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

Brit launches Bermuda SPV for catastrophe capacity

Speciality insurer Brit has created a new special purpose vehicle to provide capacity support for its property treaty portfolio for 2015.

Web 2.0 bank Fidor to open US outpost; UK launch "in final stages"

Innovative German bank Fidor is preparing to launch in the US after signing a partnership agreement with an undisclosed local bank.

Morningstar unveils real return DFM portfolios

Morningstar OBSR Managed Portfolios has launched a range of discretionary real return multi-asset strategies, expanding its young UK DFM service.

Berenberg, BayernLB to Join Forces in Investment Banking

Berenberg Bank and BayernLB are teaming up in the area of corporate finance, aiming to profit from a wave of expected mergers and acquisitions in the coming years.

Webb sets out plans for pensioners to sell annuities

Pensions minister Steve Webb has set out plans to allow pensioners who have already bought an annuity to sell the product in return for cash.

Blackfield Capital CEO led life of luxury and had US expansion plans before disappearing with firm’s assets

Today, almost three months on, further information surrounding the internal operations of the company have emerged

Standard Bank Wins 2014 IFM Award for 'Best Managed Bank, Angola'

London-based International Finance Magazine has conferred the 2014 award for 'Best Managed Bank' in Angola to Standard Bank.

Hargreave Hale on hunt for fresh faces after Worcester move

The relocation comes after the recent opening of a new branch in York

JLT Ireland acquire Liberty Asset Management

JLT Ireland expands employee benefits capabilities through the acquisition of Liberty Asset Management Ltd

IMA rebrands as The Investment Association

It now represents around 85% of UK investment management

Barclays seeks to reopen market with relatively safe bet

Barclays is the first issuer to wade into the FIG market with a sterling three-year covered FRN, a relative safe bet which should successfully deliver the first benchmark deal of 2015.

Foreign Investors Purchase $1.8 Billion of Dutch Rental Housing in 2014

A total of approximately 14,300 rental homes were sold to foreign investors in approximately 10 different transactions.

Tesco could close pension scheme

One of the last defined-benefit pension schemes in private sector at risk as Tesco battles falling sales

Hedge Fund AQR Donates $15 Million To London Business School

U.S.-based quant hedge fund AQR Capital Management announced on Monday that it is donating more than $15 million to the London Business School.

Trophy homes sign of Dublin's wealth magnet

There are always going to be a handful of super wealthy people

Nama comes in well ahead of target on senior bonds

Nama has redeemed half of the senior bonds it issued, putting it two years ahead of schedule.

Millions in line for 10% pension bonus

People could add thousands of pounds to their State pension by delaying taking it for as little as a year.

Openwork reviewing mortgage panel

Mr Martin said the majority of our investment business is coming through this route, with customers taking advantage of “cheaper platform cost driven by Openwork’s scale.”

Centennial of the Battle of the Falkland Islands £2 Coin

The Falkland Islands Government & Treasury have issued a new £2 coin which commemorates the Centennial of the Battle of the Falkland Islands.

CYPRUS: Senvest to hold BOCY, HB for “up to 3 years”

This is an additional vote of confidence in the island’s banking system

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