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

Guernsey QROPS Green Light Flexible Access

Guernsey Qualifying Recognised Overseas Pension Schemes (QROPS) are the latest to green light flexible access withdrawal rules from April 2015

Robus opens London office

It is anticipated that the office will provide a platform for continued business development in London and the rest of the UK

Qatar buys prime Milan property

Hines boss Manfredi Catella would not disclose how much QIA had paid

Thomas Miller Investment Signs Cornerstone to Model Portfolio Range

Thomas Miller Investment, a member of the 129 year old Thomas Miller Group of companies, has been appointed by Cornerstone to manage a new Multi Asset Portfolio (MAP) range.

Abu Dhabi kicks off £1.6bn bidding war for Claridges

A trio of London’s best-known hotels are facing a bidding war after a Middle Eastern sovereign wealth fund made a £1.6bn offer to take them over, in a move that could resolve an acrimonious dispute.

Barings rolls out strategic bond fund

The group has converted its £90m Global Bond trust into the Baring Strategic Bond fund to meet investor demand.

Abu Dhabi Investment Authority launches bid for Maybourne Hotel Group

Abu Dhabi Investment Authority has launched a £1.6 billion takeover bid for the Maybourne Hotel Group

Kuwait sovereign fund says cutting U.S. investments, raising Europe

The Kuwait Investment Office (KIO), the London branch office of sovereign wealth fund Kuwait Investment Authority (KIA), is gradually reducing its overweight stance on U.S. assets after keeping that position for seven years

Experienced Director To Share Her Journey To The BoardRoom

A NON-executive director on the boards of a number of London Stock Exchange companies is hoping to inspire the next generation of directors.

Deutsche Bank reviews €3bn stake in Chinese lender Hua Xia

Deutsche first bought into Hua Xia in 2006, at a time when many western lenders were keen to get access to the growth potential of the Chinese market.

London mayor expects ‘spacecraft full of bullion’ from Arabian Gulf to land in his city

There’s lots going on

Will Bitcoin Ever Be Minted by the Bank of England?

According to the discussion paper, although the digital currency remains volatile, the blockchain technology is promising

GLI Finance announces AIM listing

Guernsey-based GLI Finance (GLIF) has successfully completed an accelerated placing of £20 million on the Alternative Investment Market (AIM)

Barwood Capital launches UK regional real estate fund

The investment manager said the new vehicle would take advantage of the “positive arbitrage between primary and secondary assets” in the UK regions.

Activist Sherborne Renews Call For Change At Electra Private Equity (ALLISS)

Activist investor Sherborne Investors has renewed its efforts to influence matters at Electra Private Equity PLC with new proposals to make changes to the private equity investment trust's board and review options to increase shareholder value

Hedge Fund Exits Bet on Danish Krone After Pocketing Profits

LNG’s decision to sell isn’t a sign Denmark has won its battle against speculators

Brazier completes revamp of Investec UK Alpha

Simon Brazier has completed his overhaul of the £164m Investec UK Alpha fund, trimming positions in "expensive" cyclical stocks in favour of more globally diversified companies

Wells Fargo brings veteran's top US equity strategy to UK

The investment approach for the U.S. Select Equity Fund, a new sub-fund for the Luxembourg-domiciled Wells Fargo (Lux) Worldwide Fund, is a style-neutral, all-cap strategy.

Legg Mason in takeover talks with non-US targets

Legg Mason's chief executive Joe Sullivan said the firm is in talks to buy two businesses that are both not based in the US.

Aberdeen Asset Management to sponsor famous north-east festival

Organisers of a popular north-east boating festival have been given a boost after a securing a major sponsor for this year’s event

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