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

Rise in wealthy French eyeing London move

Knight Frank, the property agent, said sales of prime property to French buyers had risen 40 per cent in the three months to the end of June 2012 compared with the same period in 2011.

Top 100 Firms Have Combined $3 Trillion AUM‎ - Research

Towers Watson survey shows total global alternative assets under management near $5 trillion

SocGen SS mandated by Titanium Finance

SGSS in Luxembourg provides services including trustee, central administration, pricing, paying agent, transfer agent and registrar services, and is a listing agent on the Luxembourg stock exchange.

HSBC sells Irish insurance business

HSBC Europe, wholly-owned by HSBC, has agreed a deal to offload HSBC Reinsurance and HSBC Insurance (Ireland) to Catalina Holdings.

Who Still Wants to be a Millionaire...

Since 1992, average property prices in London have increased on average by 9.1% p.a., or put another way, almost 5 times.

Hedge trade body publishes study in German as relations thaw‎

The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has published a German-language educational paper about the social and economic value provided by the hedge fund industry.

Wells Fargo AM set for multiple fund launch in Europe

Wells Fargo AM rates itself the 11th-largest US mutual fund manager and the 28th-largest internationally, with more than $445bn in global assets under management and more than 35 portfolio management teams worldwide.

Ed Miliband wants banks to sell 1,000 branches to industry newcomers

Ed Miliband wants the UK's high street banks to sell 1,000 branches to industry newcomers, as he blasted former Barclays chief Bob Diamond's pay as "totally out of whack".

Euroclear UK & Ireland cuts fees for growing fund business

The new tariff reflects economies of scale and provides greater savings for customers that route more orders through EUI using the EMX Message System.

Last chance saloon for funds of hedge funds

The report, published yesterday, said that the recent wave of consolidation in the European fund of hedge funds industry leaves just a handful of candidates for large-scale acquisitions.

London Stock Exchange Buys Stake in Delhi Stock Exchange

The Delhi Stock Exchange has been valued at more than 1 billion rupees ($18 million), the report said, without elaborating.

Euroclear’s global “Collateral Highway” to boost collateral flows

Euroclear is embarking on a mission to create the first fully open global market infrastructure to source and mobilise collateral across borders.

SocGen launches new electronic trading platform

This new offering allows SG CIB clients to access to a large pool of liquidity on contracts traded on the LMEselect.

ICBC to open its first office in Poland

Griffin House is an A class office building, located at Trzech Krzyży Square, one of the most prestigious areas in the heart of Warsaw.

Henderson’s latest merger plans delayed

Henderson Global Investors’ latest fund merger plans have hit a hurdle after the group decided not to proceed with the vote related to two funds and was defeated on another.

European Council Adopts Rules On Derivatives

The European Council on Wednesday adopted a regulation aimed at increasing transparency in derivatives and reducing risk in the over-the-counter derivatives market.

Factoring Network and Fortis Commercial Finance unite under one name

BNP Paribas announces today its new brand umbrella name as part of the on-going integration activities for the business, following the acquisition of Fortis Commercial Finance by BNP Paribas in October 2011.

An East German Bank Is Now Offering A Karl Marx Credit Card

This moment of historical irony arose from an online poll posted on the bank's website.

Gender still a barrier to success, say hedge fund women

Most women in the hedge fund industry do not work in portfolio management positions, which create the performance upon which the hedge fund industry is built.

World’s top investor eyes emerging markets

On Monday the fund said it had selected six asset managers to invest an undisclosed portion of its allocation to foreign equities.

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