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

Mercia contrite over small investors left out of £30m fundraising

Group needed money to buy two VCTs and allow Invesco and Woodford fund to cash out

Norway Wealth Fund CEO Says Successor Will Probably Be Norwegian

“It’s not very realistic that it won’t be a Norwegian,” he said. “Someone who’s able to say what this fund actually is, explain it in a simple way.”

ARA Asset Management sets up JV

Through the latest JV, ARA will be hoping it can leverage Venn’s specialty in European real estate private debt, which has built up a track record in areas including residential mortgages, commercial real estate, private rented sector guarantee sche

Meritz Sec buys Brussels building for $1.6 bn

Market observers saw the acquisition cost as too high for Meritz Securities

Bulgaria ups growth forecast to 3.6% in 2019: finance minister

Bulgaria, which has already pegged its lev currency to the euro, wants to join the euro zone’s obligatory two-year “waiting room”, the ERM-2 mechanism, in the spring of 2020.

Star manager’s fund plunges 60% in a year

About four-fifths of the fund is invested in tiny stocks listed on AIM, the junior market, which are traded less frequently than blue-chip stocks and get little coverage from analysts.

Dolfin Expands Product Offering to Include Gold in Portfolios

The investment universe available to Dolfin clients spans government bonds, corporate credit, equities, commodities and currencies via direct exposure to markets or the use of exchange traded funds, mutual funds, hedge funds, futures and options.

HSBC GAM agrees two new property deals worth USD363m

The property was offered to the clients of HSBC Private Banking as part of a Club Deal Programme, which aims to provide investors with access to prime real estate globally through a syndicated equity structure.

BGF Investment for Wine Brand Developer and Distributor

The investment was led for BGF by Alex Garfitt, Edwin Davies, James Skade and Hannah Waters.

Premier Miton launches multi-manager index fund

The fully diversified fund will add to the firm's multi manager range and will be managed by Wayne Nutland

Norway wealth fund sold properties in Munich, London

The fund sold a 25% stake in London’s West One Shopping Centre

Eaton Vance continues expansion with new Dublin office

The Dublin office will be led by Aidan Farrell, CEO and executive director, and Stephen Tilson, executive director and head of distribution, with additional staff members fulfilling reporting and support functions, the company said in a statement announci

New hedge fund launches fall to lowest level since 2008

The YTD launch total puts the industry on pace to fall below 500 new launches for 2019,

Aviva acquires Unesco-listed office block in Amsterdam

So far this year, Aviva Investors has completed four transactions in the country for its real assets business.

Fund industry fails to step forward to help life cos with CGT

Non-resident investors in UK property rich collective investment schemes face hefty tax liabilities

Banca Widiba to distribute Thematics Asset Management's funds

The management team consists of the above-named partners, specialised in global thematic investing, with a high-conviction, long-term approach and an emphasis on integrating Environmental, Social and Governance considerations throughout the investment dec

LendInvest fund sees 40% growth in assets

The firm has seen strong inflows in 2019, bucking a trend of uncertainty in the UK alternative lending industry.

Robeco scheme picks NN IP as fiduciary

Until now, selection and monitoring of asset managers has been carried out by Swiss-based firm Corestone, owned by Robeco until the end of 2018.

REYL & Cie acts as lead manager for Varia Europe’s capital increase on BX Swiss

REYL & Cie was involved in the management of the rights and share offering process, the book building, and also acted as paying agent for the transaction.

Pramerica SGR launches global bond strategy in Italy

The sub-fund uses a flexible investment strategy, not tied to benchmarks, which may include active management of duration, credit quality and positioning of the yield curve, as well as a selection of sectors and securities in order to identify the realiti

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