- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Amendments to the Russian Strategic Investments Law - White & Case

The respective list was approved by the Order of the Ministry of Finance No. 108n dated 13 November 2007.

Jacob Rees-Mogg denies potential conflict of interest over fund links

Conservative MP says role at Somerset Capital Management should not affect bid for chairmanship of Treasury select committee

Investors will soon benefit from reduced charges

This cost makes up the bulk of the expenses that are levied against assets and which cut investors’ overall returns.

‘Destroyed by his celebrity’ – are Germans right about Boris Becker?

I am a life-affirming person and no one can take that away from me.

OECD releases latest updates to the Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations

In addition, this edition of the Transfer Pricing Guidelines include the revised Recommendation of the OECD Council on the Determination of Transfer Pricing between Associated Enterprises

ILS will continue to drive risk financing efficiency

The event, hosted by Guernsey Finance – the promotional agency for the island’s finance industry internationally – was attended by 90 delegates from across the insurance, asset management and adviser communities.

‘Select’ trust cuts Invesco Perpetual’s charges

Invesco Perpetual Select has an unusual structure which allows investors to switch between its four share classes tax-free twice a year.

Amundi enacts hiring freeze post Pioneer deal

Europe's largest fund manager has implemented a freeze as it moves to cut costs following its €3.8bn acquisition of Pioneer

4 Signs Legal Tech Companies Are Ready for Brexit

Despite apprehension over how Brexit will affect the economy, it's business as usual in the legal technology industry.

Co-op Bank sale advisers to be paid £15m despite hedge fund deal

BAML and UBS will be paid a success fee despite the Co-op Bank being rescued by its existing investors.

FCA makes £1m from data sales in one year

The site states firms would be free to use this for 'other' purposes including commercial re-use.

Rietumu Banka hit with heavy fine over laundering scheme in France

The defendants organized large-scale tax evasion through offshore companies located in tax havens.

HSBC 'given licence for ring-fenced UK banking business'

The lender has reported that two-thirds of the positions have now been filled or are in the final stages of the recruitment process.

Latvian bank fined heavily over laundering scheme in France

It was part of its business strategy in France

Wake Up Call: Elite U.K. Firms Brush Off Brexit to Post Strong Results

Companies are showing increasing awareness and concern about the potential costs of shareholder activism

New FCA guidance on tackling cyber crime

We should not be surprised by the FCA stressing the importance of cyber resilience.

Herbert Smith Freehills - Financial regulation update

HMT response to consultation on creating a single financial guidance body

Germany buys Panama Papers for $5.7m

The list of names included politicians, their families and close associates from around the world.

EU markets directive to reshape global alternatives

This survey shows not only that a substantial amount of uncertainty remains but also that the industry is working hard to meet the January 2018 deadline.

Ramon Vega’s asset management firm forced to refund £60k of fees

Vega Swiss has only paid part of that sum.

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