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

Monks Investment Trust posts negative return for the year

At this year’s Annual General Meeting the authority of shareholders is being sought to enable the Company to re-sell shares held in Treasury

Zyfin Launches World's First Turkish Sovereign Laddered Bond ETF

Rising interest among domestic and international investors in the Turkish domestic debt markets has led to enhanced liquidity and strength in Turkish sovereign bonds.

Schroders launches first global multi credit fund

Some investors are seeking to de-risk their portfolios while asking their bond investments to work much harder to generate returns

Openwork to offer high net worth mortgage service

Openwork, which has seen mortgage lending soar almost 50 per cent year-to-date compared to the same period last year, is aiming to lend more than £10bn in 2016.

Axis Bank launches India's first certified green bond at London Stock Exchange

One of India's leading private sector capital markets banks opened trading at the London Stock Exchange with the bond, which is certified by the Climate.

Kames launches global diversified growth fund

Its base currency will be euro but there will also be US dollar, Sterling, Swiss franc and Swedish krona share classes.

Moore Capital is losing former SAC Capital portfolio managers as Point72 builds in London

Of the SAC investment team who joined Moore Capital in February 2014, three have already returned to Point72.

AJ Bell carries out share trade via Facebook

A total of £500 worth of Facebook shares were purchased.

Asteroid, Asteroid Mining, space mining Luxembourg Allots $223 Million Fund For Space Mining Ventures

Schneider says Luxembourg is looking to be included in the top 10 countries in the world with a prosperous space industry.

Inside McKinsey’s private hedge fund

McKinsey quietly runs an investment arm for partners but experts warn of conflicts of interest

Fund costs cut for thousands of M&G investors - but experts warn of admin headaches

Price reductions depend on the type of fund but will typically be half a percentage point.

Italy export credit agency plans Islamic finance push

Around a quarter of banking business in the six-nation Gulf Cooperation Council is sharia-compliant.

Italy's Banco Popolare $1.1 billion cash call makes solid start

Mediobanca and Bank of America Merrill Lynch are committed to taking on any unsold shares.

Standard Life and Aviva join CII push to professionalism

The report said this is ‘particularly important given the key role the sector will play in the light of pension reforms’.

Royal London launches drawdown governance service for advisers

Middle market drawdown booming post-pension freedom

The problem is not London's foreign investors – it's where their money goes Dawn Foster

It is possible to discuss housing without being xenophobic – people of all nationalities are treating property as gold bricks and avoiding UK tax

AIMA welcomes EC’s efforts to remove cross-border barriers to fund marketing in Europe

The consultation forms part of the Commission’s effort to create a “Capital Markets Union” – a deeper single market for capital in the EU.

African Philanthropist Tony Elumelu Woos French Investors To Nigeria

The event held at the Palais de Luxembourg in Paris, France late last month and had more than 4,000 leading French entrepreneurs in attendance.

LSE and Deutsche Boerse set to cut 1,250 jobs to save costs after merger

This sum represents about a fifth of the groups' overall costs and comes on top of savings programmes that were already underway before the deal emerged.

Standard Life Investments acquire Blythswood House in £17.4m deal

The 216 room student accommodation, situated on 200 West Regent Street in Glasgow, is currently leased to Glasgow School of Art on a 25-year lease

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