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

Aberdeen cuts price discount on suspended property fund

Aberdeen says it will continue to review pricing regularly, depending on market outlooks.

AJ Bell launches model portfolio range

The firm recently said it had no plans of getting into full active management as it is not its expertise.

Jackson overhauls flagship Miton fund after 'Brexit'

In the days following the referendum the fund plunged around 15%, and despite rallying in the rebound that followed, it remains 6.7% down this year.

UK peer-to-peer lender is looking for investors from the UAE

The average investment for an individual is just short of £5,000.

Zurich UK life profits jump to £63m following restructure

After a revealing these plans, Zurich UK Life has today published results for the first six months of 2016.

Cofunds to offer investment trusts following Aegon deal

This could revolutionise the distribution of investment trusts, a £149 billion sector that has struggled to make inroads to the wider IFA market.

Insurer Prudential mulls shifting funds to Dublin or Luxembourg

Shift to maintain access to the EU’s single market after Britain’s vote to leave the bloc

Alliance Trust Savings returns to profit after Stocktrade acquisition

Assets under administration rose from £8.5bn at 31 December 2015 to £12bn at 30 June 2016.

Aviva warns property fund withdrawal bars could last until 2017

Asset manager says ‘gating’ investors may be long-term measure

UK government bonds turn negative and extend historic rally

Bank of England falls short of target to buy more than £1 billion of long-dated debt

Development Bank Of Japan Launches New Programme On Luxembourg Stock

The development bank also plans to support regeneration projects and strengthen its financial safety net.

Hedge Funds Face New Blow as $83 Billion Investor Opts for DIY

Most pension funds and insurers rely on third-party fund managers to handle their investments in alternative assets.

Royal London will not add CIC to its relevant life plans

There may be no tangible tax benefit to the employer or the employee and this could potentially leave the employee liable to a benefit in kind tax liability on any premiums paid.

GCC Equity Fund Attracts EU Investors

The hurdles investors face investing in the region and what he finds attractive in Saudi Arabia and the U.A.E.

Pillarstone completes acquisition of Sirti - report

A new agreement was also reached with a further seven banks for a further tranche of Sirti's debts totalling EUR 37 million

Former Deloitte chief and private equity house plot challenger to big four accountancy firms

He is working on the project with private equity house HG Capital.

F&C's UK Property fund moves to mid-pricing amid positive flows

Other property funds remain suspended

Mediatrix Capital and Alternative Asset Management enter partnership to utilize AI-based algorithms on global currency trading

The overall objective is to deliver absolute returns within a carefully risk assessed and controlled environment.

Icelandic advisory firm GAMMA gains FCA authorisation

GAMMA said it had long sought to expand its business in the UK.

The Bank of England has a big problem

This is despite offering much higher than market rate, according to the Financial Times.

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