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

Royal Bank of Scotland to shut Australia fixed income trading desk

Some of the affected FICC traders would be given a chance to relocate to RBS trading desks in Singapore and London.

Hedge fund assets may hit $2.1 trillion in 2012: survey

The survey, which covered more than 600 institutional investors representing $1.04 trillion of hedge fund assets, found that investors expect their hedge fund portfolios to return 8.6 percent in 2012, down from 11 percent last year.

Quintain buys west end property fund manager

It has bought Grafton Advisors for £5.75 million which increases Quintain's assets under management to £2.3 billion.

Baillie Gifford appoints Kii Hub for KIID solution

Asset managers already using the Kii Hub solution include Aberdeen Asset Management, Jupiter Investment Management Group, Ignis Asset Management, Martin Currie Investment Management and Neptune Investment Management.

Horlick launches EIS investment business‎

The business will be managed by Gary Robins, former founder of investor network Hotbed, and Matt Taylor, ex-senior partner at Foresight Group.

Estate agent Connells invests in fund management group

Connells has backed Hearthstone ahead of the launch of its first PAIF, focused on residential property.

Ingenious acquires £30m Optima funds

The Optima Managed Funds Division formed part of TBA’s advisory arm, Optima Financial.

Grosvenor plans to raise $492m to invest in Japanese real estate

The new fund will finance about half of the assets with loans, a ratio that will allow it to buy as much as 100 billion yen of properties, he said.

Bigger is better in the hedge fund industry - survey

Half of the investors surveyed had more than $1bn in hedge funds, double the number in 2004, while 44 per cent said they invested with hedge funds that had more than $1bn in assets.

Schroders to launch European Total Return fund

Schroders will launch an offshore fund targeting European equities for one of its new recruits next month.

Prudential may move headquarters to Hong Kong

Britain's largest insurance company, Prudential, is considering moving its headquarters to Hong Kong.

The evolution of the intelligent ETF

It’s becoming a well-worn debate, with commentators on each side of the active versus passive argument having to contend with a number of curveballs lately.

Insider ‘blows lid off’ the hedge fund world

Simon Lack’s new book, The Hedge Fund Miracle, claims to “blow the lid off” the secret world of hedge funds, where little or no regulation, excessive fees and a crowded industry have left investors with poor returns.

Deutsche Bank Publishes Tenth Annual Alternative Investment Survey

Deutsche Bank today announced the results of its tenth annual Alternative Investment Survey, which was conducted in December 2011 by the Bank's Global Prime Finance business.

Deutsche Bank Publishes Tenth Annual Alternative Investment Survey

Deutsche Bank today announced the results of its tenth annual Alternative Investment Survey, which was conducted in December 2011 by the Bank's Global Prime Finance business.

EU governments back new rules on short selling, CDS

The new legislation "introduces common EU transparency requirements and harmonizes the powers that regulators may use in exceptional situations where there is a serious threat to financial stability," the Council of the EU, where representative

Axa IM sees profits jump as AUM falls

However, the asset manager was able to grow profits by more than 10% over the same period.

Capita takes £17.9m hit over Arch cru‎

Capita has taken a £17.9m hit in costs in its 2011 results following the collapse of the Arch cru fund range.

Ashmore treading water

Average management fee revenue margins did decline from 86 to 76 basis points, but this was down to a change in theme and client mix.

Alpcot Capital Management launches Europe's first actively managed equity ETF

The physically-backed fund Alpcot Active Greater Russia aims to achieve long-term capital appreciation through investing in the securities of issuers based in the 'Greater Russia' region, i.e. Russia and other CIS region states.

Alternative Investments