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

Ingenious acquires £30m Optima funds

The Optima Managed Funds Division formed part of TBA’s advisory arm, Optima Financial.

Grosvenor plans to raise $492m to invest in Japanese real estate

The new fund will finance about half of the assets with loans, a ratio that will allow it to buy as much as 100 billion yen of properties, he said.

Bigger is better in the hedge fund industry - survey

Half of the investors surveyed had more than $1bn in hedge funds, double the number in 2004, while 44 per cent said they invested with hedge funds that had more than $1bn in assets.

Schroders to launch European Total Return fund

Schroders will launch an offshore fund targeting European equities for one of its new recruits next month.

Prudential may move headquarters to Hong Kong

Britain's largest insurance company, Prudential, is considering moving its headquarters to Hong Kong.

The evolution of the intelligent ETF

It’s becoming a well-worn debate, with commentators on each side of the active versus passive argument having to contend with a number of curveballs lately.

Insider ‘blows lid off’ the hedge fund world

Simon Lack’s new book, The Hedge Fund Miracle, claims to “blow the lid off” the secret world of hedge funds, where little or no regulation, excessive fees and a crowded industry have left investors with poor returns.

Deutsche Bank Publishes Tenth Annual Alternative Investment Survey

Deutsche Bank today announced the results of its tenth annual Alternative Investment Survey, which was conducted in December 2011 by the Bank's Global Prime Finance business.

Deutsche Bank Publishes Tenth Annual Alternative Investment Survey

Deutsche Bank today announced the results of its tenth annual Alternative Investment Survey, which was conducted in December 2011 by the Bank's Global Prime Finance business.

EU governments back new rules on short selling, CDS

The new legislation "introduces common EU transparency requirements and harmonizes the powers that regulators may use in exceptional situations where there is a serious threat to financial stability," the Council of the EU, where representative

Axa IM sees profits jump as AUM falls

However, the asset manager was able to grow profits by more than 10% over the same period.

Capita takes £17.9m hit over Arch cru‎

Capita has taken a £17.9m hit in costs in its 2011 results following the collapse of the Arch cru fund range.

Ashmore treading water

Average management fee revenue margins did decline from 86 to 76 basis points, but this was down to a change in theme and client mix.

Alpcot Capital Management launches Europe's first actively managed equity ETF

The physically-backed fund Alpcot Active Greater Russia aims to achieve long-term capital appreciation through investing in the securities of issuers based in the 'Greater Russia' region, i.e. Russia and other CIS region states.

St James Developments London Property fund added to Clara Compare

St James Developments has announced the launch of The St James Developments London Property fund.

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.

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