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

Charles Stanley to close several London offices

The ongoing net occupancy costs for the group’s London offices are expected to increase by around £1m per year from 2018.

Aviva pays £839m in protection claims during 2015

A further £303m was paid out to customers with critical illnesses and more than £35m went to customers with income protection policies to help meet their living costs when they have been unable to work.

Comgest takes 26 awards in 2016 Thomson Reuters Lipper Fund Awards

The Comgest Growth Asia strategy won five awards whilst the Comgest Growth Japan strategy received an impressive 13 awards.

Hargreaves Lansdown nets 7,000 Legg Mason ISA clients

Any eligible client which has not been transferred to Hargreaves Lansdown by 15 June 2016, or voluntarily redeemed as at 12pm on 30 June 2016, will be included in a bulk transfer to Hargreaves Lansdown.

Fortunes of one-stop shops linked to client cost

A big move in January saw pension and platform business AJ Bell snap up three investment firms to exert influence in asset management.

Barak sets up London office, eyes PE division

de Hennin went on to join Bunge Global Agribusiness in 2011, where he was accountable for investor relations, fundraising, strategy and product development for Bunge Asset Management.

Orange buys a bank

French telco aims to launch Orange Bank at start of 2017, having acquired a majority stake in Groupama Banque.

Manchester United and Swissquote Extend Global Partnership

The new deal reflects the ongoing success in the development of our global brand

Seilern wins best equity manager in Europe

These awards can be attributed to Seilern’s highly focused strategy; commitment to investing in quality growth businesses and holding them through the business cycle.

CMS advises Savills on sale of EUR 320 million retail portfolio to Patrizia

The transaction was worth EUR 320 million and took the form of a share deal.

Gam launches next generation of multi asset solutions with target return range

The Target Return team of eight investment managers and risk managers are supported by a further 11 investment professionals from GAM’s specialist Multi Asset Class Solutions team based across London, Zurich and Milan. With USD 11.9 billion assets u

Ellipsis Asset Management selects SGSS for Master-Feeder Services

The framework allows asset managers to pool assets and to mutualize the management of funds domiciled in different countries of the European Economic Area.

Heritage welcomes MFSA’s framework for Notified AIFs

Under the proposals published by the MFSA on 1 April 2016, full responsibility for the management of the Notified AIF will fall on the authorised and regulated Alternative Investment Fund Manager.

Former Canyon Capital analyst preps $150 mln credit hedge fund -sources

She joins a growing number of high-profile women launching their own funds, among them Paulson & Co. partner Samantha Greenberg and Lone Pine-backed senior analyst Ran Li.

Chilean investor who disappeared amid controversy is in Malta - media

Onix Capital promised investors sky-high returns with some clients even guaranteed annual returns of up to 36 per cent.

Lansdowne Partners Nixes CEO Role in Restructuring

The firm’s flagship developed markets fund was down nearly 8% year to date through the first week of April, according to a report by the U.K.’s Sky News.

UK asset manager buys private equity firm to tap Silicon Valley growth

The firm makes both direct company venture capital investments, where it leverages its network of global relationships to help create value for its portfolio companies, and indirect company investments by investing in venture capital and private equity fu

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