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

State Street Increase STP with Calastone Deal

Calastone has announced that State Street Global Advisors has signed up to the network's order routing service for its range of UK and Luxembourg domiciled funds.

Ivy Investment Management to Adopt Selector Management Funds From EMG

Ivy will take over responsibility as investment adviser and distributor of the Selector Management Fund SICAV, an umbrella UCITS fund range domiciled in Luxembourg.

Baillie benefits from long-term approach

The decade of success at Edinburgh investment house Baillie Gifford has arguably been down to its partnership structure and lack of short-term commercial pressures.

Skandia autocall fund sets sights on returns of up to 42% over six years

Skandia International has launched a second issue of its Investec autocall linked fund

JPMAM to bring Global Allocation fund onshore

Group to bring multi-asset fund to UK audience after established track record in US achieved.

BNP Vets Ready Property Loan Hedge Fund

Verbeek was head of flow asset-backed securities and covered bond structuring at BNP

Man Group in talks to acquire Numeric Investors

Man Group, the British hedge fund manager, is in talks to buy Numeric Investors, a rival Boston-based fund management group, as it seeks to put to work a near $1bn cash pile.

Standard Life Investments total wage bill hits £169m

The total wage bill at Standard Life Investments has risen 28 per cent from £131.9 million

Horwath HTL appointed advisers and asset managers to new European hotel real estate fund

The fund has a remit to concentrate on hotel assets within the European markets and will be looking to invest in the region of 750 million Euros over the next two to three years.

Terry Smith to launch emerging markets trust

Reasons include the slowdown in China and last May's 'taper tantrum', when plans to scale back quantitative easing in the US were announced.

Tributes paid to fund manager killed in 1000-foot Cairngorms fall

Tributes have been paid to an Edinburgh fund manager who has died in a hillwalking accident

Fidelity cuts passive fund charges to lowest level

Fidelity Worldwide Investment has cut the charges on its index tracker range to the lowest ever level for UK retail investors, as competition among passive fund providers intensifies.

SocGen buys out minority holders in online broker

SocGen and Spain's Caixa Group now together own 95.9 percent in the group

UBS restricts ETF securities lending

BlackRock made a similar move in 2012, limiting securities lending in its iShares ETFs to 50 percent following clients’ concerns about exposure to counterparty risk.

RBS to Cut Hundreds of Jobs in U.S. Trading Businesses

Cuts to Come Over Next Few Months as Bank Seeks to Slim Down Ahead of New U.S. Regulations

Norwegian Sovereign Wealth Fund Sets Eye on Asia Real Estate Market

Norway’s $860 billion sovereign wealth fund is steering investments toward Asian real estate markets

Ex-BNP Paribas managing directors launch new hedge fund

Davies joined BNP Paribas after a two-year hiatus from the industry in February 2012

US boutique unveils Ucits-version of total return fund

It was designed mainly meet interest for the firm's existing Clark Capital Navigator Fixed Income Total Return Investment Solutions from Latin American investors. This fund was launched for US investors in 2005.

BlackRock pair cut industrials to tap European recovery

Citywire AA-rated fund managers Alice Gaskell and Andreas Zöllinger are finding opportunities in recovering European domestic markets.

Deutsche Asset & Wealth Management ponder UCITS version of recently launched DWS Strategic Equity Long/Short fund

Lord Abbett is now increasing its footprint as a global investment manager, building on its strong product competencies

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