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

Legg Mason closes two small-cap funds

Legg Mason has shut two small-cap funds managed by its subsidiary Royce Associates.

Standard Life could move parts of its operations to England

The chairman of UK insurer Standard Life said on Tuesday that the company would not hesitate to move parts of its operations to England or register its funds there to protect its market position.

Mercia Fund Management invests in digital trading card business

Henley-in-Arden investor Mercia Fund Management has invested £280,000 into digital trade card developer VirtTrade.

EFG readies fund to benefit from ‘new peak’ for M&A

Its goal is to build wealth by investing in stocks

ICAP Full-Year Profit Falls 4% Amid ‘Challenging’ Conditions

Trading conditions have been and are likely to remain extremely difficult

L&G adds investment-grade bond fund for Browne

The team manages about £70bn, with around half of which in buy and maintain strategies.

RLAM posts £900m inflow into fund range in Q1

Royal London's new life and pensions business was up 18% to £989m

London Stock Exchange among several bidders in auction for asset management and index firm Russell Investments

Private equity firms CVC Capital Partners and Silver Lake have also teamed up to pursue a bid

Asset surge propels Duet beyond $5bn barrier

Assets under management at Duet Group, the alternatives group co-founded in 2002 by former Merrill Lynch and Credit Suisse First Boston banker Henry Gabay, have hit the $5 billion mark after a surge over the past year.

Scottish Mortgage boss hits out at investment managers

He added: "There is so much wrong with the investment industry."

The manager who earns $10million... in just one day

Though 2013 was not one of the better years to be a hedge fund manager

Nest adds F&C bond to ethical investment fund

Nest has added an ethically screened corporate bond to its ethical investment fund

Funds guru challenges rivals on fees

INVESTORS are set to benefit after one of the most celebrated fund managers announced the launch next month of a new fund with some of the lowest fees on the market.

UK star manager announces launch date for new fund

Woodford's new venture has already received significant support from major players in the industry

Care Bill presents opportunity for fund managers

New types of insurance and annuity products – and a fresh source of income for fund managers

BNP Paribas signs up to TARGET 2

BNP Paribas has announced it will be a 'directly connected participant' of the TARGET 2 Securities settlement program.

Glory for Lansdowne’s stock-picking strategy

The years that followed the credit crisis badly damaged the reputation of long/short hedge funds, whose volatility is now greater than macro hedge funds, traditionally viewed as the gunslingers of the sector.

Oxford University wins best allocator to hedge funds

This move has earned Oxford the respect of its peers and with it the new Financial News award for Best Allocator to Hedge Funds, narrowly beating Kedge Capital, the family office for the Bertarelli family.

Wells Fargo Asset Management international fund offering now available to investors in Italy

To facilitate all retail business, Wells Fargo Asset Management has appointed Société Générale Securities Services S.p.A. as the correspondent bank in Italy.

Europe faces crisis of financial literacy

There is a lot of talk about consumer confidence and measures have been taken to enhance trust in the industry

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