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

Charities Property Fund returns 11.2% in 2013

In one of its most successful years since inception 13 years ago, the Fund invested £130 million in 15 new assets, reflecting an average yield of 6.5% after the costs of acquisition.

Euroclear Bank selected for settlement of US stocks by EuroCCP

Under the service which was launched today, transactions in US stocks listed and traded on Turquoise will be settled on behalf of clients at Euroclear Bank in any of the 54 settlement currencies offered by the ICSD.

Kames Capital launches Diversified Income Fund

Kames Capital, an Aegon Asset Management company, has launched the Diversified Income fund for institutional and retail investors seeking income and capital growth over the medium term.

Charles Stanley rolls out portfolio service to five platforms

The service, which consists of 12 actively managed model portfolios which have been risk rated by Distribution Technology, is available on Ascentric, Aviva, Fusion, Novia and Nucleus.

Double global equity fund launch for UK boutique

London-based boutique Heptagon Capital has bulked up its Irish Ucits platform with the launch of two global equity funds

PRA Agrees to Acquire Aktiv Kapital for $880 Million

The transaction is expected to close in Q2 of this year, upon successful completion of certain customary and regulatory closing conditions.

Man Group on acquisition hunt

Man Group is looking to further reduce its dependence on its $12.5 billion flagship strategy AHL with another acquisition.

Ex-Oddo pair launch first converts fund for new firm

The new firm, which sits within the multi-boutique structure of French group Primonial, is designed to focus primarily on convertibles and dated bond funds.

Aegon Q4 Net Profit Drops 60%

Aegon's quarterly net profit fell to 174 million euros ($239 million), from a year-ago profit of EUR431 million.

RBS sells derivatives units to BNP Paribas

State-backed Royal Bank of Scotland said it had sold some structured retail investor products and equity derivatives businesses to France's BNP Paribas as it continues to shrink its investment bank.

Hedge Funds Start 2014 in the Red

According to Preqin’s Hedge Fund Analyst, hedge funds made a loss of 0.17% in January 2014, the benchmark’s first month in negative territory since August 2013.

Majority of Fund Managers Think Investors Still Won't Be Engaged in AIFMD Considerations by 2015 - Northern Trust

More than 50 percent of fund managers, prospective clients and consultants attending a recent Northern Trust seminar on the European Union's Alternative Investment Fund Manager Directive

Saxo introduces Futures Spread Trading

Saxo Bank, the online trading and investment specialist, is further enhancing its product portfolio for its retail and institutional clients through the introduction of futures spread trading.

2014 Alternative Investment Survey highlighting key trends shaping the hedge fund industry - Deutsche Bank

Allocators from 29 different countries completed the survey. Approximately half (46%) of responding investors manage $1bn+ in hedge fund AuM, and 18% manage over $5bn.

UK fund managers promise more transparency on research costs

Britain's top fund managers pledged on Tuesday to be fully open with customers over how their money is spent on investment research in an attempt to limit a looming regulatory crackdown.

TMF Group takes over Custom House

TMF Group’s fund administration business has offices in Rotterdam, Sydney, Geneva, Sofia and Malta. The acquisition of Custom House’s business allows TMF Group to further expand its business into the growing alternative investment sector (incl

SSgA SPDR unveils short-maturity sterling corporate bond ETF

State Street Global Advisors (SSgA) has expanded its range of short-maturity bond ETFs with the launch of the SPDR Barclays 0–5 Year Sterling Corporate Bond UCITS ETF (SYBQ) on the Deutsche Börse (Xetra).

Five new firms join MARF as Registered Advisers

The Spanish alternative fixed income market operated by BME - already has 11 Members and 11 Registered Advisers

Arden launches Ucits fund of hedge funds

The newly launched Arden Diversified Alternative Strategies fund, domiciled in Ireland, will take a multi-manager approach to hedge fund investing.

Smith & Williamson cuts AMCs on 13 funds

Smith & Williamson Investment Management is reducing the annual management charge of 13 clean funds in its pooled fund range.

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