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

Standard wins Woodford discount despite Cofunds' claim

Standard Life has secured Neil Woodford’s new fund at a discount, dismissing claims from rival Cofunds that this was only available to platforms which could ‘guarantee distribution’.

Report slams ‘murky world' of DFM pricing

The difference is also marked at other price points

The Children's Investment Fund Partner Departs for Rival Hedge Fund

Last year TCI's flagship fund gained 47% and in the first quarter of this year it rose just over 3%.

Ascentric cuts Sipp fees ahead of drawdown price review

All other charges are unchanged, although Ascentric says it will review its income drawdown fees following Budget changes that are expected to boost the market.

Dutch insurer picks Northern Trust to manage €400m portfolio

Dutch health insurer Menzis has picked Northern Trust's asset management arm to manage its €400m passive equity portfolio.

Selftrade seals deal to sell business and leave UK

Embattled online stockbroker Selftrade has sealed a deal to sell its business to outsourcing company Equiniti.

World’s Biggest Wealth Fund Escapes Flash Boys in IEX Dark Pool

Norway’s $880 billion sovereign wealth fund, the world’s largest, is throwing its support behind Brad Katsuyama’s new exchange.

Man Group Retreats From Fund-Seeding Arenaq

Man Group is winding down its hedge fund-seeding business.

Credit Suisse Said to Plan $950 Million German Property Sale

Some of the 20 properties being sold are held by Credit Suisse’s CS Euroreal fund and include the German headquarters of Royal Philips NV in Hamburg, one of the people said.

UK gets largest ethical investment business as Gaeia and Barchester Green join forces

Gaeia director Olivia Bowen described the deal as a “natural coming together”.

Singapore-based Irish property firm raises €17.5m

Irish-owned Singapore property investment company Fine Grain Property has just racked up a war chest of 30 million Singapore dollars in a fundraising round, and the first stage of investment will be to build a 300-room Premier Inn hotel in the city state.

Aviva Investors to close Fitzgerald and Green funds after redemptions

Winding up the two funds will also avoid any crossover when the group launches its own version of GARS later this year.

UK Should Expect To See Rise In Activist Hedge Fund Activities

Hedge fund manager's reputation is important, as both corporations and institutional investors listening more often

Hot topics to take centre stage at Guernsey ILS event in Zurich

The pressing issues within the Insurance Linked Securities (ILS) sector will take centre stage at a Guernsey Finance-hosted thought leadership event in Zurich next month.

DeAWM partners with Ivory IM for fund launch

Deutsche Asset & Wealth Management has partnered with Ivory Asset Management to launch a US equity fund.

Calastone backs fourth funds industry charity five-a-side tournament

Children in Crisis works hard to help children get a better start in life that they deserve.

Hedge fund giants secure grip on industry despite lagging returns

Young funds had the highest cumulative return from January 2003 to December 2013

Barclays enters top 20 biggest broker rankings

The group also did well on the financial advisory front

New-look Aviva eyes product launches

Aviva Investors is planning launches in residential property, multi-asset fixed income and emerging market debt as it refocuses its business.

Mirabaud launches global income fund for new recruit

Mirabaud Asset Management has launched a Global Equity High Income fund for new recruit Kirill Pyshkin.

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