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

German bank agrees to back major rented housing scheme in Manchester

Building large-scale private rented sector development is still a relatively new concept for the UK.

Mid Europa sells Invitel to Chinese-backed fund

GCD adds that Invitel is Hungary’s second-largest fixed voice provider and fourth-largest fixed broadband operator by subscribers

Named: the best and worst funds of 2016

BlackRock vehicle for clients investing with sterling was worst-performing fund

Troubled binary options broker Banc de Binary renounces Cyprus license

The brokerage will remain under the CySEC’s supervision for a certain period of time until it settles its obligations arising from the investment services or/and activities that will lapse.

Jupiter Fund Management 2016 Inflows Reverse In Final Quarter

Overall, 2016 was positive for Jupiter

Kinstellar advises KBC Group on the EUR 610 million acquisition of United Bulgarian Bank and Interlease Leasing Company in Bulgaria

The acquisition would make KBC the biggest bank-insurance group in Bulgaria, in terms of assets

Moneymen With $50 Billion Heading Where Banks Fear to Tread

Direct lenders off ECB radar have more leeway to take risks

Erste Asset Management launches two new bond funds

Erste Short Term Bond Funds are favorably located between cash and bond funds.

UK govt’s new town plans open up opportunities for investors from Gulf

The Conservative Government has typically been in love with the idea of home ownership

Abu Dhabi's Aabar set to invest more in UniCredit's share sale

Sources say Aabar Investments is poised to buy more shares in Italian bank's upcoming $14bn offer

McQuaker takes over Fidelity multi-asset range

The increased flexibility of the Fidelity Multi Asset Open range, combined with wider support from the large and experienced multi asset team

Former Africa heads at Carlyle and KKR to set up regional investment firm

Firm to target investments of less than $100 mln in equity

Funding Circle announces £82m equity investment after record quarter

The new investment follows a bumper year for Funding Circle.

UniCredit to complete cash call in time for bond payouts

AT1 instruments convert into shares if a bank's core capital falls below a certain threshold and issuers can also cancel coupon payments at all times.

Luker Rowe buys Michael Moore Insurance Brokers

The acquisition of the broker, which has a GWP of around £1m, takes Luker Rowe's own GWP up to £16m a year.

Forecasts 2017 will be a shaky year for markets

He also pointed to the key indicators which suggest the world’s economy has been healing for some time.

German economy grows 1.9%

Buoyant jobs market and strong domestic demand drives fastest expansion in 5 years

Foxtons sounds the alarm over London’s property market after revenue fall

In their statement to the stock exchange this morning, Foxtons Chief Executive, Nic Budden, admitted that it expects the challenging market conditions to continue into 2017

Another record-breaking year for Simon-Kucher

Among other locations, new offices are set to be opened in Hong Kong and Shanghai.

Savills bolsters Channel Islands presence with commercial acquisition

The team of nine, who will all join Savills with immediate effect, is led by managing director Tony Rowbotham who has over 30 years experience in the industry.

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