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

Fidelity quits Buffett and Dimon’s ‘code of best practice’ group

The secret summits, understood to have initially been arranged by Dimon and Buffettand thereafter led by Dimon, have been ongoing for months, the FT revealed in February.

Delta Lloyd to Raise $226M with Sale of Stake in Van Lanschot

Delta Lloyd NV may raise as much as 198.4 million euros ($226 million) through the sale of its stake in wealth manager Van Lanschot

Qatari royal family set to acquire substantial stake in Eir

Move would afford Eir vital breather to continue restoring revenues before flotation

Delta Lloyd to Raise $226M with Sale of Stake in Van Lanschot

Delta Lloyd NV may raise as much as 198.4 million euros ($226 million) through the sale of its stake in wealth manager Van Lanschot

RWC Partners Confirms Inception of Asia Long/Short UCITS Fund

The team currently manages over $1.7bn in long-only and long/short emerging, frontier and Asia equity funds.

Partners Group in Talks to Buy French Property Firm Foncia

The owners aimed to raise more than 2 billion euros from the sale, French newspaper Les Echos reported in March.

SGSS in Luxembourg mandated by Bedrock for cross-border fund distribution

UCITS V compliant, 20UGS FUNDS is available in 4 countries in Europe and represents a total in assets of 230 million euros.

Cyrus Successfully Closes Fundraising

The new funds from Cyrus Precision Engineering 2 permit the manager to continue to make further attractive investments in this niche sector with the aim to sell the investee companies after 3 years to a single trade buyer at a premium.

Monks Investment Trust posts negative return for the year

At this year’s Annual General Meeting the authority of shareholders is being sought to enable the Company to re-sell shares held in Treasury

Zyfin Launches World's First Turkish Sovereign Laddered Bond ETF

Rising interest among domestic and international investors in the Turkish domestic debt markets has led to enhanced liquidity and strength in Turkish sovereign bonds.

Schroders launches first global multi credit fund

Some investors are seeking to de-risk their portfolios while asking their bond investments to work much harder to generate returns

Openwork to offer high net worth mortgage service

Openwork, which has seen mortgage lending soar almost 50 per cent year-to-date compared to the same period last year, is aiming to lend more than £10bn in 2016.

Axis Bank launches India's first certified green bond at London Stock Exchange

One of India's leading private sector capital markets banks opened trading at the London Stock Exchange with the bond, which is certified by the Climate.

Kames launches global diversified growth fund

Its base currency will be euro but there will also be US dollar, Sterling, Swiss franc and Swedish krona share classes.

Moore Capital is losing former SAC Capital portfolio managers as Point72 builds in London

Of the SAC investment team who joined Moore Capital in February 2014, three have already returned to Point72.

AJ Bell carries out share trade via Facebook

A total of £500 worth of Facebook shares were purchased.

Asteroid, Asteroid Mining, space mining Luxembourg Allots $223 Million Fund For Space Mining Ventures

Schneider says Luxembourg is looking to be included in the top 10 countries in the world with a prosperous space industry.

Inside McKinsey’s private hedge fund

McKinsey quietly runs an investment arm for partners but experts warn of conflicts of interest

Fund costs cut for thousands of M&G investors - but experts warn of admin headaches

Price reductions depend on the type of fund but will typically be half a percentage point.

Italy export credit agency plans Islamic finance push

Around a quarter of banking business in the six-nation Gulf Cooperation Council is sharia-compliant.

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