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

GAM Holding Plummets After Saying First-Half Profit to Drop 50%

The underlying profit before tax for the first half of 2016 is likely to decline by approximately 50% from the CHF 101.5 million reported for the first half of 2015.

Old Mutual unit to buy 60% stake in Landmark

The FTSE100 listed investment, savings, insurance, and banking group also said that OM Asset has amended certain agreements to satisfy its ongoing liabilities to Old Mutual earlier than expected.

Norwegian oil fund draws up contingency plans for war

Sovereign wealth fund is prepared to protect its assets from extreme political events

China and UK set to link closer in capital markets

Britain is the guest country of honor at the Lujiazui Forum 2016.

The hedge fund fee structure consumes 80% of alpha

How did we end up in a world where investors bear the risks and managers reap the rewards?

Alliance Trust's new chairman takes it on a good journey – slowly

Elliott Advisors' six-year siege of Alliance Trust – one of the longest-running sagas in UK asset management history – may be about to slowly lift.

Ex-Merrill Lynch Directors Launch Cash Management Firm

Insignis will enable clients to deposit cash, starting at £100,000, into a hub account in their own name which is then electronically distributed to bank accounts to give them the best returns.

Temasek Office In Hedge Fund Heartland St James's Hits The Market For £135 Million

The 23 King Street building, owned by Standard Life Investments, commanded a record-busting London rent when Temasek took the top two floors of the building nearly three years ago.

Private equity firms eye up O2 takeover

Virgin Media owners Liberty Global and French budget mobile operator Illiad have also set their sights on O2.

Hargreaves Lansdown closes DB transfers for most clients

We simply say at the outset that we will only accept transfers in these special cases,” he told FTAdviser.

Under the bonnet of Tim Gregory's new venture

Gregory wants to adopt a multi-cap approach – investing in companies upwards of £100 million market cap.

Ares Management Closes Third European Direct Lending Fund

Ares Capital Europe III Hits Hard Cap Of €2.5 Billion

Barclays completes sale of Spanish pension assets to Caixa Group

The British lender completed the sale of its Spanish retail bank to Caixabank in January 2015

Fidelity quits Buffett and Dimon’s ‘code of best practice’ group

The secret summits, understood to have initially been arranged by Dimon and Buffettand thereafter led by Dimon, have been ongoing for months, the FT revealed in February.

Delta Lloyd to Raise $226M with Sale of Stake in Van Lanschot

Delta Lloyd NV may raise as much as 198.4 million euros ($226 million) through the sale of its stake in wealth manager Van Lanschot

Qatari royal family set to acquire substantial stake in Eir

Move would afford Eir vital breather to continue restoring revenues before flotation

Delta Lloyd to Raise $226M with Sale of Stake in Van Lanschot

Delta Lloyd NV may raise as much as 198.4 million euros ($226 million) through the sale of its stake in wealth manager Van Lanschot

RWC Partners Confirms Inception of Asia Long/Short UCITS Fund

The team currently manages over $1.7bn in long-only and long/short emerging, frontier and Asia equity funds.

Partners Group in Talks to Buy French Property Firm Foncia

The owners aimed to raise more than 2 billion euros from the sale, French newspaper Les Echos reported in March.

SGSS in Luxembourg mandated by Bedrock for cross-border fund distribution

UCITS V compliant, 20UGS FUNDS is available in 4 countries in Europe and represents a total in assets of 230 million euros.

Alternative Investments