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

Brexit will cause carnage for UK fund managers

London is a global hub for fund management, with an estimated $6.6trn of assets in the City invested by hundreds of fund groups.

Devet Capital Investments Wins AIF Factor 2016 At The Amsterdam Investor Forum

ABN AMRO Clearing held the event with the support of the ABN AMRO Private Banking’s Alternatives & Funds team.

London Metal Exchange unveils new Ring

Our clients feel that our commentary from the Ring brings them as close as they can get to the vibrancy and life of the market

Funds-of-funds managers feeling the heat

Funds of funds have been a popular option for advisers and retail investors since the ’90s, but increased competition and cost concerns mean managers are under more pressure than ever

Vistra Depositary Services Receives ISAE 3402 Type 2 Assurance Report

ISAE 3402 is a global assurance standard for reporting on controls at a service organisation.

Guernsey is Europe's best captive domicile for fourth straight year

The award was collected on behalf of industry by Adele Gale of Aon Risk Solutions.

Momentum buys London & Capital DFM business

Momentum UK, has expanded into the UK DFM market with the acquisition of London & Capital’s Adviser Solutions business for an undisclosed sum.

Newton Global Income fund reinstated to the Recommended list

The fund was removed from The Adviser Centre in December 2015

Less paper to transact with Cofunds

The overall aim being to save advisers and their clients’ time, reduce administration, and make it easier to invest through Cofunds.

EM equity chief: how to play developing world banks

Henderson's Glen Finegan on how developing world financials can provide a positive alternative to their developed counterparts. Battle of the banks While banks in Europe have undergone a significant sell-off of both their bonds and shares, banks in

India, UK to sign pact on infrastructure investment at G-20 Finance Ministers meet

The G-20 Finance Ministers and central bank governors meeting is scheduled to be held on February 26-27 in Shanghai.

Close Brothers Asset Management to open new Gatwick office

The official opening on the 28th April will run from 5.30pm – 8.00pm at the new office near the South Terminal (First Point, Buckingham Gate, RH6 OPP) and will include drinks and canapes.

BBVA Shutters Venture Arm For $250M FinTech Fund

The parent company will then take the $100 million it had in that fund, along with an additional $150 million, and form a venture capital arm to be known as Propel Venture Partners.

Quilter Cheviot Annlounced as Headline Sponsor for First Ever BBC Countryfile Live

Quilter Cheviot is delighted to support the major new event, which will provide a fun, inspiring and informative great British day out for the whole family.

Credit Suisse Rises as Biggest Shareholders Seen Investing

Credit Suisse’s shares rose as much as 8.9 percent in Zurich trading Monday and were 4.7 percent higher at 10:31 a.m.

Will ETF asset boom continue in 2016?

ETFs and ETPs listed in Europe gathered $82bn in net new assets in 2015 – a 32.5 per cent rise above the previous record level of S$61.8bn seen in 2014

Hedge fund giant Citadel takes out bet against Schroders

To short the stock, Citadel has paid to borrow shares from a large investor before selling them to a third party.

Uber adds another $200M from Luxembourg firm

In continued quest to bring ridesharing worldwide, Uber picks up new funding for western Europe

BlackRock says no need to stress test mutual fund sector

Stress testing funds individually, as regulators have tested banks in Europe and the United States since the financial crisis

Key Retirement to hire 40 extra advisers

Mr Mirfin said he expects a 25 per cent increase in new business this year.

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