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

Hedge funds make bets on rise in sterling

Traders have ramped up their bets on sterling, with a big jump in the number of hedge funds taking long positions in the pound in expectation of a rate hike, US data shows.

Investors planning to raise European fund exposures, says ML Capital

ML Capital Asset Management is reporting high levels of demand for both European and US long/short equity funds this quarter, with a healthy swing towards UK equity strategies.

The new era of cost-cutting at Barclays’ investment bank, Credit Suisse needs to axe 15% of headcount

What’s going to happen to Barclays investment bank when it presents its new plan in June? Tushar Morzaria, the bank’s chief financial officer who took the job six months ago, admitted to analysts in February that its future is not entirely cle

Yorkshire attracts HNW's as commercial property investment leaps to £1 billion

Wealthy foreign investors spent nearly £1 billion buying up chunks of commercial property in the Yorkshire region over the last two years when London failed to hit the mark for price.

How COO's are transforming their operating models to meet market challenges

7 changes to asset management operating models

Britons more likely to use inheritance to cover cost of living rather than buying a house

Britons who stand to inherit sizable sums from their affluent parents are becoming more and more likely to use it to cover the rising cost of living, rather than saving it or using it to buy property.

Iraqi Farouk al-Kasim behind Norway oil fund that is envy of world

It was 1968, and Farouk al-Kasim was struggling with an important decision

The Effect of People Power by Justin Urquhart Stewart

Elections are strange beasts.

Berry Asset Management: Navigating equities when it's not all plain sailing

He says: “This is a reflection of the still very accommodative stance surrounding markets at the moment from liquidity and low interest rate policy.

IMA to merge with ABI investment arm to form new trade body

The Investment Management Association is to merge with the Investment Affairs Division of the Association of British Insurers.

Minister in Deutsche Bank’s Home State Seeks Stricter Bank Split

The state is home to Frankfurt-based Deutsche Bank AG (DBK), Europe’s biggest investment bank by revenue, which has repeatedly said a split would drive up costs for clients and hurt European banks’ ability to compete with U.S. firms.

The financial industry employs 1.700 lobbyists and spends €120 million a year to influence the EU – at least

Kenneth Haar from Corporate Europe Observatory says: “The crisis revealed a clear need for stronger rules on financial markets. But reform has proved difficult, and these numbers are an important part of the explanation. The financial lobby's f

Tax really CAN be taxing!

How easy is it to trip up in tax? A recent case shows that even the simple things can be confusing to the taxpayer, and he pays the penalty.

Is the crisis finally over?

Seven years ago, relatively few people outside of financial services had probably heard of Lehman Brothers, certainly in the UK.

Asset Managers Enjoy Best Revenues in Four Years

Alternative managers also had higher operating profits

ECB's Weidmann - France's Budget Policies 'Test Case' for Euro Fiscal Rules

The president of the German central bank warned on Monday that the credibility of the euro zone's budgetary rules was at stake and that France's suggestion that the bloc's budget deficit targets be weakened are a "test case" for t

UK investors failing to look past the short term

Only one in 20 investors commit their money to investment products for ten years or more, and most intend to allocate just 13 per cent to high-growth assets like equities, claims a report from Schroders.

Diamond Industry Implications From Ukraine Crisis

This is not a large figure in proportion to the overall global economy

Have you made your fund manager rich?

Fund managers and brokers are often highly profitable

Bond managers warn against complacency amid low defaults

Global default rates may be low, but that should not blind investors to the risk of companies issuing high-yield bonds going bust, according to fund managers.

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