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

Ashburton Investments brings four funds to the UK

Managed by AAA-rated Jonathan Schiessl, and Simon Finch, the fund invests across all market caps

Prime Provides Update on Growing Real Estate Operations and Strengthened Financial Position

Prime Acquisition Corp. is a Cayman Islands company that owns and operates office, commercial and industrial properties in Italy. Prime is focused on building a portfolio of high yield-producing assets.

Old Mutual to split into four businesses

The process should be completed by the end of 2018, the group said on Friday, as it sketched out the details of a keenly-anticipated strategic review.

BPM board member says still working on Banco Popolare merger

The chief executives of the two banks met with ECB officials in Frankfurt on Wednesday and BPM CEO Giuseppe Castagna on Thursday informed a management board meeting about progress.

Friends buy boosts Aviva's profits to £1.4bn

The life business took a higher margin on the pension business and bulk annuity deals it wrote in 2015, pushing the value of its new business up from £473 million to £609 million.

CMC Markets Appoints Goldman Sachs, RBC Capital Markets as Joint Corporate Brokers

CMC Markets offers forex trading in more than 330 currency pairs and CFDs on oil, copper and agricultural products. It is regulated by UK’s financial watchdog FCA.

Bosnian bourse set to launch Islamic share index

SASE, based in Bosnia's autonomous Bosniak-Croat Federation, is one of two bourses in Bosnia and has 400 companies listed.

Copia launches first ETF led Smart Beta portfolio proposition to the UK Adviser market

DWA implements this rules-based methodology to select the asset classes with the best relative strength.

Aviva backs revamped Sesame

This came as a result of an internal review, carried out by John Cowan, executive chairman of Sesame Bankhall Group.

FTSE Russell signs collaboration agreement with Trendrating

The agreement will see Trendrating work with FTSE Russell to develop new innovative momentum indexes.

Morningstar crowns EI Sturdza Strategic Europe Value Fund the best European equity fund in Switzerland

The Fund received the top award for risk-adjusted outperformance over five years, beating more than 1,000 of its Swiss fund peers.

ABN AMRO Clearing To Consolidate UK Equity Clearing With EuroCCP

ABN AMRO Clearing will direct all trades in UK stock to EuroCCP to maximise cross-platform netting.

Are investors finally quitting overpriced underperforming hedge funds?

Deutsche Bank research shows that 71% of pension funds now employ a consultant versus just 15% in 2010.

AIMA launches hedge fund director DDQs

The Alternative Investment Management Association (AIMA) has launched a set of Due Diligence Questionnaires (DDQs) for hedge fund directors.

Norway Wealth Fund Isn't Joining Global Stock Selloff, CEO Says

The comments follow evidence that wealth funds across the Middle East and central Asia have sold assets to plug deficits amid plunging oil prices.

Hungary Central Bank to Revamp Bourse After Purchase

Stock exchange to play more central role in corporate financing

FirstRand looks to UK expansion as African market starts to slow

The plan comes as growth in the South African economy — its largest market — slows and amid fears of a sovereign credit downgrade to junk.

Arm of Singapore’s Temasek agrees £417m deal for UK student digs

The transaction — the biggest UK student accommodation deal this year and one of the four largest so far

Trend-following hedge fund strategies lead performance in 2016

Down markets are as good as uptrends, so long as they are clear, and in January and most of February, financial uncertainty proved profitable.

Fidelity soft closes UK Smaller Companies for second time

The fund was first soft closed back in April 2013 when assets reached £250m, and later peaked at £370m.

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