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

Two Leaders in Russian Debt Collection Market Combining to Create Massive ARM Firm

Сlients of both FCB & NRS will benefit from full scope of collection services and increased efficiency at all collection stages.

European Capital Completes Sale of Farrow & Ball

European Capital received £236 million in equity proceeds (having previously received full repayment on the senior and mezzanine debt) and realised a gain of £138 million from the transaction, subject to closing adjustments.

Stratton Street Capital talks up RMB outlook

London-based fixed-income manager Stratton Street Capital is positive on the outlook for RMB as it anticipates that the Chinese currency will continue to appreciate against its peers in view of the country’s trade surplus and capital inflows.

Macquarie replaces Bank of America as Bowleven’s nomad

British oil and gas company Bowleven has hired Macquarie Capital as its new nominated adviser on the Alternative Investment Market, following the resignation of Bank of America last week,

Two UK Pension Funds Create Asset Management Partnership

Two UK local authorities are developing a "groundbreaking" asset and liability management partnership, which will pool £10 billion of assets to cut costs and improve performance.

Madison takes stake in TIAA Henderson London office portfolio

Madison International Realty has taken a 50% stake in a London office portfolio from TIAA Henderson Real Estate

Conflict of interest claim over Canary Wharf bid

Another row has broken out in the battle to win control of London’s Canary Wharf.

French expat euro mortgage rates fall again

Long term fixed rate euro mortgages to buy a new home or releasing equity have fallen again, reflecting the ultra-low level of Euribor, the European Central Bank reference rate.

PIMCO makes history

PIMCO has today made history by launching the first actively managed fixed income ETF in Euroclear Bank's international structure

New wave of active ETFs poised for boost from institutions

Institutional investors may soon be stepping up investment via active exchange-traded funds after consultant Towers Watson, one of the Big Three consultants that advises clients worth $2 trillion, gave them a qualified thumbs-up.

Norway Wealth Fund Targets $3 Billion in Green Technology Stakes

Norway’s sovereign wealth fund, the world’s largest, will invest almost $3 billion into green technology stocks next year

Success For Slipit- Investment Company Of The Year Awards

The award follows hot on the heels of last month’s win for SLIPIT at the Investment Adviser 100 Club Awards.

Fund industry’s bad reputation repels women

Figures for the UK show only 7 per cent of retail investment funds are managed by women.

Lloyds to sell Isle of Man offshore investment arm

Lloyds Banking Group’s insurance arm Scottish Widows has put its offshore investment and tax planning business up for sale in the latest sign that dealmaking in the sector is heating up.

Tower developers hope to win Britons over to high-rise living

A series of residential towers is set to spring up in cities across Britain as property developers and investors seek to emulate the kind of high-rise housing which is common in the US and Asia.

Top Listing For Shropshire Financial Planners

A Shropshire financial advice firm has been recognised once again as one of the best in the business in a prestigious national league table.

Smaller alternative funds complain of European 'passport' costs

Hedge fund and property fund managers are facing unexpected charges and administrative hurdles to sell their funds across Europe, deterring some from doing so and cutting across the principle of an open market

L&G acquires three care homes for £25.2m

The Careplaces Fund is a property fund specialising in healthcare managed by Bridges Ventures in partnership with care home developer Castleoak.

Would you pay €7m to get the best jobs in finance? PWC report predicts doom for European banking jobs

You want to work in private equity. Of course you do – as an industry it’s more prestigious than investment banking. It’s also more interesting, pays better and (theoretically) involves less work.

Chris Gilchrist overhauls investment proposition with Parmenion

Fiveways Financial Planning director Chris Gilchrist has teamed up with Parmenion to overhaul his firm's investment offering

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