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

Legal & General looking to sell stake in overseas business

IndiaFirst Life Insurance is based in Mumbai and is a joint venture between the Bank of Baroda, which owns a 44% stake in the business, and Andhra Bank, which owns a 30% stake.

Zimbabwe banks reject EU financial bailout

The move, however, backfired as it resulted in a crisis in confidence and capital flight causing the emergence of a strong foreign currency black mark

Ethical fund houses merge to manage £11bn

Sustainable investment focused fund house Impax Investment Management has completed its acquisition of Pax World Management.

Scots fund house seals blockbuster takeover

EdiEmploys about 60 people, has funds under management of around £7.5 billion

International investment firm acquires Midlands-based IFA

Acquirer rebranded in November

Brewin cuts charges and unveils four funds in MPS overhaul

Brewin will pass on all cost savings to advisers clients', which will save them around £3 million a year following the change.

Hedge Funds Are Making Money From Exotic Bets

AHL Evolution, Systematica’s fund beat other trend followers

Charlemagne Capital rebranded to Fiera Capital

Fiera Capital is pleased to announce the launch of two new strategies under its UCITS platform

Scottish Widows eyes hybrid drawdown launch

Many advisers are navigating this area by helping clients manage a phased strategy

Impax Asset Management Expects Pax Deal To Close On Thursday

Impax said the pro forma assets under management of the combined group would be GBP10.3 billion

BNY Mellon IM unveils EMD total return fund

Managed by Colm McDonagh

Jupiter Fund Management Q4 assets up 3.7 pct on market gains, inflows

Market and currency gains added 1.2 billion pounds and net inflows a further 570 million pounds

Hedge Fund Verrazzano to Return Money in Family-Office Shift

Verrazzano’s European Opportunities Fund gained 1.7 percent in the 11 months through November

Invesco Real Estate buys three European office assets for €140m

The real estate manager said the three class-A office properties located in Milan, Prague and Munich, were acquired on behalf a south German pension fund.

Buyers of French property to save thousands following tax changes

The tax is only applicable to the amount of equity an investor has in the property.

M&G transfers four UK funds to Luxembourg ahead of Brexit

Formal notification of the proposals will be sent to shareholders on 10 January.

Macfarlanes advises Regional REIT on secondary fundraise of up to £100m

Regional REIT intends to use the proceeds of the offering to, among other things, acquire two contracted property portfolios.

Barclays Launches Pioneering Range of Green Corporate Banking Products

Barclays Corporate Banking announces the launch of a suite of Green Finance products, designed to help the bank’s clients fund more sustainable projects in the UK and around the world

Ascot Lloyd and Bellpenny become IFA under 'Ascot Lloyd' brand

'Following adviser and client demand'

US expats hit as investment platform abandons funds

Hundreds of ETFs and investment trusts fail to meet new European standards

Alternative Investments