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

Deutsche property arm reaches record €3.6bn transactions in 2014

Deutsche Asset & Wealth Management, part of Germany's giant Deutsche Bank group, bought and sold a record €3.6bn of real estate in 2014

Foreign investors in red-hot London property market force locals out

Commercial and residential property in London has become a popular safe haven for investors from places such as Russia, China and southern Europe as a result of the financial crisis, and office prices have bounced back strongly from the lows.

Threadneedle to rebrand on major investment merger

Threadneedle Investments is to rebrand following the merger of its investment capabilities with US-based sister company Columbia Management.

Lloyds Arm To Make An Exhibition Of NEC Group

The bank's private equity arm is to take over one of the UK's most prominent exhibition and events groups, Sky News learns.

HSS Hire plans IPO of £103m on London Stock Exchange

British tool and equipment hire company HSS Hire has announced its intention to list on the London Stock Exchange next month.

Charles Taylor to acquire Scottish Widows International, Jersey

It is intended that SWIL will be re-domiciled from Jersey to the Isle of Man following the acquisition and that its policies

Sparkasse Bank Blocks All Bitcoin Related Bank Transfers

German bank Sparkasse is blocking any incoming and outgoing bank transfers related to cryptocurrency since a few days, Cryptoarticles reports.

Impax Posts Rise In Assets Under Management In First Quarter Quarter

Impax Asset Management Group PLC on Friday posted a rise in assets under management in the final three months of 2014, its financial first quarter, boosted by inflows into third-party listed equity funds.

LME boosts outreach strategy with new education offering

The London Metal Exchange (LME) today announces a new education offering for market participants as it focuses on greater market engagement to expand the business globally.

Standard Life Wealth expands MPS after Newton integration

Standard Life Wealth is broadening its proposition with the launch of a Conventional Managed Portfolio Service

Bank holds rates at record 0.5% low

UK is heading for six years of rates at the historic low of 0.5% after they were slashed in March 2009.

Aberdeen Asset Management buys Glasgow office development in £27m deal

Aberdeen Asset Management has acquired a 73,000 sq ft office development in St Vincent Street in Glasgow in a deal worth around £27 million.

Reconciliation Specialists Watson Wheatley Sign London Hedge Fund

We believe that the combination of rapid data aggregation, an accounting framework and our unique total equity calculation are playing a major role in growing our client base” commented Director Duncan Wheatley.

Ex-Moore Capital manager Findley's hedge fund Bramshott to close

The Bramshott Europe Fund bets on rising and falling prices in regional equities. It was spun out of Moore Capital in May 2011 and managed about $425 million in October last year, a letter to investors obtained by Reuters showed

US boutique teams up with BofA Merrill Lynch for Alt Ucits launch

The fund was formally added to the Merrill Lynch Investment Solutions platform

Acappella launching third-party capital re/insurance fund manager

Acappella Group Holdings was funded by broker Willis Group and Bermuda insurance business Ironshore

Brit launches Bermuda SPV for catastrophe capacity

Speciality insurer Brit has created a new special purpose vehicle to provide capacity support for its property treaty portfolio for 2015.

Web 2.0 bank Fidor to open US outpost; UK launch "in final stages"

Innovative German bank Fidor is preparing to launch in the US after signing a partnership agreement with an undisclosed local bank.

Morningstar unveils real return DFM portfolios

Morningstar OBSR Managed Portfolios has launched a range of discretionary real return multi-asset strategies, expanding its young UK DFM service.

Berenberg, BayernLB to Join Forces in Investment Banking

Berenberg Bank and BayernLB are teaming up in the area of corporate finance, aiming to profit from a wave of expected mergers and acquisitions in the coming years.

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