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

ABN Amro Becomes Latest Bank to Withdraw From Carbon Trading

The bank will continue to offer clearing services for carbon permits and offsets, he said. It has been active in the European Union emissions market since at least 2005.

Apsley forges alliance with major insurer to distribute and market its unique AIFMD insurance product

Insurance provider Apsley Specialty has joined forces with Lloyd’s Pembroke Syndicate 4000 to provide capacity for its insurance offering to the alternative asset management sector.

Disappointing start for trust after switch to Henderson leads to fears for future

The global investment trust which was moved last year from SVM Asset Management in Edinburgh to Henderson Global Investors in London has an uncertain future after a disappointing start under new management.

Skandia adds Woodford fund to platform

Skandia has added Neil Woodford’s equity income fund to its SelfSelect open fund range

Boal & Co named Zurich's trustee provider of choice

Boal & Co has become Zurich International Life’s new trustee provider of choice, meaning the Isle of Man-based life company will become the bank’s default recommendation for customers looking to set up a corporate pension plan.

Amundi launches the first Multi Smart Beta ETF on Euronext

Amundi is launching an innovative ETF on NYSE Euronext Paris providing investors with exposure to the Scientific Beta Developed Multi-Beta Multi-Strategy ERC strategy index.

La Francaise Targets 15% Real State Returns with Joint Venture

La Française says the restructuring should allow its team to achieve higher returns by taking on more risk in its real estate investments.

Life platforms are attracting growing interes

Advisers have warmed to life company and mid-tier platforms as the big three struggle

JP Morgan launches flexible income fund

JP Morgan has launched a flexible income fund for managers Andrew Norelli and Matthew Pallai to cater for investors looking for yield.

Bestinvest urges industry to attract more female fund managers

Figures compiled by the group suggest that only 7 per cent of retail investment funds are managed or co-managed by female fund managers

Aberdeen Asset Management CIO wins 100 WHF 2014 European Industry Leadership Award  

Anne Richards, chief investment officer of Aberdeen Asset Management, will be presented the 100 Women in Hedge Funds 2014 European Industry Leadership Award at its London Gala in October 2014.

Aviva is launching a new app for its customers

Aviva Premiership Rugby fans benefit from exclusive content

HSBC To Sell UK Pensions Business To Swiss Re

HSBC Holdings PLC Wednesday said it will sell its UK pensions business to Swiss Re subsidiary ReAssure Ltd, but HSBC Global Asset Management Ltd will remain the investment manager for most of the assets being sold.

Eyes down as Mercia Fund Management stakes bingo dabber

The game features real dabbing of bingo cards and rewards the competitor for the speed and accuracy of their performance with surprises, awards and challenges.

NVM Private Equity invest £5 million in Aberdeenshire business

Both businesses will now become part of the Arnlea Holdings group

Deutsche Bank sets up bullion vault in London

Deutsche Bank said on Monday it begun operating a precious metals vault in London, joining a series of other institutions that offer to store gold in the global centre of the over-the-counter bullion market.

Isle of Man wants to cash in on digital currencies

The Manx government is going to try to cash in on digital currencies

Tower Gate to launch AIFMD compliance service

Tower Gate Capital – the group headed up by former Lehman Brothers banker Bobby Console-Verma – has applied to the Financial Conduct Authority to launch a new compliance platform under the Alternative Investment Fund Managers Directive.

Chinese buyers to become ‘biggest overseas force in London’s property market’ by 2016

Harrods Estates has signed an agency-wide partnership with Chinese mega-portal Juwai.com, as new figures are released on the scale of Chinese investment into the capital’s property market

EM specialist acquires ex-First State and Invesco men's boutique

The £30 million BDT Invest Asian Focus fund is to become the Blackfriars Asian Focus fund. Co-managed by Dobson, Thornton and Rob Brewis, the fund has returned 8.7% over the past three years compared with 6.4% from the MSCI AC Asia Pacific index.

Alternative Investments