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

Barclays backs RBS share deal for voters

The London Stock Exchange is in the early stages of planning an assault on the continental European market, pitting it against rivals Euronext and Deutsche Borse on their own turf.

Henderson eyes opportunities in Australia

Henderson Global Investors will on Monday launch its first asset management business in Australia as it seeks to expand its operations beyond the troubled shores of Europe.

Man Group to buy hedge fund business

The combined multi-manager business will have total funds under management of approximately $19 billion, making it the largest independent non-US based fund of hedge funds.

Citi Ranked #1 in Global Custody Services - Survey

Citi has been ranked #1 in global custody services by the world's leading asset managers, asset owners and banks in the 2012 Global Custody Survey compiled by Global Investor.

Cambridge unveils first university SEIS fund

The institution is aiming to raise £1m to establish the University of Cambridge Enterprise fund, which is an SEIS and enterprise investment scheme (EIS) vehicle.

Deutsche Börse and China Financial Futures Exchange sign MoU

In accordance with the MoU, the two exchange organizations are to start a comprehensive sharing of knowledge and information on business areas and regulatory developments.

JPMorgan investment unit played by different high-risk rules

The risk of losses is tallied by the bank using a so-called value at risk (VaR) calculation.

Vanguard to make long-awaited move into UK ETF market

Vanguard is to make its long-awaited move into the UK exchange-traded fund arena with the launch of five physically-backed products.

Swiss fund-of-hedge-funds manager makes Asian acquisition

Gottex Fund Management Holdings has announced that it has reached agreement on the acquisition of Hong Kong based Penjing Asset Management, one of the primary Asian alternative asset management providers. Ronnie Wu, founder and CIO of Penjing, will join

Deutsche Bank wins Euromoney FX survey for 8th consecutive year

This industry benchmark survey result demonstrates the bank’s consistent delivery of best-in-class products and client service.

Matrix Asset Management Inc. Reports First Quarter Results and Declares Dividend

2012 and announced the next regular quarterly dividend of $0.015 per share would be payable on June 12, 2012 to shareholders of record on May 29, 2012.

RBC Dexia Investor Services deal gets green light in Europe

“The transaction … has significant strategic value to us, not only as a standalone business but also in its complementary capabilities to RBC.”

Intesa Q1 profit jumps, bad loan provisions up

The bank was forced to book provisions for risky loans of 970 million euros over the quarter, a 43 percent rise compared to a year earlier, as credit quality deteriorated in Italy due to a deep economic recession.

Metro Bank Eyes UK Retail Banking Expansion

The Metro bank is still a very small player in the U.K., dwarfed by the "big four"--Lloyds Banking Group PLC (LYG), Royal Bank of Scotland Group PLC (RBS), Barclays PLC (BCS) and HSBC Holdings PLC (HBC).

Why Standard Life's AA-rated Moore bought Barclays

But as well as buying into telecoms provider BT, Moore (pictured), said he bought into Barclays because 2011'a difficulties made it underpriced even though this year it is in a stronger position.

Sberbank Said to Return With Higher Denizbank Bid

Alexander Baziyan, a spokesman for Moscow-based Sberbank, declined to comment on the process or Denizbank’s valuation. A spokesman for Dexia declined to comment.

Ashcourt Rowan picks Cofunds to power platform

It will include an entry-level execution only proposition, a service for investors who do not need on-going financial advice but want guidance and a proposition for clients receiving full advice.

RBS - Green grows the market

How does a global bank like RBS coordinate its efforts to control its energy, water and waste?

Lloyd's of London eyes emerging markets

Its website shows Lloyd's has 34 offices around the world, though more than half are in Europe.

Film investment could lose tax breaks

Thousands of investors who have pumped billions of pounds into film finance schemes face an anxious wait to find out whether a recent court decision signals the end of lucrative tax breaks.

Alternative Investments