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

Activist hedge fund Elliott scores successes in UK

The fund’s London office, which is managed by Gordon Singer, the son of Elliott’s founder Paul Singer, has been open since 1994, long before many UK funds.

Allianz, Axa Said to Bid for StanChart Asia Insurance Rights

The lender entered a new 15-year agreement with Prudential Plc in 2014 to distribute its life insurance products in Asia.

Capital & Regional says retailers not affected by Brexit vote

Chief executive Hugh Scott-Barrett said he remained confident that the company's centres would continue to perform well this year, and that activity in the immediate wake of the vote had been encouraging.

Former Top British Banker Adding Some Green to His Portfolio with Big Cannabis Investment

The banking industry operates this way despite the immense risk it places on individual marijuana industry workers and businesses.

Cambridge university start-up fund raises £75m ahead of IPO

The university founded CIC in 2013 with an original £50m investment, which came from its own funds as well as outside investors including Lansdowne Partners, one of the largest hedge funds in London, and Arm Holdings, the technology group.

Special fee on top Montanaro UK Income fund shuts

Investors were promised they could lock in this introductory price forever as long as they invested before the fund hit the £150 million capacity.

Ex-Barclays Banker Said to Back Marijuana Venture

The venture may seek to capitalize on the outcome of the state’s November vote on whether to legalize and tax recreational pot use.

Rentplus secures £20m funding deal

It will then look to lease homes to housing associations, which would let them to people with an income of less than £80,000 a year who are struggling to get onto the property ladder.

AJ Bell launches passives-only managed portfolio service for financial advisers

According to the firm, the key benefit of the service is to free up financial advisers’ time so that they can spend more of it with clients and focusing on core financial planning.

Multi-manager scraps Walewski & Renaud amid fund ‘evolution’

The Dublin-domiciled fund, which was launched in April 2008, is based on European equity managers presenting their best ideas as a 10-stock portfolio, which is then curated by Freeman-Shor.

Norway sovereign wealth fund returns 1.3% profit

Bonds performed best, returning 2.5 per cent, while equities returned 0.7 per cent and property minus 1.4 per cent.

Belarusian PE firm Zubr Capital collects $50 mln for debut fund

The launch of the Fund in Belarus is the evidence of the country’s financial markets ready and prepared to cooperate with western investors

Norway-Backed Fund on Hiring Spree in Africa Finance Venture

Arise will start operating in January with investments in 20 African countries and enough funding to be able to reach almost $1 billion of assets within five years, said Deepak Malik, the southern African head of Norfund.

One of the world's biggest hedge funds is backing the Bank of England

The rate cut was widely expected, with markets pricing an almost 100% chance of the cut happening.

Brexit: UK property market lures more Qataris

It’s a great time to invest in UK’s real estate market.

Cerberus to seal bumper Danske mortgage deal

American private equity firm ready to buy bulk of Danish lender’s remaining residential loans

Winemakers raise a glass to Brexit

Bordeaux wine has been linked to the UK since Henry II acquired the region in 1152 as part of the dowry of his bride Eleanor of Aquitaine, making England a top export market.

Royal Mint sees surge in demand for gold bars and coins

So far this year, the price of gold has risen by 45% in sterling terms, and 25% in dollar terms.

Keynote speaker announced for Guernsey Insurance Forum

Mr Wheatley said the event will appeal to reinsurance professionals, captive managers, insurance companies, actuaries, lawyers, accountants and risk managers.

Lansdowne makes push into renewable energy.

New fund will launch in the fourth quarter to capitalise on growing consumer appetite

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