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

Ascentric boss: independent wraps will suffer from pricing pressure

He was formerly chief executive of Royal London CIS, the Co-op’s life insurance business, which the mutual acquired in July 2013.

Boutique manager: time to capitalise on Italy’s banking shake-up

It follows Prime Minister Matteo Renzi announcing plans for the banks – known as popolari – to change their governance rules and become joint stock companies over the next year and a half.

MidEast investors lined up for $500m Madame Tussaud's building

Real estate agency CBRE was in the Middle East last week meeting potential buyers for the London building contains the Madame Tussaud’s waxwork museum, which is on the market for more than $500 million.

Singapore's Temasek said partner in AXA RE's £300m London buy

Singapore sovereign wealth fund Temasek is reported to be the main partner of Paris-based AXA Real Estate in buying the stalled Pinnacle development in London for £300m

Tories blasted by Labour over donations from hedge fund firms totalling nearly £2million

Almost £2 million Tory donations came from hedge fund donors

Sumitomo Mitsui Trust Deepens Ties With U.K.’s Man Group

Sumitomo Mitsui Trust Holdings Inc., Japan’s fourth-biggest bank by market value, said it formed an alliance with Man Group Plc to offer the U.K. hedge fund manager’s products to clients

Man Group to Buy London-Based Investment Manager

The British hedge fund company Man Group continued its recent spending spree on Friday, reaching a conditional agreement to acquire the investment management business of NewSmith

Legal & General, Schroders in 200 million pound Bracknell regeneration

The development will contain 580,000 square feet of new retail and leisure space

Natixis Global Asset Management in talks to acquire DNCA

This projected acquisition was presented to Natixis Global Asset Management’s representative bodies on Wednesday, 18 February.

Guinness to shut 0.25% share class on Global Equity Income fund

Guinness Asset Management, headed by Tim Guinness, is to close the 'early investor' share class on its Global Equity Income fund

Threadneedle’s Colwell adds to Centrica in contrarian trade

The manager drew comparisons with the debate around AstraZeneca in 2012.

Third Point Takes 20% Stake In Greek Insurer Hellas Direct

The online car insurance business raised more than $20 million from investors in a primary fundraising and around $12 million in a second fundraising, when a few early backers cashed in on their investment.

The government’s new pension service has one fatal flaw

The UK government has launched its new Pension Wise service.

Miton's Anthony Rayner comments on market stress and the correlation of assets

How asset classes are behaving relative to their history (volatility) and relative to other asset classes (correlation) drives our understanding of the risk environment and underpins how we structure our multi asset portfolios.

L&G joins equity release sector following acquisition of Newlife

Its products are distributed through a panel of 700 intermediaries.

Alceda extands strategic partnership with Warburg

Alceda has extended its strategic partnership with MM Warburg Group (Warburg). Moving forward, Warburg will act as preferred partner for the administration and custody of Alceda’s funds.

First Names Group named in Top 25 Most Admired UK Companies 2015

It includes leading law firms, accountancy practices, independent financial advisers and trust companies in the wealth management sector.

UniCredit Offering Church Pawn Shop in $3 Billion Property Sale

Investment in commercial property in Italy rose 30 percent to 5 billion euros last year

Behind the scenes at Threadneedle’s merger and rebrand

The merger between Threadneedle Investments with Columbia did not happen overnight

Former Brewin investment director plans launch of fund firm

A former trust analyst and investment manager, between 1992 and 1999 he served as Brewin Dolphin investment director in Newcastle.

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