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

Chinese business delegation to visit Jersey

China is the world’s second largest economy and it is important for the ongoing prosperity of the Island that we continue to build strong links between our two governments

Wells Fargo Asset Management is awarded two mandates for France’s biggest pension fund

Both mandates will be managed as separate accounts for a duration of four years with the option of a further year.

Ex-Marble Bar manager readies Mako backed European hedge fund

London-based Mako Global Investors is backing former Marble Bar Asset Management portfolio manager Christian Thum to launch a European equities-focused hedge fund in the fourth quarter

Axa Wealth to launch new restricted fund range

The restricted fund offering will be made up of around 80 to 100 active and passive funds chosen by Architas.

Skandia stops charging advice to offshore bonds

Skandia International has become the latest life company to stop charging advice to the annual 5% tax-free withdrawal on its offshore bonds.

Vanguard Mourns Loss of European Institutional Chief

Passive management giant Vanguard has announced the death of its European institutional sales chief, Simon Vanstone.

Al Gore Fund to Pour $30 Million Into Seventh Generation

Al Gore's investment fund is pouring $30 million into Seventh Generation Inc., the maker of eco-friendly household products, to help build a war chest for acquisitions.

Norway Sovereign Wealth Fund Spends $1.5 Billion on NY and Boston Properties

This puts the aggregate value of the properties at around US$ 4.06 billion. All the properties are Class A office towers.

TMF Custom House Fund Services Launches Depo Lite Platform

The new offering is an extension of TMF Custom House's existing regulation and compliance offerings

SL to close DB scheme to future accrual

Standard Life has announced it is closing its defined benefit scheme to future accrual from April 2016.

Schroders’ Stewart pulls back Scottish bank holdings

Bond manager Alix Stewart has sold out of some Scottish bank positions due to expected volatility created by the independence referendum.

Paris, Beijing work to boost French yuan investments

We would be happy to see, if needed, if we could increase France's 80-billion yuan quota

Hogan Lovells advises M&G Real Estate on £140m acquisition of Wragges office

According to Hogan Lovells, the building will also house 1,500 HS2 staff set to be based in the city from 2016.

UBS and Goldman Sachs left red-faced by AngloGold Ashanti $2.1bn float flop

Proposals for a new London-listed mining spin-off worth £3bn hit the dust yesterday, as shareholders at one of the world’s top gold miners revolted over a $2.1bn rights issue key to the massive restructuring.

Chenavari Capital Solutions Makes Fourth Primary Transaction

Chenavari Capital Solutions Ltd Monday said it has invested about GBP4.0 million in a very thick first-loss bilateral transaction referencing a book of leveraged loans financed by an unidentified bank, its fourth primary transaction.

L&G launches post-Budget drawdown fund

Members can drawdown according to their preferred time frame, subject to their individual scheme rules.

Anxious Scottish investors buying gold

Gold-buying by Scots shows 'dramatic increase' in the run-up to the referendum, according to the biggest online bullion market

UK timberland fund aimed at global pension funds

The fund is intended to give institutions the chance to invest in high-quality, well-located commercial plantations, taking advantage of current opportunities FIM has in the pipeline.

Hymans Robertson announces DC tie-up with Friends Life, L&G and Zurich

Hymans Robertson has announced a partnership with Friends Life, Legal & General and Zurich UK Life to deliver its Guided Outcomes defined contribution platform.

Maidstone firm Lark Group wins at UK Insurance Age Broker Awards

Lark Insurance Group has won the Private Client Broker of the Year award at the prestigious UK Insurance Age Broker Awards.

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