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

RAM acquires two funds totalling $116m

Renaissance Asset Managers has acquired the mandate for two funds from specialist emerging markets house Griffin Capital Management.

KPMG Annual Review 2011 Highlights Client Focus of Fastest-Growing of the Big Four

Multimedia Review depicts people, organization continuously adapting to meet client and community needs

BNP Paribas Securities Services Expands its Hedge Fund Administration Services

BNP Paribas Securities Services today announced the roll-out of a major investment programme to expand its hedge fund and fund of hedge fund administration services, for both UCITs and offshore funds.

Asian investment into London office market soars

Total investment volumes in the Central London office market reached £10.8 bn in 2011, with international buyers representing 60% of total investment volumes. Asian buyers accounted for 16% last year, up from 6% in 2010.

London-based hedge fund to cut $75m of costs as investors seek safety

The fund revealed in a trading statement on Wednesday that it intends to make $75m of savings, including pay cuts and job losses, $50m of which will take place this year.

Top fund manager backs Government on executive pay reforms

Fidelity, which has more than £165bn in funds under management, said that in the interests of "simplicity and transparency" variable pay for directors should be subjected to a shareholder vote requiring 75pc approval.

Abu Dhabi fund backs UniCredit

The share sale, known as a rights issue, is being watched as a barometer of investors' willingness to recapitalize Europe's troubled banking sector.

Barings launches global mining fund

The new launch will also be able to invest in commodities and debt securities issued by mining and mining-related companies.

Deutsche Bank teams up with German hedge manager for Ucits platform

The systematic fund from the €440m firm uses an algorithm to latch onto trends in fixed income, interest rate, foreign exchange and commodity markets.

Schroder Property appointed to manage £600m

A team of 8 property professionals from Invista will join the Schroder Property team from today.

Asset Allocated Passives pass through £1billion

Back in 2008 Seven Investment Management (7IM) launched its groundbreaking range of AAP (Asset Allocated Passives) funds.

Biggest French hedge fund sells minority stake to U.S. private equity

CFM’s directors retain control and decision power, which is important for their investors

Morningstar launches wualitative research and ratings for UK closed-end funds

Morningstar’s closed-end fund analyst research and ratings draws on the company’s global methodology for fund research used by Morningstar fund analysts worldwide.

Ethical Investment Survey Welcomed as 'Great tool' by AAA

The Barchester survey looks to whether certain funds within the ethical and environmental sector are living up to their long-term goals and generating return for investors. The top-ranked fund for 2011 was the Aviva Sustainable Future Managed Fund, which

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