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

French investment firm takes 40% stake in alts business

French asset management group La Française has signed a strategic partnership deal with alternatives multi-manager specialist TAGES Capital

UK pension group hands HSBC frontier markets mandate

HSBC Global Asset Management has won a mandate to run a frontier markets equity strategy on behalf of the £1.4 billion Cornwall Pension Fund.

iShares lists International ETF on Euronext Amsterdam

First ETF with an international security settlement structure in continental Europe

Source targets slice of UK ETF market with sales hire

In his new position, He will be responsible for coverage of platforms, intermediaries and advisers.

RBS Said to Hire Eastdil to Sell EU1 Billion of Irish Assets

Royal Bank of Scotland Group Plc hired real-estate investment bank Eastdil Secured LLC to advise on a possible sale of Irish assets,

La Française and Tages Capital sign strategic partnership

La Française and Tages Capita have announced the agreement of a strategic partnership.

Lux group converts FoF strategy into Asian equity fund

Banque de Luxembourg has converted its Asia-focused fund of funds strategy into a direct investment Asia equities fund

Thes Big hedge Funds got Crushed In January

Most hedge funds that bet on broad macroeconomic trends lost money in January, hurt by reversing equity markets and wrong-way currency bets.

Billionaire activist investor planning assault on UK

They have only declined twice, falling 7pc in value in 1998, and 3pc in the annus horribilis that was 2008.

Innovative life insurance structuring is a very flexible tool in wealth management - Robert MacIntyre, Lombard’s Head of Wealth Structuring Solutions

“These wealthy people are looking to make a tax efficient gift to their loved ones, but with some strings attached.

Deutsche Asset mulls offer of low-cost ETFs

Deutsche Asset & Wealth Management is creating a range of low-cost, direct replication db X-trackers ETFs, all of which will come with an all-in fee of 0.09% per annum.

Volatility specialist launches discretionary business

The firm, which specialises in options trading, has received permission to run client money on a discretionary basis under what the FCA terms the 'Variation of Permissions'.

Old Mutual 'multi-manager' bucks emerging market exodus

John Ventre, head of multi-manager at Old Mutual, has initiated a position in an emerging markets fund, despite widespread flight from the region.

SEB Sells Singapore Office Asset for $228M; Pays $54M for Tokyo Office Building

SEB Asset Management, the real estate arm of SEB Group, has kicked off 2014 strongly with several notable transactions, especially in the Asia-Pacific commercial real estate market.

Frankfurt-based Union Investment has launched a convertible bond fund

It will also be able to invest in high yield convertible bonds in order to diversify the portfolio and also to generate higher returns.

BNY Mellon appointed by Aon Hewitt as fund administrator

he new mandate will also see BNY Mellon providing performance & risk analytics, securities lending and portfolio hedging to Aon Hewitt, which provides fiduciary management services to UK pension schemes.

Gottex Launches Swedish Multi-asset UCITS Products

The fund is relatively unique in Sweden in that it is truly multi-asset by investing in nine different asset classes.”

Russian boutique launches regional debt fund

The Luxembourg-domiciled fund, called the VTB Capital IM Russia & CIS Debt fund, was launched with $40 million in seed capital.

BDO & PKF merger secures AIM auditor stronghold

BDO HAS retained the top spot for total AIM audit clients, as well as moving up to fifth spot for FTSE AIM 100 clients.

German Boutique launches fund to tap CoCo bond issuance

Munich-based Assenagon Asset Management has launched a fund to focus on contingent convertible bonds.

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