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

BNP Paribas Joins the Vienna Stock Exchange as new Trading Member‏

BNP Paribas Arbitrage S.N.C, headquartered in Paris, and BNP Paribas Arbitrage S.N.C. in London joined the Vienna Stock Exchange as new trading members.

Hedge fund firm Polygon launches mining fund - source

(Reuters) - British hedge fund firm Polygon has launched a mining fund, a source close to the fund said, as it tries to rebuild its business after high-profile losses during the credit crisis and profit from a sector some investors believe may have peaked

Qatar bank acquires two London properties

Qatar First Investment Bank (QFIB) has acquired two properties in central London, The Leinster Inn Hotel at Leinster Square and Westbourne House, Westbourne Grove, the company said in a statement.

Trafigura gets $400 mln loan from Mideast banks-sources

"Before, the pricing they could get from international relationship banks meant they didn't have to expand too far from them, but now they are looking at other sources," said a second source, whose bank joined the transaction.

Skandia platform posts £11m loss as RDR costs bite

Skandia Investment Solutions, one of the UK's largest platforms, made a loss of £11m in 2011 as the cost of preparing for RDR impacted the business. Read more: http://www.investmentweek.co.uk/investment-week/news/2205188/skandia-platform-posts

Henderson launches high yield fund for fixed income duo

Henderson Global Investors has announced intentions to launch an offshore Euro High Yield Bond Fund in Q4 for fixed income duo Stephen Thariyan and Chris Bullock.

Hedge fund assets available for prime custody jump 40% in two years - RESEARCH

BNY Mellon has reported that hedge fund assets available for prime custody services now stand at an estimated $684 billion, a 40% increase since 2010.

Hedge fund charges not catching on with UK mutual funds

With funds typically charging 15 to 20 percent, or sometimes even more

AllianceBernstein extends EM fund range

The EM local currency debt portfolio looks to benefit from expected appreciation of local currencies.

Pamera commences acquisition for new Stuttgarter Insurance Group fund

"We are also prepared to consider retail properties in prime locations in medium-sized towns, preferably in southern Germany."

Societe Generale SS in Italy mandated by Mantex Sicav

SGSS in Italy offers a complete range of securities services, including clearing, custody and trustee services, fund administration, liquidity management and transfer agent services.

How to invest in fine art

The FSA’s ban on advising Ucis products means those interested in art have to look further for expertise

UBS Gam considers multi-asset service for IFAs

Asset management business plans to improve UK brand awareness with multi-asset offering.

Brooks Macdonald sets £150m ground rent target

The newly launched publicly listed Ground Rents Income Fund created by Manchester-based Brooks Macdonald aims to raise a further £100m in the next two years.

Sarasin poaches £70m mandate from Henderson and Schroders

Joint venture Sequel Investments was launched in September 2009 and comprised a three-strong multi-manager fund range, which initially appointed Henderson Global Investors’ multi-manager Bill McQuaker as manager of the Adventurous portfolio.

Morningstar OBSR Honours 2012 winners revealed

The Outstanding Investor Honour was shared between Richard Pease (pictured), director of European equities at Henderson Global Investors, and SLI small-cap veteran Harry Nimmo.

Liontrust shuts EM Opps fund as managers exit

The fund and its managers were acquired through the Occam acquisition made by Liontrust less than a year ago in a £1.17m deal.

BNP's Italian Arm to Fund Its Own Debt

Mr. Bonnafe also dismissed the risk of redenomination, saying "there is no risk of Italy, or euro-zone collapse, so we can just drop that," and praised the European Central Bank's efforts to support Spain and Italy, according to the report

Indian bank moves into UK buy-to-let mortgage market

The State Bank of India, which announced its launch into the UK residential mortgage market a year ago, is to add a five-year buy-to-let tracker loan to its range.

The Charities Property Fund outperforms for the fifth year in a row

The Charities Property Fund, the first and largest property fund designed specifically for charities, has outperformed the Association of Real Estate Funds’/IPD UK All Balanced Funds Index for the fifth year in a row.

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