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

China Has a Thing for Cognac

China and Kanye West have something in common: a love for cognac.

Barclays publishes FSA Complaints Data

In the Banking category there has been a 31 per cent reduction in complaint volumes for the full year 2011 compared to 2010.

Morgan Stanley launches latest structured product

At maturity, investors receive 100 per cent of their initial investment, as well as any locked-in returns.

Irish bankers prepare Royal Exchange sale

Among the assets being sold off are the Royal Exchange and the Finsbury Dials office tower in the City, and Great Minster Court in Victoria.

Axa Wealth lifts lid on execution-only wrap

The wrap, set for launch at the start of H2 this year, will allow advisers to white label the product so clients can use it directly.

Middle Eastern investors increase share of Central London residential sales market

Despite the on-going global financial crisis and continued concerns over the Euro, Central London's residential market continued to recover very strongly throughout 2011.

Bank of China moves closer to LME membership

The 130-year-old metals bourse said on Friday it had received a "good number" of first-round bids ahead of an LME board meeting on February 23.

Report: Humans Are Done Trading, It's Time For The Rise Of The Machines

A group of professors and researchers got together to think out exactly what that means.

Former Sloane Robinson manager plans new fund

Edale will launch with partner, friends and family money.

Hargreaves Lansdown adds Legg Mason fund to Wealth 150 list

Hargreaves said the fund’s management team has built an “impressive track record” over the life of the vehicle and tipped the manager’s investment style.

SRI fund providers reaffirm commitment following shutdowns

Kames Capital, which continues to offer ethical equity and bond funds, said more distinctive product ranges – for example, those that employ ‘dark green’ ethical screens to appeal to socially conscious investors – were tending to s

There's a new king of hedge fund managed accounts platforms

While Deutsche Bank is now the undisputed king in terms of assets, Lyxor's platform remains the hedge fund industry's biggest in terms of assets.

Plackett and Prentis' Throgmorton trust revamps fees

The trust's board has decided to cap the annual performance fee paid, amending it from 4.99% to a sliding scale based on the gross return of the portfolio, including CFDs.

End of the road for Riada Stockbrokers

RBS, which is 82 per cent owned by the British government, said yesterday it was cutting up to 300 jobs in its capital markets and cash equities units.

Weil Gotshal secures key client payouts in MF Global case

Weil Gotshal is advising administrator KPMG on the high-profile insolvency proceedings, which kicked off late last year and are the first under the UK’s new ‘special administration’ regime set up last year to protect market stability in

Baring Global Bond rating suspended by Bestinvest

Bestinvest has suspended the rating on the £203.5m Baring Global Bond fund following the recent departure of the portfolio’s manager.

Euroclear UK & Ireland welcomes Deutsche Bank’s db X-trackers suite of ETFs

The development enables direct access for IFAs and other users of the Message System to official net asset value (NAV) based pricing for ETFs for the first time via EUI when routing their orders for settlement.

Ardevora funds listed on Cofunds

Ardevora Asset Management has had its funds added to the Cofunds platform.

SIG removes Aviva Investors from Skandia UK Strategic Best Ideas

The decision to remove Lipner from the fund follows the recent strategic review announcements by Aviva Investors which SIG believes creates uncertainty over consequences this may have for the fund.

St James Developments London Property fund added to Clara Compare

Andy Higginson said: “ The current economic situation has created an excellent opportunity for development and investment in the London property market.”

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