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

Threadneedle’s Colwell adds to Centrica in contrarian trade

The manager drew comparisons with the debate around AstraZeneca in 2012.

Third Point Takes 20% Stake In Greek Insurer Hellas Direct

The online car insurance business raised more than $20 million from investors in a primary fundraising and around $12 million in a second fundraising, when a few early backers cashed in on their investment.

The government’s new pension service has one fatal flaw

The UK government has launched its new Pension Wise service.

Miton's Anthony Rayner comments on market stress and the correlation of assets

How asset classes are behaving relative to their history (volatility) and relative to other asset classes (correlation) drives our understanding of the risk environment and underpins how we structure our multi asset portfolios.

L&G joins equity release sector following acquisition of Newlife

Its products are distributed through a panel of 700 intermediaries.

Alceda extands strategic partnership with Warburg

Alceda has extended its strategic partnership with MM Warburg Group (Warburg). Moving forward, Warburg will act as preferred partner for the administration and custody of Alceda’s funds.

First Names Group named in Top 25 Most Admired UK Companies 2015

It includes leading law firms, accountancy practices, independent financial advisers and trust companies in the wealth management sector.

UniCredit Offering Church Pawn Shop in $3 Billion Property Sale

Investment in commercial property in Italy rose 30 percent to 5 billion euros last year

Behind the scenes at Threadneedle’s merger and rebrand

The merger between Threadneedle Investments with Columbia did not happen overnight

Former Brewin investment director plans launch of fund firm

A former trust analyst and investment manager, between 1992 and 1999 he served as Brewin Dolphin investment director in Newcastle.

Jonathanfry and Easby Gale & Phillipson complete merger

The combined business will be called Gale and Phillipson and will be led by chief executive Phil Morris. Morris was previously managing director of Easby Gale & Phillipson.

Asset management CEOs bullish on revenues

The findings appear to fall in line with PwC’s recent white paper predicting global assets under management will exceed $100 trillion by 2020, up from $63.9 trillion in 2012.

Dutch group sells insurance arm to Chinese insurer

SNS Reaal, a troubled Dutch government owned bank and insurer, has agreed to sell its insurance arm to Anbang Insurance

Is Odey right on 'darkness and mist' for global economy?

We are in the first stage of this downturn

European hedge funds close at record pace as higher costs, poor returns bite

The trend in Europe comes after Eurkeahedge's European funds index rose just 0.7 percent in 2014

Chinese Firms Tiptoe Back Into Europe’s Battered Financial Sector

Smaller financial companies emerge as target for Chinese firms looking to diversify, take advantage of cheap prices

Uncertainty over extent to which AIFMD passport will be afforded to non-EU managers

Countries deemed non-equivalent could be those without a cooperation agreement with the EU or on a Financial Action Taskforce (FATF) blacklist

Wealth management firm acquires Essex-based Elliot Financial Management

“I am delighted to complete this deal. EFM is a perfect fit for us

Heritage Insurance named independent broker of the year

Heritage Insurance Brokersmanaging director, Grant Mitchenall, said the award was significant industry recognition.

Entropics cat bond fund opens with first investment from Movestic

With the investment in the SEF Entropics Cat Bond Fund Movestic will seek to provide their policy holders with a new source of risk adjusted returns which have a low-correlation with wider economic factors and financial markets through its asset allocatio

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