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

L&G to convert £1bn property fund into PAIF

Legal & General is to convert its £1.2bn UK Property trust into a property authorised investment fund (PAIF) next month.

Baillie Gifford's Coutts slams the 'damaging' mismatch of investment horizons

He demonstrates how this time horizon is “compressed” as it moves through each of these different stages by using research on pension funds by Keith Johnson as a reflection a typical investment supply chain.

Fund managers back property for income as Chatfeild-Roberts buys in

The backdrop remains supportive as the UK economic recovery gathers strength

Barclays to pull out of major commodities trading areas

The Financial Times, which first reported the cutback, said there would be heavy cuts to the bank's 160 commodities staff.

Dundas Global turns focus to UK market

A FUND management business led by two of Scotland's foremost investment professionals has turned its attentions to the UK after scooping portfolios worth hundreds of millions of pounds in Australia.

Activist hedge funds target Europe amid increasing power

The City will increasingly be targeted by activist hedge funds with 40pc of funds reporting they are looking at opportunities outside North America

Allfunds Bank nabs BWCI mandate

European platform provider Allfunds Bank has hit £100 billion in assets under administration.

EU moves on MiFID II, banking union

Deutsche Börse-owned Eurex and IntercontinentalExchange-owned Liffe will first look at new derivatives rules

L&G’s bond star Hodges quits

Mr Hodges’s forthcoming departure will be a blow to the group

Tech giants pose threat to fund houses

The likelihood of technology giants entering the fund market has increased as many of these groups have accessed the financial services arena through online payment businesses.

Barclays planning exit of some commodities markets: FT

Barclays is planning to withdraw from parts of the metals, agricultural and energy markets, echoing moves by other major players like JPMorgan Chase and Morgan Stanley away from the commodities business.

Nama takes control of London property at centre of €200m development plan

NAMA has taken control of a property in the City of London earmarked for a £200m development.

'Unnamed' billionaire eyes €15m Mt Juliet

The iCapital Group is said to be in a shootout with the likes of Pat McCann's Dalata, Ritz Hotels and Brehon Capital for the iconic golf destination.

AIMA publishes new guides for hedge fund managers who want to comply with AIFMD

The new guides cover three of the most important EU jurisdictions for the industry - the UK, Ireland and Luxembourg - and build on the generic AIFMD implementation guide that AIMA published in January 2013.

WisdomTree Completes Investment to Create WisdomTree Europe

WisdomTree Investments, Inc.an exchange-traded fund sponsor and asset manager, announced today that it has completed the acquisition of Boost ETP

London retains edge with Middle East investors

London taking 23 per cent of the entire European capital flow

Charles Stanley sees encouraging growth

Charles Stanley Group reports encouraging growth in funds under management and associated revenues for the 12 months to the end of March.

BNY Mellon is Top Fund of Hedge Funds Administrator in Two New Industry Surveys

According to eVestment, total alternative AUA across the industry rose steadily in the six months since its prior survey.

BlackRock shuts Evy Hambro’s small-cap mining fund

BlackRock has closed a fund that was launched just two years ago for Evy Hambro after it failed to attract sufficient assets.

Sigma completes successful switch to urban regeneration

The completed phase comprises a 30,000 sq ft two-storey commercial development

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