Rothschild & Co.

The French investment bank Rothschild & Co is buying the multi-family office Marcard, Stein & Co from Hamburg private bank M.M. Warburg, expanding Rothschild’s asset management business in Germany and in the process obtaining a German banking licence. Around 80 employees will move to Rothschild. The transaction is still subject to approval by competition and banking supervisors; M.M. Warburg says it is selling to concentrate on its core businesses of private banking and corporate finance. » More on handelsblatt.com

The flexible multi-asset fund R-co Valor delivered a three-year cumulative return of +59.37% (16.80% p.a.), thereby outperforming the MSCI All Country World. Fund manager Yoann Ignatiew follows a high-conviction, discretionary approach with a high equity weighting (currently 74.9%) and a concentrated portfolio of around 50 holdings; option-based hedging strategies are used as a risk buffer. The fund exhibits lower volatility and a beta below 1, as well as positive alpha over three years, with assets under management of €7.69 billion and a long track record. Overall, the analysis finds R-co Valor offers an attractive risk-return profile for investors with a medium-term investment horizon. » More on finanzen.net

Dar Global PLC intends to transfer its listing on the London Stock Exchange from “Equity Shares (Transition)” to “Equity Shares (Commercial Companies)” on 9 September 2025; this requires approval from the UK regulator FCA but not from shareholders. The company, majority-owned by Dar Al Arkan, sees the move as a way to sharpen its profile, improve access to capital, increase investor protection and remove a hurdle to potential inclusion in FTSE indices; Rothschild & Co has been appointed as sponsor. The switch will bring additional regulatory obligations and require adjustments to the shareholders’ agreement for related‑party transactions. » More on de.investing.com