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

China money manager applies for new quota for yuan product in London

"We've seen a lot of demand from institutional investors in Europe, especially insurance companies and family offices," said Ding Chen

China's largest bank Close to Buying Big Stake in Standard Bank's London Trading Business

Deal to buy a 60% stake in the South African bank's commodities and foreign-exchange operation in London, the people said.

Commerzbank puts €5bn Spanish Eurohypo property loans up for sale

Potential buyers include banks and private equity groups mainly from the US and UK.

Update: Zurich announces launch of Horizon Investment Solutions

As revealed by Investment Week last Friday, Zurich is launching Zurich Horizon Investment Solutions

Gazprombank launches first Ucits fund

Russian bank's asset management division issues $50m offering

Barclays Stockbrokers reveals new platform pricing

Barclays Stockbrokers has announced its new platform pricing model at 35 basis points for all fund investments with a cap on charges.

JP Morgan to launch onshore version of America Equity Sicav

JP Morgan Asset Management is to launch an onshore version of its $1.1bn Luxembourg-domiciled America Equity Sicav.

Barclays in £76m deal for Harwood

BARCLAYS’ corporate banking team in Edinburgh has arranged a £76 million loan for Harwood Real Estate to allow it to buy a portfolio of 41 properties.

Miton Sells Liverpool Fund Management Business For Up To GBP6.4M

Fund manager Miton Group PLC Friday said it is to sell its Liverpool fund management business to Seneca Investment Managers Ltd, in a deal that could be valued at up to GBP6.4 million.

Euronext launches multi-currency trading service for ETFs

Euronext, a wholly owned subsidiary of IntercontinentalExchange Group (NYSE: ICE), today announced the launch of a multicurrency trading service for Exchange Traded Funds (ETFs), including for the first time on a U.S. or European exchange, the Chinese Yua

Euroclear Bank and NSD launch cross-border services for Russian corporate and municipal bonds

This new service complements NSD and Euroclear Bank’s offering for Russian government bonds, known as OFZs, which was launched in February 2013. Municipal bonds and corporate bonds issued in 2012 and later are eligible for the service.

Guernsey still leads in LSE listings, added most in 2013

LSE data shows that at the end of December 2013 there were 115 Guernsey-incorporated entities listed on the Main Market, the Alternative Investment Market (AIM) and the Specialist Fund Market (SFM).

Oppenheim Asset Management Services appoints KNEIP for AIFMD reporting

The service has been fully adapted to meet AIFMD reporting requirements

2014 inflows for hedge funds set to be best since 2007, says Barclays survey

2014 could be a great year for hedge fund asset raising

Cazenove UK Smaller Companies Fund - removal from Wealth 150

We view this as a positive move for existing investors. If the fund continues to see large inflows of capital, it could become more difficult to manage.

FundsNetwork claims support for bulk switch stance

Less than half of surveyed advisers said they were ‘confident’ platforms are doing enough to support them.

All that glitters: Century-old gold benchmark faces overhaul

Gold-fixing refers to a ritual dating back to 1919 in which banks speak by hone from a couple of minutes to more than an hour about buying and selling gold

Old Mutual Global Investors eyes extra mandates for Buxton

The Schroder UK Alpha Plus fund, which stood at £3.5bn before Buxton announced his departure, had shrunk to £1.7bn as at 3 January, according to Morningstar.

Gazprombank Asset Management Launches Emerging Europe Equities Fund

Gazprombank, has launched its first UCITS fund. The GPB Emerging Europe Equities Fund is registered in Luxembourg.

Robust ETP flows in December Mark Strong 2013 with equity ETPs reaching all-time record - BlackRock

Global ETP flows accelerated in December to $24.7bn, following the Fed's decision to begin trimming its $85bn monthly bond-buying program.

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