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

ICICI Bank to launch execution-only platform

It will give investors access to around 1,500 funds across 90 fund managers

L&G closes in on Cofunds buyout after ‘third round’ talks

Source close to the talks says November 2011 is “still on the table” as it was “never rejected”.

Generali Deutschland net profit rises

The second-largest primary insurance group in the German market is thus continuing its successful development despite a persistently difficult market environment.

Standard Life Investments blasts Xstrata pay plan

"I do think that incentive package should be voted down. I think it is unnecessary..."

Old Mutual launches inflation-beating ‘generation’ multi-asset range

The fund range, called Generation Funds, is aimed at investors seeking regular income, with the funds aiming to generate a total investment return ahead of inflation over a rolling five to seven year period.

Global fund industry rebounds, total assets now $120 trln

"The fund management industry has recovered quickly from the sharp fall in assets under management at the outset of the credit crisis, with most of the recovery coming from market performance rather than new inflows."

Royal Mint expands bullion coin range as demand soars

The Royal Mint has launched a range of products to meet increasing investor demand for its bullion coins.

Thames River survey reveals increase in IMA sectors achieving positive returns

“The increase in the number of IMA sectors that made positive returns for the quarter is a positive sign for markets as well as investors, with decent returns over the year so far now showing through.”

PruProtect targets wealth managers with protection consultants

PruProtect also has a seperate team of 120 business consultants who work with protection advisers and brokers.

London & Capital's Captive division expands investment choice for Cell Captives

London & Capital has introduced an innovative new proposition for ‘Cell Captives’ i.e. smaller Captive Insurance companies.

ICAP warns of toughest market for 36 years

Group revenue fell to £746 million, a 14% decrease

Investors moved back into hedge funds in October - SS&C RESEARCH

Investors put more cash into hedge funds than they withdrew over the past month, attracted back into the sector by one of the few recent months in which managers outperformed stocks, new data showed on Monday.

Pictet makes emerging market dividend fund available to UK investors

The fund will be structured as a compartment of the Pictet Luxembourg SICAV and is UCITS compliant.

Signet group launches high income bond platform

The Signet Group has launched a platform of liquid and geographically focused high-income bond portfolios taking advantage of under-researched and ‘off-the-run’ opportunities.

Greece focused hedge fund launched by Dromeus

Dromeus is thought to be one of first funds to focus on opportunities in Greece.

AEGON Delivers Strong Earnings Growth and Increased Value of New Business

Sales stable - higher accident & health sales offset by lower deposits

Private equity hunts for Europe bank deals

European banks have some $56 trillion in assets on their balance sheets

Hedge fund compensation rises on record industry assets

Trends in 2012 include a cautious hiring environment

Matrix to Liquidate Hedge Fund and Investment-Banking Divisions

Matrix Group Ltd., a U.K. financial firm seeking protection from creditors

Alternative Investment Industry Barometer, November 2012 - Lyxor

Nine Lyxor Strategy Indices out of 14 ended the month in positive territory

Alternative Investments