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

Hedge Fund Startups in London Revive With New Managers

It’s the quality of the startup launches which has really stood out this year

Swiss trading firm Is Expected to Buy Only Part of JPMorgan’s Commodities Business

A rapidly growing Swiss trading firm, is expected to buy a smaller piece of JPMorgan Chase’s physical commodities business than originally expected when the deal closes, possibly as early as Friday

Old Mutual Wealth eyes D2C launch following Skandia rebrand

We’re more than just a platform now, which is good because I think you have to be more than a platform to survive

Chelverton launch UK Equity Growth Fund for James Baker

The duo will be amongst the most experienced teams available to investors in the IMA UK All Companies sector.

Euroclear’s international ETF structure is selected by State Street Global Advisors

We anticipate that the new international structure will alleviate many of the operational complexities

Relational Investors to relaunch fund under new management in 2015

The $6 billion firm plans to liquidate by the end of 2015 the current portfolio

Pictet Select-Global Long/Short Equity attracts EUR200m in first month

Pictet Select-Global Long/Short Equity has attracted close to EUR200 million in commitments since its launch on 29 August 2014.

Woodford fails to hit income target with new fund

Despite a very strong performance in total return terms since launch, the new fund launched in July by Neil Woodford won’t hit its own dividend target for this quarter

Anthony Hilton: Luck or judgment behind the fund stars?

Sir Brian Pitman, the man who ran Lloyds Bank when it was at the peak of its game in the 1990s, used to muse on the fact that financial services was the one part of the business world that had never had an industrial revolution.

Societe Generale mandated by Agence France Locale to process derivatives operations

These services are strengthened and complemented by Newedge’s expertise in execution and clearing, thus enabling Societe Generale to provide Agence France Locale with a single and totally integrated third-party market solution.

FPI launches new Reserve Portfolio Bond

Friends Provident International has launched a new version of its Reserve Portfolio Bond complete with two brand new charging structures.

China allows direct currency trading with euro

It said the move will "help lower currency conversion costs for economic entities"

BlackRock looks to boost tracker range

BlackRock is looking at bolstering its tracker range with the addition of three new funds.

Creating the right climate for green structured products

The advent of green bonds could finally make green indexes big, liquid and desirable. As the first 'fully green' structured product is launched, there is hope that support from governments and investors will help the sector grow

Old Mutual’s Ventre: Why past performance means nothing

The average first quartile fund from five years ago is now in the 47th percentile, Ventre says.

Deutsche Bank Said Close to Raising $634 Million for Fund

DB Private Equity & Private Markets, a division of Deutsche Asset & Wealth Management, plans to close its Access fund-of-funds pool with about 500 million euros ($634 million) by the end of the year, said the people, who asked not to be identified

Natixis Global Asset Management Launches Gateway Equity Call Premium Fund

The fund may invest in foreign securities traded in U.S. markets

RBC GAM launches new fund

The RBC Funds (Lux) - Asia Ex-Japan Fund will give investors exposure to the dynamic and growing economies and markets in Asia

London Metal Exhange hikes fees by a third

Charles Li, chief executive of HKEx said “An increased revenue stream for the LME will deliver better systems, more flexibility for users and more products tailored to meet the changing needs of market users.”

First Names Group acquires Seymour Trust in Jersey

First Names Group is delighted to confirm it has agreed terms to acquire Jersey trust and corporate services provider Seymour Trust Company Limited.

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