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

RBC I&TS extends position in Sweden

For this new product, they were looking for an experienced and strong partner both in the Nordic market and in Luxembourg, able to deliver tailor-made solutions to support their long-term growth.

Hargreaves could land £420m from Witan trust

£1.8bn investment trust is the latest to shutter its savings scheme

Brooks Macdonald launches Responsible Investment Service on platforms

Brooks Macdonald continues to expand its pipeline of growth opportunities through further product proposition development, broadening adviser relationships, and identifying opportunities in new or under-served client segments.

Next Stop Jupiter Fund Management

Since the start of the new year, we have seen upticks in the global stock markets, with the FTSE 100 pushing up over 400 points to retest the 7,000 level.

5 Reasons To Invest In European Residency

For many people who choose to invest in a second passport or obtaining a residency permit, safety and stability are key driving factors behind their decision.

Zurich launches first service for deaf clients

Communication with the insurer will be bridged with a video interpreter

Institutional investors plot large property allocations

At least €72.4bn expected to flow into asset class this year

Investcorp, Coller form $1bn European equity fund

The deal also includes fresh capital for any follow-on investments and future investments

Ashmore Reports Negative Investment Performance

"As is typical at such points, there is some moderate underperformance over the shorter term," Ashmore said.

Aberdeen Standard Investments injects $13m in insurer Singapore Life

Last year, Singapore Life was said to acquire the business portfolio of Zurich Life Singapore.

Fund manager Neil Woodford leads push to oust top Kier Group executives

This follows a surprise rights issue before Christmas which flopped, with only 38 per cent of its new shares bought by investors.

Foreigners turn into net sellers of Korean stocks for the first time in 3 yrs in ‘18

By region, investors from the Great Britain net sold 8.8 trillion won in Korea stocks

RBC I&TS appointed depositary and administrator by AMOAI

Japan’s AMOAI recently rebranded from Mizuho Global Alternative Investments and RBC I&TS will also provide depositary, fund administration and transfer agency services to the new RAIF launched by AMOAI.

Hedge fund leverage risk comes under scrutiny

Regulators look at whether businesses could imperil stability of financial markets

Fund managers count cost of December’s stock market fall

UBS analysts called the period “one of the worst quarters in recent years for European asset managers” as it lowered earnings per share forecast for a basket of fund stocks.

HSBC gender pay gap increased to 61% in 2018

HSBC originally warned in its 2017 report that the 2018 pay gap would likely be wider.

Premier posts slower inflows after ‘challenging’ quarter

“Over the period, the UK equity market fell 9.6 per cent and global stock markets fell 10.5 per cent.

TISE breaks records with new listings in 2018

There were 865 new listings on The International Stock Exchange during 2018.

DTCC gets approved for activities in Switzerland

The service has more than 3,500 clients sending over 500 million messages per month, with 46 European regulators accessing its data.

Hargreaves slashes Wealth 150 funds but Woodford survives

Discounts average 30% across all the funds on the Wealth 50.