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

Newton restructures fund range

The Bank of New York Mellon’s asset-management subsidiary, Newton Investment Management, has announced a suite of changes to its funds.

Rothschild buys into peer-to-peer lending

Jacob Rothschild, scion of the eponymous banking dynasty, has bought a stake in a peer-to-peer lending company that allows people to extend credit to each other without going through banks.

KBC Bank Ireland opens first retail branch

The new retail office is designed for banking in the 21st Century.

Euroclear Bank welcomes CME Clearing Europe to the global Collateral Highway

Euroclear Bank will source and manage securities collateral for this purpose on behalf of clients from its global ‘Collateral Highway’.

Qataris snap up Champs Elysées asset

Qatar's sovereign wealth fund bought the property from French private equity group LBO France

Ex-Soros Manager to Start Distressed Fund for Europe

The European banking system is in difficulty

The Dow Jones Credit Suisse Core Hedge Fund Index Closed Up 0.33% in November

The Dow Jones Credit Suisse Core Hedge Fund Index is the only hedge fund index to seek to measure the performance of this rapidly growing industry segment by sourcing funds from multiple managed account platforms, an advantage over indices which are built

Natixis launches Souverains Euro fund in Italy

Natixis Asset Management has launched in Italy Natixis Souverains Euro, a eurozone sovereign bond fund managed by Olivier de Larouzière, head of euro fixed income management at the firm.

Broadstone Buys UBS Wealth Management's Corporate Pensions Business

The UBS Wealth Management Corporate Pensions business has a team of six who have now joined Broadstone

UBS and HSBC choose Euroclear Bank and HKMA for first cross-border RMB repo

UBS AG London and HSBC, Hong Kong branch, conducted their first ever renminbi (RMB) triparty repo using Euroclear Bank and the Hong Kong Monetary Authority (HKMA) as collateral management agents, respectively.

EU and Swiss regulators to co-operate on cross-border supervision of alternative investment funds

ESMA has negotiated the agreement with FINMA on behalf of all 27 EU national competent authorities for securities markets regulation.

Dexia in talks over asset management arm

Neither the Belgo-Dutch financial group nor GCS Capital, which is run by two former senior investment bankers at HSBC, gave many details on the talks, but a deal for the European asset manager could be worth up to €500m, according to bankers.

Cantor Acquires Irish independent stockbroker and plans to hire 200 next year

The transaction expands Cantor’s capacity to provide sales and trading, research and advisory services to clients in Ireland as part of the continued growth of its global capital markets franchise.

Axis Bank, Indiabulls to start operations in London

If more companies list on the London Stock Exchange, the cost of capital in the market reduces

Offbeat investments: cars, wine and football may pay off

Exchange Traded Funds, or ETFs, are one of the fastest-growing areas of investment

Diamond ETF GEMS Hits The Market

Next comes the question of whether or not to invest

Warren Buffett buys Spanish bank's insurance business for €600m

Caixabank is seen as one of Spain’s stronger lenders

Paragon eyes banking licence with private bank purchase

The deal would give the buy-to-let lender a banking licence and allow it to offer its customers savings accounts.

Hargreaves Lansdown drops Franklin UK Select Growth fund from Wealth 150

Franklin UK Select Growth has been removed from the Wealth 150 list of our favourite funds across the major sectors.

Swiss private bank launches Emerging Consumer fund in European countries

Emerging Consumer was initially launched in Switzerland in October 2011, and it focuses on changing consumption patterns of the middle class in emerging economies in Asia, Africa and Latin America.

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