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

Debt backlog clogs M&A deal machine

To fund these deals banks make so-called bridge loans for a short period

A future of private equity substance

Strong figures suggest Jersey’s alternative funds industry is in great shape and, with access to European markets improving

Alternatives managers hit hardest by UK pension pooling

Research by 24 council funds, published in January, estimated nationwide consolidation could generate fee savings of £300 million a year

Schroders shifts Core UK Equity fund strategy

Over one year the fund has shed 15 per cent compared with a 6.3 per cent drop for the sector.

Jupiter bursts beyond £35bn and plans double fund launch

Helpful market movements and inflows helped assets under management rise from £31.9 billion to £35.7 billion over the year.

Azerbaijan determined to apply Islamic banking instruments

Babayev faced difficulty to name the exact date of introduction of Islamic banking model in Azerbaijan, explaining it with the number of issues to be solved.

City Financial announces hard close of credit strategy

Goldman Sachs International acts as the Fund’s prime broker.

Amundi bond manager cuts sterling exposure, hedges further Brexit falls

A put option is a contract that gives the buyer the right to sell a currency at a specified price within an agreed time.

EY acquires Dutch financial advisory firm Montesquieu

Under their leadership, Montesquieu built a strong track record in the area of financial consulting and risk management.

Jupiter to launch Asian Income fund

The Asian Income fund will be benchmarked against the FTSE All World Asia Pacific ex-Japan index

Architas boosts AXA Wealth funds to £45bn

AXA Investment Managers’ multi-manager business has already moved into the Architas business.

‘Let advisers do the job’ – Aegon UK rules out buying firms

Speaking to Financial Adviser, Mr Grace said Aegon UK had “no ambition” to buy advice firms, adding he “will let other people do that”.

JPMAM wins BlueCrest AllBlue cash after investors reject liquidation

Management of the fund will be spread across the Highbridge investment team, which offers 12 risk-adjusted strategies led by chief investment officer Mark Vanacore.

Royal London swoops for Axa UK protection arm

n August 2015 Money Marketing revealed the French-owned wealth manager was up for sale.

A new ‘front’ in the quest for captive insurance

But now, the Canadian company has to appoint a ‘fronter’ – a European-registered company who would represent them and conduct the insurance on their behalf.

NewAlpha reaches seeding agreement with Prime Capital

Prime Capital currently employs over 50 professionals, based in Frankfurt, London and Luxembourg and has around EUR5.4 billion in Assets under Management.

Potential merger of equals between Deutsche Borse AG and London Stock Exchange Group plc

The Potential Merger would be structured as an all-share merger of equals under a new holding company.

Octopus AIM market masterclass attracts 140 advisers

Nearly one in two advisers attending have not previously written AIM-related business

Sovereign Wealth Funds May Sell £404 Billion of Equities

The value of listed equities held by the world’s largest wealth funds will probably drop to $2.64 trillion this year

L&G eyes housebuilding move with flat-pack venture

Head of bulk annuities, Tom Ground, will head up the new venture. L&G declined to comment to the paper.

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