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

Offshore bonds to benefit from permanent non-dom abolition

The life industry has recommended offshore bonds to those facing UK tax on their foreign income, following the abolition of permanent non-dom status in yesterday’s Budget.

Derek Quinlan: I miss Ireland every day

Boom-time financier Derek Quinlan claims he misses Ireland every day after going into exile to cut his tax bill.

Standard Life reveals advice arm’s investment proposition

For clients who hold existing investments or products, we will consider these when advising them on their financial plan.

7IM makes ‘risk-reduction move’ into US Treasuries

They have also got a decent real yield in the context of the zero-rate world

BBVA to boost investment in European financial technology

BBVA is one of the few banks expected to benefit the most from a broader shift to mobile and digital banking.

Man Group manager says hedge funds reducing risk over Greece

Chris Huggins, the manager of Man Group’s GLG Cross Asset Value Offshore told Bloomberg News in a telephone interview.

Fund manager Ashmore sheds $2.2 bln in assets in Q4

Ashmore said quarterly outflows were mostly influenced by a small number of relatively large and lower revenue margin redemptions in blended debt and equities

Rebel investor Edward Bramson spared making bid for Electra

Activist shareholder crosses the 30pc threshold of private equity firm Electra, but escapes being forced to make a bid

Advanced Markets onboards UBS as prime broker

“We are pleased to partner with UBS, one of the industry’s premier bank prime brokers, to strengthen our market position” – Anthony Brocco, Chairman, Advanced Markets Ltd

Ruffer: what happens when this house of cards comes down?

Global asset markets are moving with a dangerous level of correlation and will ‘fall fast’ if exposed to unforeseen shock, Ruffer Investment Company has warned in its monthly update.

New savings account is protected by FSCS up to £225,000 – how?

A new savings account pays 1.73pc and protects deposits of up to three times the amount normally covered by the official compensation scheme

Port of Antwerp Hones in on "One Belt One Road"

The Port Authority of Antwerp is setting up a special taskforce to investigate cooperation as.Antwerp has the potential to play a significant role in both routes as a major trading hub.

London loses golden touch as China’s build-up of bullion continues apace

The benchmark price of dollar gold is set in London twice daily via an auction process

PGE likely to receive $526m loan from EIB for investment in Polish energy sector

The European Investment Bank is negotiating with Polish power producer PGE to lend more than $526m to help fund the company’s investments plan in energy sector.

Llorenta & Cuenca Secures €6 Million In Private Equity Funding

Llorente & Cuenca has secured €6.35 million in funding from French private equity firm MBO Partenaires

Damac in London tie-up with fashion label Versace

Damac Properties is believed to be in advanced talks with Italian fashion house Versace over a branding partnership at the developer's first UK residential scheme.

EI Sturdza Investment Funds Launches The European Smaller Companies Fund

Bertrand Faure has been managing European equities since 2002

Fund Forum 2015 : the digitalisation challenge

These are some of the trends that have been discussed at the Fund Forum 2015 in Monaco, gathering over 1,000 people from 29 June to 2 July.

Wick Hill Deal Paves The Way for Further Growth And International Expansion

The deal will allow Wick Hill to grow further in the UK and Germany, as well as giving it a major opportunity to expand into Europe and the Middle East.

Saudi sovereign fund to invest $10bn in Russia

Saudi Arabia’s sovereign wealth fund has agreed to invest $10bn in Russia, in a powerful sign of the rapprochement between Moscow and Riyadh.

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