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

‘Big ticket’ trades made possible by bond ETF liquidity

Inflows are rising, but they are yet to be properly tested by market strain

DGIC Announces LOI for Pinnacle Capital, Panama

Our vast European client base, and custodial servicing, the Pinnacle Division bring immense hedge fund and trading implementations strategies between the Sarin Group, Rosen Group, and Lemaire Group

UK private equity firm Actis targets sharp rise in Asian investors

Company’s partner in charge of global fundraising says in the next 5-7 years, Asian investors are expected to account for 30pc, up from the current 20pc of entire 235 client base

Cohen & Steers launches UK fund for $1.2bn real asset star

The strategy will invest in a portfolio of property, infrastructure, gold, and commodity equities, with a fixed income overlay in order to manage fund liquidity.

Norway's wealth fund buys £28.8 million property stake in London

The fund paid 28.8 million pounds for the stake in 30 Warwick Street, valuing the long leasehold interest at 115 million pounds.

Legal & General launches ethical multi-asset strategy

It will primarily invest in L&G Future World ESG index funds incorporating ethical considerations via tilts to the underlying indices.

Chinese AM group launches smart beta A-share ETF

These are selected and weighted according to their volatility and how heavily they are traded.

Sompo International unveils transaction risk insurance in Europe

Thomas’ in-depth knowledge in this area along with new underwriting talent recruited to our European Specialty team will enhance Sompo International’s presence in this important market.

UBS London HQ bought up by Hong Kong investment firm in £1bn deal

The building was bought from British Land and GIC.

Preqin: Number of $1 billion-plus private equity investors up 14% in 2018

Other findings from Preqin's report show that $1 billion-plus investors allocate an average of 10.6% of their total assets to private equity, compared to 8% among other investors.

Eversheds Sutherland advises Investec Bank Plc on €75 million IPO of Yew Grove REIT

The Eversheds Sutherland team was led by corporate partner Lee Murphy, supported by Mary Kiely, Ryan Duggan and Tim Ryan.

Schulte Group sets up capital investment arm

HCM will concentrate on a commercially balanced employment strategy, which will include both shorter and period charters, depending on the vessel segments.

UBS’ London building just sold for $100 million… per floor

CK Asset Holdings already owns several properties in London

Rising costs carve into Psigma profits

An increase in staff costs contributed to the broad rise in expenses.

AFIG Funds CEO Receives 2018 Private Equity Africa’s Outstanding Leadership Award

It has been a remarkable year for AFIG Funds with one of the company’s LP Old Mutual also being recognized for a House of the Year Award, as well as INJARO (an AFIG Funds strategic partner) for the Small Cap/VC category.

Failed Sipp investors warned cash clawback could take years

The administrators, Kingston Smith & Partners, said they believe a distribution will be available to creditors, with estimated total assets currently amounting to £716,000.

Irish investment vehicle linked to hardline Brexiteer Rees-Mogg warns of Brexit risks

Man Group and AQR try to take aim at private equity industry

The era of near record-low interest rates since the financial crisis has driven a boom in PE, helping persuade investors to lock up their money for an extended period.

Shock as BlackRock Emerging Europe forced into wind-up

This would the leave the company's assets under £48 million, below the minimum £75 million threshold it had set and therefore too small to be viable.

A sovereign wealth fund could diffuse the UK’s debt timebomb

Take the national debt. Even though we’ve stopped adding to it, it’s still higher than its been for half a century. And, at some point, it’s got to be repaid.

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