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

Fund Managers Don’t See Return of the Euro Crisis

Large money managers don’t expect the worries over one of Portugal’s largest lenders to have a lasting impact on global financial markets depite a rout in Europe’s markets Thursday.

Hewitt backs Barnett to deliver at helm of Edinburgh

F&C’s Peter Hewitt, a man whose job it is to pick good investment trust managers, is backing Mark Barnett to pick up where predecessor Neil Woodford left off at Edinburgh.

UK's public pension scheme commits to emerging markets

The UK's government-backed pension scheme, the National Employment Savings Trust, has hired fund managers HSBC and Northern Trust to manage its first dedicated investment funds in emerging markets.

Skandia sees spike in pension transfer interest post-Budget

Despite the increased demand in the service, Walker added only up to 10% of transfer analysis requests were being realised as actual transfers.

Aviva CEO Eyes Cost Cuts, Asset Management to Boost Profit

Wilson has changed at least half of his senior managers including hiring Euan Munro from Standard Life Investments

Barnett's Keystone trust cuts management fee

This new management fee, brought into effect at the start of July, replaced the previous AMC of 0.8 per cent

Nest picks HSBC and Northern Trust funds

The latest two funds selected represent the eighth and ninth underlying building blocks used in Nest’s suite of default funds.

Cheers! Hawksmoor launches own beer brand

This was not Briarbank's typical request.

Bank of China's Paris debut promotes offshore renminbi hubs

Bank of China, Paris branch, made its debut in the offshore renminbi market last night with a Rmb2bn (US$328m) bond that will be listed in Paris and Frankfurt.

L&G register SICAV funds for German distribution

The funds received their German registration on 3 July 2014.

France Latest Country Seeking Alternative to Almighty Dollar

Smarting from a record fine on its largest bank, France wants the dollar dislodged as the global default currency.

Ipes authorised by the FCA as Private Equity AIF Depositary

Ipes is pleased to announce they have received FCA authorisation to act as Private Equity AIF Depositary under the Alternative Investment Fund Managers Directive

The boutique bond firm chasing down M&G, Fidelity and Jupiter

TwentyFour Asset Management is very popular with multi-managers, but is an unknown quantity for the majority of financial advisers and private investors.

Woodford fund favours health and tobacco

I have been very careful in building a portfolio that avoids sectors that I believe are vulnerable to a faltering global economy

Germany Gets 80 Billion-Yuan Investor Quota for Chinese Market

The allowance follows similar arrangements for Paris, London and South Korea, which have also been granted investment quotas of as much as 80 billion yuan, as Asia’s biggest economy seeks a deeper integration with international markets.

Wealth manager RC Brown renames Marlborough fund

Change comes as wealth manager takes on the marketing responsibilities for the fund.

Carlyle Group Sells London Office to Blackstone for $514 Million

Investors have been competing to buy London offices to gain from rising values and rents.

Abu Dhabi-backed Carlyle sells London office for $514m

Carlyle Group was founded in 1987 and currently has assets totalling around $31.5bn

Netherlands launches financing scheme to support Pak SMEs

He said that the Dutch CBI programme also supports exchange of technical experts from Netherlands to Pakistan in 27 sectors of economy

Indonesia makes successful euro bond debut

The sale attracted €6.7 billion of bids

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