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

Artemis, Newton and Polar Capital bumped from FE Alpha Manager list

The number of new awards handed out to managers in the top decile totalled 47, up from 37 last year, of which 39 had never before received an Alpha rating.

AIMA publishes new guide to operational risk management

This is the first time that AIMA has produced a Guide covering all aspects of operational risk.

Ex-CQs, ex-Bluegold Capital managers to launch hedge fund - source

Smith will be chief investment officer of the fund and Le Mee will be co-chief investment officer

U.K. Green Bank, BlackRock Buy GLID Wind for $615 Million

“For investors, the sector can provide opportunities for less correlated, inflation-linked, long-duration income and attractive risk-adjusted returns,” said Rory O’Connor, a managing director at BlackRock.

Aberdeen cuts fees on emerging markets fund

The £137m product, previously known as the Swip Emerging Markets fund, appeared on a list of potential closet trackers last year.

Fidelity unveils new pitchman

The idea of the ad is that Danoff represents Fidelity's commitment to investors.

The World's Biggest Wealth Fund Is Unhappy With Volkswagen's Leadership

Through family holding company Porsche Automobil Holding SE, the Porsche-Piech clan controls 50.73 percent of Volkswagen’s voting shares, while only owning 31.5 percent of the company equity.

Legg Mason’s Gent on hitting the acquisition trail

The firm also announced the tie-up of its hedge fund platform Permal with alternative asset manager EnTrust Capital.

Law Firm Crash Is UK’s Biggest Crowdfund Failure

The firm represented many celebrity and sports clients who had lost millions in outlawed loss-making film production partnerships.

Santander scheme targets emerging hedge funds with $125m fund

Antony Barker, CIO of the Santander UK Group Pension Scheme, said that, in addition to acting as a cornerstone investor in SCI’s fund, it had acquired a significant minority stake in the company.

Luxembourg's ultimate offshore investment: space mining

The government announced steps to create a legal framework for exploiting resources beyond Earth's atmosphere, and said it welcomed private investors and other nations.

Glasgow's iconic Ca’d’oro building sold in £14m deal

The sale price reflects a net initial yield of 6.5% to the purchaser.

Biggest Danish Mortgage Bank Seeks IPO as Capital Woes Mount

One day after announcing it will sell its Copenhagen headquarters, Nykredit said it is exploring the option of an IPO

Aegon closes in on Cofunds deal

The move follows months of speculation over the platform, which in September last year Money Marketing revealed had turned down a bid from AJ Bell.

Banned adviser's claims management firm goes bust

His firm, which was called MNFA, was liquidated in 2011.

Hedge Funds Zenit, Canosa to Shutter on Returns, Brummer Says

The fund’s annual return averaged 2.9 percent in the past three years, Brummer said in a statement. The firm ended 2015 with 11.2 billion Swedish Krona ($1.3 billion).

Verras becomes latest CISE member

Convertibles have been a feature of new business in 2015 and we expect a further pipeline during 2016.

Moulton's Aerospace Jewel Prepares To Take Off

Jon Moulton's private equity group has hired Lazard to oversee a £300m sale of Gardner Aerospace, Sky News learns.

Zurich Insurance Ready to Shrink to Cut Claims, Risk Chief Says

Zurich is bringing back Mario Greco, who oversaw general insurance before he left in 2012, this time as chief executive officer starting in May to replace Martin Senn who stepped down in December.

Seilern Investment Management Wins Two Lipper Awards

These awards, coming shortly after Stryx World Growth reached its 20 year milestone, may be attributed to Seilern’s highly focused strategy; commitment to investing in quality growth businesses and holding them through the business cycle.

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