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

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.

Saudi, UAE and Egypt in focus at investment talks

This year’s conference sees some 200 fund managers from 117 institutions in Europe, the U.S., the Middle East and Africa

Delta Partners Emerging Markets TMT Growth Fund II Investing up to EUR10 Million Into Virgin Mobile Central and Eastern Europe

Delta Partners has approximately 200 employees operating from Barcelona, Bogota, Dubai, Johannesburg, Palo Alto and Singapore.

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