 0.25 per cent.

The launch follows an almost 600 per cent increase in demand for Saxo’s Stocks and Shares ISA over the past year, the firm continued.

Like a standard ISA, investors can invest up to £20,000 annually but with the added benefit of withdrawing and replacing funds without affecting their annual allowance. This makes it easier to switch investments or manage cash flow without incurring a penalty. 

“For investors looking to optimise their portfolio, our Flexible ISA provides access to over 18,000 stocks, ETFs, bonds, and funds – all in one place,” Dan Squires, CCO of Saxo in the UK said.

Earlier this year, Saxo announced an increase in its client base following the introduction of a new pricing model, with the total number of new trading end clients across markets up 132 per cent in 2024 compared with 2023.

In the UK, Saxo said it reported increases in both the number of new clients under the age of 25 – rising from 9 per cent in 2023 to 15 per cent in 2024 – and new female clients, which has trebled year-on-year, now representing 18 per cent of new clients in the UK.

Saxo UK is a licensed subsidiary of Saxo, a fintech specialist that connects people to investment opportunities in global capital markets. Saxo UK, which has operated in London since 2006, is a provider of multi-asset trading and investment.