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

AIB is selling some fund management subsidiaries

The transaction and the acquisition is expected to be completed during the third quarter of the year.

Aberdeen Asset Management to sponsor Scottish Open

The event has been without sponsor since last year when Barclays withdrew its backing. It had sponsored the tournament for 10 years.

Second ETF in JP Morgan Macro Hedge series launched

This euro-denominated fund is designed to provide cost-effective volatility exposure, for sophisticated investors.

AIMA expresses concern about new European Commission AIFMD

The Alternative Investment Management Association (AIMA), the global hedge fund trade association, has expressed concern about the European Commission’s new draft text for the implementation of the Alternative Investment Fund Managers Directive (AIF

Renminbi – An opportunity for the London market?

Brief history of the Offshore RMB market – a path to internationalisation?

New issuer added to Navesis‐ETF

Following the successful launch of Navesis‐ETF in February, and a move into Emerging Markets this month, there are now almost 200 products live on the platform, covering ETFs, ETCs and Fixed Income products. The trading platform continues to widen its off

Former non-exec in £9m Arden bid

Arden – which is run by chairman Howard Flight and chief executive Jonathan Keeling – said that, while trading in the first four months of its financial year had been satisfactory, it had an uncertain outlook for the second-half of the year.

RHJI's Kleinwort Benson AUM rise 10.6 pct

The Belgian company previously had large holdings in Japanese firms but began a transformation towards becoming a financial services group after the purchase of Kleinwort Benson from Germany's Commerzbank in 2009.

Axa Wealth wrap proposition breaks £4bn AUM

The company said the wrap's AUM had increased 14% since the start of the year. This follows growth in AUM from £320m in Q1 2010 to £3.5bn by the end of 2011.

Ex-Honister Capital director to launch fund management business

The Beaufort Group is made up of Beaufort Financial Planning (BFP) and Beaufort Investment Management (BIM).

NYSE Euronext plans own futures clearing house

The move to launch its own clearing unit next year and start moving business off LCH at that point comes after NYSE's rival, the London Stock Exchange, entered exclusive talks to acquire LCH in September last year.

Bank of China unit applies to London Metal Exchange

It will be the first bank from China, the world's largest consumer of industrial raw materials, to become a member of the exchange that is the world's biggest marketplace for metals including copper, aluminium and nickel.

Morningstar Launches Indexes Based on "Ultimate Stock-Pickers" Research

BNP Paribas Licenses Indexes for Structured Bank Notes

Cable seeks fund managers to guide green investment

The Department for Business, Innovation & Skills’ UK Green Investments team is looking for experienced fund managers to run investment accounts of up to £100m to invest in the green economy.

Calamos Global Equity Fund Receives Six Lipper Fund Awards in Europe

The fund received accolades in the United Kingdom, France, Germany, Austria, Switzerland and Europe for its three-year performance in the Equity Global category.

Schroders predicts increase in quantitative easing

A fresh round of quantitative easing has been predicted by Schroders in light of the news that the UK's growth figures for the final quarter of 2011 have been revised down.

UK broker set to take over Hoare Govett index‎

Globally, the outperformance of small caps has strengthened during 2012 as investors have re-examined the merit of small caps investing, in line with the return of investors' risk appetite.

EU commodity market regulation battle commences

It is unclear whether the officials from member states meeting tomorrow will make a similar recommendation.

Deutsche Bank Awarded Global Corporate Trust Services Provider of the Year

The Bank was nominated in the category by the editorial staff of Infrastructure Investor and in an on-line poll conducted during December and January. More than 1,000 readers participated, with Deutsche Bank voted as the top Global Corporate Trust Service

Dow Jones Credit Suisse Hedge Fund Index up 1.61% in February

Hedge funds, as measured by the Dow Jones Credit Suisse Hedge Fund Index, finished February up 1.61%; with 9 out of 10 strategies in positive territory;

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