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

Woodford unveils bearish portfolio with a nod to UK universities

Woodford believes these two sectors will be resilient in a weakening economic environment and have companies with strong balance sheets and attractive valuations.

Zurich plans to invest $2bn in green bonds as sector grows

Cecilia Reyes, chief investment officer of Zurich, which is one of the biggest players in the nascent market for green bonds, said the instruments were well-matched with the insurer’s investment strategy.

City of London profits fall almost 20%

It noted that it was reviewing its historic target of 1.5 times dividend cover, ‘and has in recent years applied it flexibly’.

Charlemagne Capital AuM up

However, the company said more growth in assets under management is required.

SQN Asset Management launches Guernsey-domiciled fund

SQN Asset Management have launched a Guernsey registered fund which will target assets in agriculture, energy, environmental, manufacturing, material handling, medical, modular accommodation, technology and transportation sectors.

Success in hedge fund marketing not linked to performance, but investor appetite

The Opalesque 2014 France Roundtable discussed was sponsored by Lyxor and Eurex and took at the Paris office of Lyxor

BlackRock launches global long/short equity fund

BlackRock has launched a new absolute-return fund for its quantitative equity team.

Gulf investors snap up London properties

Find out which locations attract buyers most

Superwoman returns: Nicola Horlick raises funds to finance films

City 'superwoman' turned movie mogul aims to put £146m into Hollywood projects

Ruffer duo boost capital with distressed debt

The managers of the Ruffer investment company have made back two-thirds of their 2009 investment into distressed assets amid more favourable market conditions for some illiquid strategies.

APG and Aquila Capital team up for European hydro investment

Dutch pension fund asset manager APG Asset Management and alternative investments manager Aquila Capital have agreed a partnership deal that could see them invest around €500 million in the acquisition and development of European hydropower plants.

7IM boosts holdings in EM bonds

Emerging market bonds have become the largest absolute position in Seven Investment Management’s Cautious discretionary portfolio.

UK fund management salaries down 20%, ONS survey finds

The average salary in the UK’s fund management sector has fallen by 20.3 per cent in the past year.

Natwest Pulling Out of Share Dealing

NatWest and RBS clients – there are about 140,000 of them – can continue to trade as normal until October.

BNP Paribas launches alternatives business

Jean-Marc Rivet Fusil will be responsible for the part of the business that manages private equity in a fund-of-funds format, and offers related advisory services.

Blackstone to Buy a Wealth Management Business

Friends Life Group said on Friday that it had agreed to sell its Luxembourg-based wealth management arm

Insider trading has plummeted since the financial crisis. Here's why

A host of market changes has halved the number of deals that traders have taken advantage of, according to analysis from the Financial Conduct Authority

Revealed: All the winners of Fund Manager of the Year Awards 2014

The Outstanding Industry Contribution Award went to Jupiter's vice chairman Edward Bonham Carter

Why Putin's Raid on Wealth Fund Won’t Cure What Ails Russia

President Vladimir Putin’s government is blowing a hole in Russia’s finances by unsealing one of its rainy-day funds, all for a growth spurt that will fizzle out, according to the Finance Ministry’s debt chief.

Fund manager Ashmore gets Q4 assets under management boost

The inflows were delivered across a range of fixed income and equities themes, it said, while there were net outflows in external debt and overlay/liquidity themes.

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