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

DC Advisory Set to Spin Out Spanish Business

The business formerly known as Atlas Capital, which was acquired by Close Brothers in 2008 and became a part of DC Advisory in 2009, is set to spin out by year end

DeAWM, Harvest Global to launch first RQFII product in Europe

Less than two weeks after the unveiling of the first RQFII product in the US, Deutsche Asset & Wealth Management and Harvest Global Investments are preparing for a similar launch in Europe.

Invesco Set to Bring on Fresh Legs

Unless you have spent the last month in a black hole you would not have failed to miss what was described by one commentator as the biggest news “ever” to grace the asset management industry

Henderson wins Group of Year at InvestmentEurope Awards

Henderson Global Investors has won the Group of the Year category at the InvestmentEurope Fund Manager of the Year Awards, with Polar Capital taking Specialist Group of the Year.

London Stock Exchange Profits Hit By LCH.Clearnet Acquisition Costs

London Stock Exchange Group PLC Wednesday said it has seen a fall in its half-year pretax profits, despite a 44% increase in revenue,

Bolton Returns Three Times Benchmark With China Investment Trust

In net asset value terms, Bolton's trust gained 36.8 per cent over the year to September

Hiring Discussions Pick up as SAC Prepares to Close London Office

SAC Capital Advisors' portfolio managers and analysts in London have held discussions with rival hedge funds including Moore Capital Management about moving to those firms as SAC prepares to close its office here,

World’s Biggest Wealth Fund Told Return Target Raising Risk

Norway’s $800 billion oil fund is under pressure to show it can handle the risks associated with emerging markets as the world’s biggest sovereign wealth investor looks for ways to boost returns.

Standard Sees Successful Firms Moving Towards Fixed Fees

Leading financial planning firms are beginning to move away from percentage charges and instead charge fixed fees

Artemis & Henderson surge up the fund sales table

Net retail sales at Artemis, where equity funds account for 70% of its business, jumped from £366 million in the second quarter to £498.5 million, which the report attributed to flows into the Adrian

F&C Investments Expands Popular Lifestyle Fund Range

It will be the lowest risk profile fund in the range. The retail fund is planned to launch at the end of 2013, subject to regulatory approval.

London Property Not Best Investment for Hong Kong Monetary Authority

London has proven to be a strong, liquid real estate market with robust demand for grade A office and retail assets over different market cycles.

Crédit Agricole Group Posts Q3 Profit

Crédit Agricole Group reported that its third-quarter of 2013 net income Group share was 1.433 billion euros, compared to a loss of 2.206 billion euros in the same quarter last year.

Aviva new business boosted by France, emerging markets

Insurer Aviva PLC said new business rose 14 percent across the group in the first nine months of 2013, buoyed by its core UK life operation and double digit growth in France and emerging markets.

Six Carmignac Gestion Funds Placed on Cofunds

Carmignac Gestion has made six of its six sterling-denominated funds available to UK investors over Cofunds.

Immofinanz in talks to expand German real estate portfolio

Austrian property group Immofinanz on Thursday said its BUWOG unit is in talks to acquire nearly 18,000 housing units in Germany

JP Morgan Reaps Rewards From UK Equity Fund Focus

Smith & Williamson merges UK fund range

Following the move, the UK Equity Growth trust now has assets of £40m.

3i sells majority stake in Bestinvest to Permira

Private equity group 3i has sold its majority stake in Bestinvest to Permira for an undisclosed sum.

Novia launches in-house DFM service

We are delighted to be bringing a fresh, new approach of DFM investment to the retail market

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