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

Hedge Funds Are Shuttered as Investors Go With Europe's Big Guns

About 75 percent of the 294 European funds that closed last year managed $150 million or less, according to industry tracker Eurekahedge.

Boris Johnson urged to disinvest from bank linked to Saudi regime

Lib Dem leader Tim Farron calls on London mayor to put principle before profit and pull £100m of Greater London Authority funds from Saudi Riyad Bank

L&G considers selling its Dutch retail unit

Sale would mark the latest retreat from Europe as the big insurers revamp their businesses

Ex-Sainsbury's boss backs his own members' club

The cash will go towards opening a new site in London’s St James

Brookfield and KIC buy Berlin real estate

Brookfield Property Partners is the listed real estate business of Brookfield Asset Management, the global alternative asset group with more than $225bn under management.

Electra strikes £325m deal to buy Grainger Retirement Solutions

The acquisition subsequently brings a portfolio of more than 3,500 properties and 20 staff under Electra’s remit.

Man GLG adds 2 asset managers to long/short equity team

The pair worked together as portfolio managers in Moore Capital Management’s London office.

Insurance giants experience rough day on the London stock market

New estimates suggest cost of flooding disaster could be up to £5.8billion

Standard Life gets FIPB nod to raise stake in HDFC Life to 35%

The foreign insurer will pay Rs 1,705 cr for the additional 9% stake, valuing the company at Rs 18,951 cr

Aberdeen Asset Management reflects on £100,000 donated during 2015

Aberdeen Asset Management Charitable Foundation has donated more that £100,000 to a host of worthy causes in Scotland in 2015.

ROI Land Investments Bolsters German Operations

As part of their international growth strategy, ROI has opened an office in Stuttgart that will serve as a hub for its German operations.

Russia may extend National Wealth Fund deposits in VEB for 5 years

The ministry also suggested that the government should extend the Fund's deposits in VEB at an interest rate of no less than 0.25 percent

Aviva's Munro - waking the multi-asset giant

For almost two years Euan Munro has been reshaping Aviva Investors, putting its multi-strategy funds at the forefront of an outcome-oriented approach that is ringing the changes.

Hargreaves Lansdown: Why the FTSE 250 could be a prudent investment for 2016

The FTSE 250 is an index of medium and small cap UK shares.

UK's biggest care home operator sells £20m of assets to US hedge fund

Sell-off comes amid national care home crisis with councils unable to find funds to house thousands of elderly residents

Knightsbridge Home Prices Drop Most in Central London on Tax

The decline compares with an overall gain of 1 percent for the 14 districts that make up prime central London

Theo Osborne's fund wants to turn crowdfunders into venture capitalists

With its new portal, Force Over Mass wants to create a new class of investors and eventually build a secondary market for trading in early-stage companies

Legal & General to battle with Rothesay Life for Aegon's £9bn annuity book

Ratings agency Moody's had issued a warning this year that companies in this industry such as Aegon and Scottish Widows, which lack a "differentiating asset management proposition", were "vulnerable to margin pressures".

Bank Of America To Obtain Clearing Membership With Moscow Exchange's FX Market

Moscow Exchange began offering general clearing membership for FX Market participants from 1 December 2014.

Specialist asset manager buys private equity funds investment business

ICG said the private equity funds investment business is complementary to its expertise in investing in private markets

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