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

Cofunds extends Pension Account to self-directed investors

Cofunds has extended its Cofunds Pension Account to self-directed investors to meet a growing need in current market conditions that has developed over the last few years.

LME wins bid for provision of London Platinum and Palladium Prices

The London Metal Exchange (LME) today announces its appointment by the London Platinum and Palladium Fixing Company Limited (LPPFCL) to be the new provider of London Platinum and Palladium Prices.

The Securities Commission of The Bahamas signs agreement with French regulator

The Securities Commission of The Bahamas has signed an agreement to allow alternative investment fund managers to market or to perform fund management activities in markets supervised by co-signatory European securities regulators.

GLG Said to Pick Mason to Manage European Equity Hedge Fund

GLG’s European Long-Short Fund is down 6.4 percent so far this year after rising more than 7 percent in 2013.

UK opens sovereign offshore renminbi market

The United Kingdom priced the first non-Chinese sovereign offshore renminbi bond on Tuesday, in a move that points to the currency's growing global appeal and the UK's desire for London to be the major offshore renminbi hub.

Hargreaves shelves bank plans but eyes your cash

While around £4 billion of Hargreaves Lansdown's £47 billion assets are in cash, that is made up of pensions being drawn down and money yet to be invested, generating little in the way of interest.

Nicola Horlick: Heard of crowdfunding? Entrepreneurs certainly have

Seventy-five entrepreneurs met in Sheffield this week at an event organized by law firm Irwin Mitchell.

Gibraltar to launch its first stock exchange next month

In a statement, GSX said it has already received "keen interest" from a number of applicants.

Biggest German Public Pension Likes Buyout, Hedge Funds

Germany’s biggest public pension fund plans to invest more in private equity and hedge funds and reduce its bond holdings as low interest rates curb returns.

Is now a good time to buy French property?

One minute briefing: Record low mortgage rates are drawing investors in, but are prices still too high? Read our briefing and vote in the poll

Clearstream opens office in Cork to boost hedge fund processing business

Clearstream is opening its new office in Cork, Ireland this week, following the company’s acquisition of Citco’s hedge fund sub-custody business for financial institutions in April 2014.

Malta’s PIF regime proves popular with non-EU managers

They did a great job

Former Lazard banker looks to African adventure

Ken Costa, the former chairman of Lazard International who was previously one of the City of London’s best-known rainmakers, is in talks to launch a fund focused on deals in Africa

US hedge fund Elliott Advisors pays unnamed London executive £38m

Elliott’s UK division paid only £1.3m in corporate tax last year, less than the average £1.35m paid to its 53 employees

European tool to out ‘closet index trackers'

European funds that charge high fees for active management but which, in reality, resemble low-cost index funds are at risk of being exposed by an online tool being developed by a group that represents more than 60,000 Swedish retail investors.

Ignis Integration Update from Standard Life Investments

“The acquisition of Ignis Asset Management is another step in Standard Life Investments’ growth story, deepening our investment capabilities, broadening our third party client base and strengthening our strategic position.

Advisers rush to save £800m banking float

Challenger bank Aldermore is locked in a race against time to get its stock market flotation away, as it battles to offload shares to US investors and include existing shareholders in the free float of the business

Italy on Sale to Chinese Investors as Recession Bites

While Italian stores turn to the local Chinese community, the country’s largest companies are seeking investments directly from the Asian giant

OMGI appoints specialists to replace Henderson on EM mandate

The emerging market ex-Asia mandates form part of the £1.2bn Old Mutual Voyager Global Dynamic Equity fund, managed by François Zagamé.

GLI Finance To Invest GBP1 Million In UK Bond Network

GLI Finance shares were early Monday up 0.3% at 56.90 pence.

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