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

Smith & Williamson launches emerging market value fund

Smith & Williamson Investment Management has launched a fund focusing on undervalued companies in emerging marketS

Morningstar OBSR downgrades Fidelity America after manager departure

Morningstar OBSR has downgraded the $4.8bn (£2.8bn) Fidelity America fund after the departure of manager Adrian Brass.

Private equity salaries tick up in wake of banks

Stories about hefty bonuses and chunky salaries for fresh-faced bankers have been stirring up outraged headlines over the past few years. But another group of people have been quietly raking in equally large amounts without the flak – private equity

Two new funds boost European CLO market

The European market for collateralised loan obligation funds continues to see an uptick with two managers launching vehicles.

Cofunds adds self-direct service for ‘orphan’ clients

Service allows investors to manage portfolios without advice

Rothschild Gears Up For £150m Autodata Deal

A division of the Rothschild banking dynasty is preparing a swoop on one of the world's biggest suppliers of automotive data in a deal worth close to £150m.

Lord, Abbett & Co. Brings Fixed Income Range To Europe

Lord Abbett is headquartered in Jersey City and has $139 billion (€101.4 billion) in assets under management

Belgian mezzanine financing comes out of the shadows

Despite this huge reliance on bank loans for Belgium's SMEs, banks in the country began to slow down their lending to companies following the financial crisis

UK leads European hedge funds

The majority of European hedge fund managers that have set up business in recent years have been in the UK

Game seeks £400m valuation as it plans London IPO

Video game retailer Game Digital plans to float its shares on the London Stock Exchange in a listing that two sources familiar with the matter said could value the chain at around £400 million.

Standard Life Equity Income Trust Outperforms Benchmark In Half Year

Standard Life Equity Income Trust invests in a diversified portfolio consisting mainly of quoted UK equities, normally between 50 and 70 individual holdings.

Increasing demand for peer-to-peer lenders by frustrated consumers

Frustrated savers are looking to social or peer-to-peer (P2P) lending platforms for higher rates of interest than those offered by banks - but they want reassurance over the risks, according to a survey this week.

PIMS 2014: Cofunds in talks with FCA over orphan clients

Cofunds is in talks with the FCA over how to tackle orphan clients ahead of the platform rebates ban on legacy business coming into effect in April 2016.

Pictet merges US equity funds

A spokesperson for Pictet told Wealth Manager that the decision had been taken ‘in response to clients’ needs for a single US equity strategy which implements a broad-based approach with both value and growth characteristics’.

London Stock Exchange reports 50pc surge in revenues

Flotation frenzy and clearing house acquisition buoys growth at LSE

Waverton’s retail fund management drive pays off

The management team also reorganised the business into five business groups

Aegon 'to lose £25m a year to pension cap

Edinburgh-Based Aegon UK has said the government's 0.75 per cent charge cap on pensions will cost it up to £25million a year

Century old London silver fixing firm closes shop

The company that runs the London silver fixing, a benchmark dating back more than a century, will stop running the process after Deutsche Bank AG said two weeks ago that it was dropping out of the price-setting ritual.

Alliance Trust to launch two new sustainable investment funds

The two new funds are the eighth and ninth in Alliance Trust’s Sustainable Future fund range, which provides investors with additional options for both income and growth.

Assicurazioni Generali net profit rises 9.4%

Gross written premiums rose 1.5% from a year earlier to EUR18.48 billion.

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