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

Baloise: German Business Pares Group Profit

Without the effect of adding to the reserves, Baloise's profit would have stood at 261.5 million francs.

MidEast buyers said to invest $11m in BBC’s former London home

The scheme is also planned to include cafes and restaurants, an independent cinema, 400,000 sq ft of premium office space and new outpost of private members’ club Soho House, complete with 47-room hotel.

US hedge fund Marathon makes Brexit bet on European property

Marathon, a $13bn US hedge fund, is building a big Brexit trade

Carlyle weighs withdrawal from hedge funds

Carlyle is weighing whether to withdraw from its hedge fund activities

An 88-year-old retail giant disappears from Britain's high street

One BHS customer described the BHS shut down as an "end of an era" during an interview with Sky News.

Thais snap up London flats

The number of apartments sold to Thai buyers has doubled since the Brexit vote.

Galway firm hired as contractor for Dublin 4 residential scheme

Chartered Land appoints JJ Rhatigan for scheme on site of former Berkeley Court

M&A firm to shut down Cayman holding company

Life company consolidator Phoenix Group plans to close its Cayman Islands holding company and set up a new operation in the UK.

Zenith Insurance to withdraw from Irish motor market

Gibraltar-based insurer to stop writing new business through Irish agents in February

L&G removes lifetime mortgage arrangement fees

Legal & General has also announced a further reduction to lifetime mortgage rates across its whole product range.

IFG sees Brexit impacting near-term growth rate

Adjusted operating profit up 31% in first half to £4.4m as revenues rise 16% to £39.9m

Catella Q2 income increased by 14%

The Group’s operating profit also increased sharply

This Knightsbridge flat a stone's throw from Buckingham Palace costs just £295k ... but there's a catch

The pint-sized 300sq/ft property, 450m from Harrods and just a short walk from Hyde Park and Buckingham Palace, has a living and sleeping area, modern bathroom and a kitchen.

The Woman Who Revived Russia’s Markets

The moves were painful for Russia’s economy, which went into a sharp recession as the value of the ruble slumped, reducing consumer and business purchasing power.

Moscow-Based Hedge Fund Manager Says Russia Getting Better

The negatives are well known, meaning they are already baked into the cake of Russia-based investment funds.

Ex-Montanaro pair launch 'low cost' boutique

The boutique is launching the VT Cape Wrath Focus fund, which will have a 0.3% annual management charge with other expenses capped at 0.15%.

Pru staff vote for industrial action over offshore annuities move

The action will come into effect from 31 August.

Profit falls 71% at Bob Diamond's Atlas Mara

Loan impairment charges for the interim period rose to $9.1 million from $6.1 million recorded a year ago.

Schroders revamps Asian bond chief’s fund as credit vehicle

Strategy to be US-denominated approach focused on regional credit

Damac signs £200m deal with Lendlease to build Versace-designed Aykon London One residential tower

Move indicates confidence in the economy post Brexit

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