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

Aegon reduces fund range on platform

The provider announced in April it was introducing charge caps on both its One Retirement and Retirement Choices platforms.

Man Group funds under management reach $55bn

This helped boost long only funds under management by $1bn to $16.3bn

Invesco Perpetual launch Global Distribution fund for Causer & Read

Invesco co-fixed income heads Causer & Read, both + rated by Citywire, will continue to have a broad remit in the new fund to invest in a range of bond classes, including investment grade.

Pimco gets support from CEO of parent Allianz

Allianz SE, defending its Pacific Investment Management Co. unit against shareholder criticism over declining returns and management infighting.

Nemesis to merge weak Europe fund into stellar global strategy

The European fund currently has £15.9 million of assets under management (AUM), while the global fund runs less than £5 million.

UK hedge fund industry booms despite wider slowdown in Europe

The majority of European hedge fund managers that have set up business over recent years have been in the UK

Old Mutual aims to launch high yield bond fund

Od Mutual said the fund will focus on higher yielding corporate bonds as a means to deliver a strong, regular income stream.

Artemis set to launch five US funds for ex-Threadneedle team

The funds will represent Artemis’ first step into North American equity investing.

Billionaire investor Boosts Investments In Greece

Many money managers believed that investing in Greek banks in the best opportunity

UK independent fund manager launches new Asian macro hedge fund

Said in a statement that the fund launch was the largest of its its kind in the region over the last 12 months

Norway Wealth Fund Wins Labor Backing to Buy New Asset Classes

The 53-year-old is the front-runner to become Labor Party leader to replace Jens Stoltenberg

Flexible bond managers up emerging market debt exposure

Bond fund managers with flexible mandates have started to shift money towards emerging market debt as this previously unloved asset class has started to show signs of attrative valuations.

Eiopa Launches Euwide Insurance Stress Test

The European Insurance and Occupational Pensions Authority launched today an EU*wide stress test for the insurance sector.

Generali to build London scheme after M&G signs on as tenant

Italy's largest insurer Generali has secured fund manager M&G as the first tenant for its 420 million pound London office development, allowing it to start construction of the 13-storey tower.

Multi-asset specialist ups UK reach with Pennine deal

The appointment comes after a review of the range by Pennine, which resulted in Premier Asset Management and Aria Capital Partner being removed from mandates.

L&G plays down annuity fears as it unveils record results

The insurer also welcomed the government’s capping of charges on auto-enrolment default funds at 75 basis points, saying it expects to benefit as it already run schemes with a cap of 50bps.

City Financial unveils Adviser Centre fund ratings service

Peter Toogood and Gill Hutchison set out to unearth new talent in fund management with free online research service.and Gill Hutchison set out to unearth new talent in fund management with free online research service.

Schroders hands Howard-Spink’s £1bn fund to Sym

Leon Howard-Spink will relinquish management of the Schroder European Alpha Plus fund from 1 June.

Hermes promises return to profitability this year

It has spent large sums on recruiting portfolio managers and sales staff

Aite Group predicts that the dawn of the FX TCA industry has just arrived

Aite Group conducted a survey with a representative sample of buy-side FX TCA customers around the globe regarding their views on the quality of FX TCA tools available as well as their outlook on the current state of the FX TCA industry.

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