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

Norway's wealth fund hits NOK 8 trillion milestone

Under a recently revised fiscal rule, governments can spend 3 percent of the fund's value per year, corresponding to 240 billion crowns of the current size.

BlackRock raises €700m for fourth European property fund

BlackRock said it has also raised commitments from investors for co-investments alongside the fund.

Cofunds reports asset growth amid uncertain takeover period

While it quoted profit before tax of £11m, this included the transfer of IPS platform business from Legal and General to Cofunds.

Avignon Capital enters Dutch market with the acquisition of Amsterdam NH Hotel for €45m

The 4-star hotel covers 10,000 sqm and contains 213 guest rooms and 18 conference rooms.

Guy Hands' Terra Firma sells aircraft leasing investment to Dubai-based rival

Awas was formed in 2006 when Terra Firma and CPPIB bought the underlying business and later snapped up rival Pegasis in 2007.

Kennedy-Wilson Holdings Set to Acquire European Subsidiary

The company would be able to boost dividends by 12 percent following the transaction.

Evli Bank Plc's Interim Report 1-3/2017

The income from trading activities increased more than anticipated in the Group Operations segment.

Former CEO of Irish Stock Exchange Healy Dies

The exchange is now number one in the world for listed funds and number two for debt funds, according to local data.

Kempen launches structured credit fund

The DSCP is to target senior secured credit, student loans, and residential and commercial mortgages.

QIB-UK finances buy-to-live property deals in London

QIB-UK’s in-house property specialists, who have a long experience in the London property market and an in-depth knowledge of the current market trends, will be dedicated to support finding the right property quickly and conveniently

Jupiter Asset Management face backlash after proposed 50 per cent pay increase for CEO

The plan to cap bonuses was a good idea but when shareholders saw the 50 per cent pay rise there was a backlash

Luxembourg's Beacon Rail sold to institutional investors

The quality of the management team, relatively young fleet of assets and deep customer relationships provide an opportunity for growth and expansion.

Bloomberg and Bats Europe combine for MiFID II reporting

RHUB clients can use the Bats APA to fulfil equity and ‘equity-like’ trade reporting requirements and the Bloomberg APA for all other asset classes.

British hedge fund Man Group says first quarter assets up 10 percent

Positive investment performance added a further $2.2 billion, with long-only strategies contributing $1.9 billion and its alternatives strategies $400 million.

Aviva boss promises to slash prices AND let customers buy policies without filling out endless forms

This will mean offering customers policies without hounding them with questions first

Aegon under fire over repeated delays

Initially the EPP had to be assigned to the member.

Invesco pays £150m for stake in London shopping centre

The two deals bring to an end Land Securities and Delancey’s Metro Shopping Fund joint venture, created in 2004.

Vectura drops Deloitte for KPMG

British pharmaceuticals business Vectura Group plc has ended its ten-year audit relationship with Deloitte

Henderson Group - First Quarter 2017 Trading Statement

Aside from the one-off outflows that resulted from the merger-related restructuring of our Global Equities team, our Institutional business continues to see steady growth, with a healthy number of mandates funding since quarter end.

Tata Steel offers to pay £520m into UK pension scheme

The proposed £520m payment into the BSPS is intended to release a guarantee the scheme holds over some of Tata’s Dutch assets.

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