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

GE Sells French Consumer-Credit Unit to Private-Equity Firm

GE Capital has closed deals worth $156 billion since last April

Lombard International granted Hong Kong brokerage licence

Located in the heart of Hong Kong’s financial district, the new subsidiary will serve local market needs and act as a gateway for future expansion opportunities in Asia.

The Channel Islands Securities Exchange has set an example for other companies to follow by listing on its own Exchange.

The company has not raised any additional capital but has been admitted by way of introduction of the existing 2,461,000 ordinary shares.

Exoé Selects Charles River’s Multi-Asset Investment Management Solution as a Hosted Service

Charles River’s compliance engine will also help ensure that Exoé maintains the highest level of investment controls.

Insurance Giant Prudential Pulls The Plug On Annuities To New Customers

The insurer will no longer compete to lure in customers whose pensions are held at other firms.

Luxembourg: The Gateway for Islamic finance and the Middle East

The report goes on to cover Luxembourg investment vehicles for Sharia implementation as well as solutions for wealth management and Sukuk issuers.

Exane Selects SimCorp Dimension

The implementation of SimCorp Dimension will enable us to scale for growth and to serve our clients even better.

Assetz Capital launches five new property investment products

As an agile and flexible alternative lending provider, we are able to see gaps and act upon them rapidly.

Scottish Widows reduces CI and life minimum sum assured

The SWP range has been added to the firm’s Webline portal, allowing even more advisers to access the menu-based product.

CVC Said to Begin Raising Record European Buyout Fund in 2017

No final decisions have been made and the target may change, the people said.

Hedge Fund Wins Battle To Remove Board Members at NH Hotels

Mayfair-based Oceanwood Capital led an activist campaign against the four, who it said had a conflict of interest because they were linked to the Spanish hotels company’s biggest shareholder, Chinese firm HNA Group.

Eaton Vance offers new Irish-based multi-asset credit fund

Eaton Vance Management, a subsidiary of US-based Eaton Vance Corp, has launched a multi-asset credit fund which is available to investors in the UK and Ireland with further jurisdictions planned.

Royal London Asset Management cuts real estate legal panel by a third following review

Investment manager cuts real estate panel from six to four following review

Hargreave Hale relocates to New Blackpool Hq

In just the last two years we have seen staffing levels increase by around 35 per cent and our new premises will allow for further expansion.

‘Once and For All’: Asset Managers Take on Diversity

If we are to effectively meet the challenges the pensions and lifetime savings industry faces and above all deliver for savers, we need to harness all our talents.

Greek taxes strangle funds industry in name of austerity

The finance ministry, which is also overseeing a hike in value-added tax as well as separate taxes on Internet usage and fuel, did not respond to requests for comment.

Russian bank trio to roll out Islamic finance products

These new efforts will create new impetus. It's a step forward but there is still more to do.

Global Indemnity Announces Proposed Redomestication to the Cayman Islands From Ireland

The Company will report its consolidated financial results in U.S. dollars and under U.S. generally accepted accounting principles.

EFG Hermes announces the closing of Vortex’s EUR 550 million pan-European deal

EFG Hermes’ announced today that its renewable energy platform, Vortex, successfully closed the transaction to acquire a 49 per cent stake in an operational 664 MW portfolio of European wind assets from EDP Renováveis S.A. The closing of the

Liverpool takeover: Chinese investment group SinoFortone wants to purchase Premier League club for £700m

Liverpool are attracting interest from Chinese investment group SinoFortone which is backed by the Chinese state government.

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