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

AXA considers acquiring Itau insurance assets

France-based global insurance company Axa has reportedly expressed interest to acquire insurance assets put up for sale by Brazilian bank Itau Unibanco

Skandia throws down gauntlet with bullish cost claims

Is discretionary fund management, as offered by advisers, due to feel the chill wind of the charges debate?

Threadneedle's Philip Dicken reacts to the ECB's measures announced

Following yesterday’s announcement by the ECB, Philip Dicken, head of European equities at Threadneedle Investments, reacts

£5bn London pension fund withdraws from Brevan Howard

The LPFA manages assets with a value of £4.8 billion and could influence other local authority schemes, which represent a total of £178 billion, to review their own active holdings.

Natixis launches new Luxembourg Sicavs

The Sicav also incorporates a flexible, quantitative and volatility management approach developed by Seeyond.

Aviva revitalisation starts to yield positive results

In 2013, Aviva announced it would be cutting 2,000 jobs globally. At the time, the move was seen as signalling a clear intention by group chief executive Mark Wilson – who arrived from AIA Group at the beginning of 2013 – to shake up operation

What’s the alternative? Buyers struggle to find contrarian funds

Alternatives funds should be directional at the start of the cycle

£1.3bn to build on Mayfair’s financial boom

The space taken by financial tenants in the area soared by 139 per cent last year to 117,000 sq ft with hedge funds accounting for almost a third of that, according to the study from property advisers Jones Lang LaSalle.

DeAWM expands physical ETF offering

The latest switch in ETF replication methodology mainly covers exposures to the equity markets of countries in the Asia-Pacific region, and represents approximately €2.5 billion in assets.

Dutch bank ING to list insurance arm before end of year

The bank valued the insurer's Netherlands Life business at 5.6 billion euros

City Fund Manager Calls For Tesco Boss To Go

Tesco announced on Wednesday that like-for-like sales in the first quarter of its financial year had fallen 3.7%

How would eurozone QE affect global bonds?

He expects to see further compression in European bond spreads in anticipation of stimulus

Standard wins Woodford discount despite Cofunds' claim

Standard Life has secured Neil Woodford’s new fund at a discount, dismissing claims from rival Cofunds that this was only available to platforms which could ‘guarantee distribution’.

Report slams ‘murky world' of DFM pricing

The difference is also marked at other price points

The Children's Investment Fund Partner Departs for Rival Hedge Fund

Last year TCI's flagship fund gained 47% and in the first quarter of this year it rose just over 3%.

Ascentric cuts Sipp fees ahead of drawdown price review

All other charges are unchanged, although Ascentric says it will review its income drawdown fees following Budget changes that are expected to boost the market.

Dutch insurer picks Northern Trust to manage €400m portfolio

Dutch health insurer Menzis has picked Northern Trust's asset management arm to manage its €400m passive equity portfolio.

Selftrade seals deal to sell business and leave UK

Embattled online stockbroker Selftrade has sealed a deal to sell its business to outsourcing company Equiniti.

World’s Biggest Wealth Fund Escapes Flash Boys in IEX Dark Pool

Norway’s $880 billion sovereign wealth fund, the world’s largest, is throwing its support behind Brad Katsuyama’s new exchange.

Man Group Retreats From Fund-Seeding Arenaq

Man Group is winding down its hedge fund-seeding business.

Alternative Investments