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

Columbia Threadneedle kicks off Luxembourg expansion with offshore UK income fund

SICAV structure provides us with a vehicle to broaden our distribution and give investors access to an established and market-leading investment team

BlackRock and Aberdeen agree to cut trust charges

BlackRock Latin American and Aberdeen Private Equity join line of investment trusts negotiating lower fees with their fund managers.

2015 Financial Results see Cofunds increase net cash generated

After adjustments for the capitalisation of development investment for RDR made several years ago and other similar fixed asset investments, profit before taxation was £73k (2014: £7.7m).

EU unveils plan to boost investment in Africa and the EU’s Neighbourhood

This will contribute to implementing the 2030 Agenda on Sustainable Development Goals and the Addis Agenda on Financing for Development.

Bank of England extends QE to overseas firms

The Bank said earlier this year, however, that it would expand its asset purchases to £10bn of bonds issued by private companies

Columbia Threadneedle lifts UK property fund suspension

Group says Brexit effects taking longer to feed through to real estate market

Embark chief predicts battle of costs on horizon

Speaking to FTAdviser, the CEO of the parent company behind Sipp providers Rowanmoor and Hornbuckle, said: “I think the next two years will just be a battle of total expense ratio.

Henderson UK Alpha Fund research update

The fund’s exposure to these areas, as well as the financials sector, dragged on returns.

Russian Companies Line Up Eurobonds as UBS Sees Dozen New Sales

The mandate comes days after private lender Bank Otkritie started investor meetings in Europe and Asia for an offering of as much as $700 million of debt, while O1 Properties is planning a debut deal.

Profits and revenues up at accountancy giant

We also saw strong growth in our listed and private business segments.

Vanguard flexes its low-cost muscles in Europe

The asset manager continues to steal business from its continental rivals

Hedge funds offer fee cuts and clawbacks

Hedge funds are cutting fees for long-term investors and giving back money to pension funds if returns decline

Eris Exchange opens London office; commences hiring spree

He most recently was Head of Agency Derivative Services, and was responsible for the global futures, OTC clearing and FX prime brokerage businesses.

This hedge fund keeps on hiring FICC traders from investment banks

Capula has just hired Filippo Fiori

Enness Private Clients launches bridging arm

Enness Bridging Finance will give brokers access to a full lender panel which Enness says will not be ‘restricted or biased by special deals or relationships’.

OMGI to merge income fund into Generation range

The Cerilium fund has an ongoing charges figure of 1.24 per cent while the Generation vehicle charges 1.18 per cent.

Russian state banks get on the Islamic finance bandwagon

In this context, the Islamic finance industry seems to be a good playing field for Russia to recoup its previous economic strength.

RBS and Nationwide tap cheaper funding in dollars

Royal Bank of Scotland and Nationwide Building Society LSE: NBS.L - made cost savings by issuing US dollar bonds that were met with strong investor demand

Woodford-managed fund hits £100m

Neil Woodford, has reached more than £100m in its six months since launch

Prudential launches online TV channel to support advisers

Prudential is expanding its support for advisers with the launch of Knowledge TV

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