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

GVC listing is Isle of Man first for TISE

GVC Holdings (UK) Limited is a wholly owned subsidiary of GVC Holdings PLC.

Swiss Re expands German commercial insurance business

The Hamburg office operates as a branch of the carrier Swiss Re International.

Chase de Vere profits hit by acquisition

Gross advice revenue increased from £51.8m to £57.4m and average fee income per adviser rose from £245,000 to £286,000 over the period.

Greenlight Capital suffers fresh losses

Many of Greenlight’s top holdings such as General Motors fell.

Invesco Real Estate buys French asset for German separate account client

This core office asset fulfils all our investment criteria and further increases the diversification of our portfolio.

Billionaire hedgie Crispin Odey looks to boot out bosses at struggling Tungsten

It told shareholders not to take any action at this time.

Impax speciality is booming. How is it protecting its niche?

Forster is confident that the firm's track record of sector expertise is a key advantage however.

China Merchants Group Teams Up With London-Based Centricus To Establish $15B Technology Fund

SPF Group is a small fund manager that counts Joshua Fink, the son of BlackRock founder Larry Fink, as one of its partners.

German group takes on 11 funds from Universal-Investment

The two German groups have had a longstanding partnership, which began in 1997 with the launch of the Acatis Aktien Global fund.

Intertrust Ireland to create up to 60 new jobs in financial services

Mary Buckley, executive director of IDA Ireland, called Intertrust’s decision to expand its operations here a “notable endorsement” of the Republic’s financial services business.

DWS to transfer fund administration unit to BNP Paribas Securities Services

As part of the mandate, DWS will transfer its fund administration unit, which is predominantly based in Germany, to BNP Paribas Securities Services

Advisers join asset manager KID reform push

The clock is ticking painfully slowly, and time is of the essence as investors are currently presented with misleading information.

Asset managers failing at plain English.

“The regulator’s role is to ensure that fund managers are not misleading or lying, and that their messages are appropriate and proportionate for the audience, but that doesn’t stretch to policing how they write it,” Caridade-Ferrei

Santander AM unveils total return fund for new recruit

The pair were assigned to the multi-manager team under Vaughan.

Generali to start exclusive talks to sell German life book to Viridium - source

Italy’s biggest insurer is expected to sell its German Generali Leben unit, which is in a “run-off” process honoring existing policies but not issuing new ones, for about 900 million to 1 billion euros, people close to the matter have sa

Tavistock turns maiden profit after restructure

The results exclude advice from the Financial Limited network that Tavistock acquired but then sold to Sanlam last year.

Baillie Gifford waives £700k fee to poach Schroders trust

The name of the trust will change to the Baillie Gifford UK Growth fund and it will be managed by Iain McCombie and Milena Mileva.

Woodbrook and Felictas Management groups to merge following green light from regulator

The merger is part of the Woodbrook Group's international expansion plan and is the product of months of work to make the newly formed company a "dynamic force in the provision of investment advice and opportunities."

Hundreds of new jobs to be created in financial services

“The new jobs to be recruited over the next five years will generate over £15 million in additional annual salaries for the local economy.”

Openwork: we still have 'faith' in Neil Woodford

mnis has attracted over £6 billion in assets and the Omnis Income and Growth fund run by Woodford has attracted £386 million.

Alternative Investments