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

River & Mercantile raises £51m for Rodrigs' Micro Cap trust

Fund managers gets first investment trust focused on UK 'micro cap' companies off the ground.

Standard Life’s Tiller: Platform price war on hold until 2016

Platforms will hold off cutting fees further until after they have dealt with significant changes to pricing structures in the first half of 2016

World’s Biggest Wealth Fund Hunts for Tailored Benchmark Index

Norway’s $860 billion sovereign wealth fund, the world’s largest, says designing benchmark indexes that give its portfolio managers greater investing freedom will help drive up returns.

AIFMD fuels strong growth in European fund domiciles, says ALFI

The introduction of the AIFMD has fuelled strong growth in European fund domiciles, with the number of alternative investment funds increasing by 10% since 2010, and assets under management increasing by 13%.

Dobbie unveils crowd-lending site for SMEs

Internet entrepreneur Bill Dobbie has launched a Scottish-based crowdlending platform aimed at offering small businesses an alternative to bank funding.

Family office of Michael Dell builds 5.5% stake in Serco

MSDC currently owns 30.6 million shares in the company, making it Serco’s sixth-largest shareholder, according to a filing made by the FTSE 250-quoted firm with the London Stock Exchange.

Standard Life Investments' Thomas Moore Wins 'One to Watch'

Thomas Moore, an Investment Director within Standard Life Investments’ UK Equities team is responsible for managing the Standard Life Investments UK Equity Income Unconstrained Fund, the Standard Life Equity Income Trust and for analysing the banks

Malta has been coveted with Europe's Most Favoured Domicile award

The European Fund of Hedge Funds Awards remains the only signature event held exclusively for the European fund of hedge fund sector and as such continues to attract the top names from the industry.

New Legislation Promotes Hedge Fund Management Activity in Jersey

In a welcome development, Jersey's Chief Minister has signed into law new legislation designed to simplify and encourage the establishment and operation of hedge fund management businesses in Jersey.

BlackRock Hedge Selector trust to be closed down

The BlackRock Hedge Selector investment trust is set to liquidate after proposals to adjust the trust’s strategy were found to be lacking “feasibility”.

Caceis supports Seven Capital Management fund distribution

BlackSnake sub-fund admitted to Euroclear France

State Street Global Advisors launches global equity fund

Asset management giant State Street Global Advisors has launched a global equity fund designed to strengthen its Beta-focused strategies range.

States of Guernsey to issue bond

The Treasury and Resources Department at the States of Guernsey has progressed preparations for the issuance of an inaugural States of Guernsey Bond. The States of Guernsey through its bookrunners Barcla

East Capital to launch global frontier market fund

East Capital is planning to launch a frontier markets fund in mid-December

Primary care estate in privatisation plan

Primary Primary care trusts could sell their properties to the private sector under plans being considered by the government.estate in privatisation plan

Deutshe Börse plots expansion into emerging market FX

Deutsche Börse's acquisition of a minority stake in R5FX, the London-based electronic trading venue specializing in emerging markets FX, is the latest in a series of strategic moves by the exchange to break into the FX market.

Axa Wealth removes drawdown and Sipp charges

Axa Wealth has announced today that it will remove regular charges on its Pension Investment Account and drawdown services available via the Elevate platform.

Banks gear up for online assault

Market trends, hot investment funds and new sophisticated financial tools are being made available at the touch of a few buttons as banks add bells and whistles to attract investors and advisers.

Deutsche and Goldman finalise backing of Greek private equity spin-off

Senior staff at the private equity arm of the National Bank of Greece have set up a London-based entity in preparation for a spin-off, having secured backing from units of Deutsche Bank and Goldman Sachs.

Blackstone Rejects £2bn Offer for Resort Operator Center Parcs

Following the rejection, Blackstone is planning for a formal auction or stock market flotation of the company sometime in 2015, Sky News added.

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