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

Hedge funds say copper is a cheap, but terrifying trade

Nothing is more important to the copper market than China’s economic engine, which accounts for about 50% of global demand.

ADIB provides ₤66.6 million financing for healthcare facility in London and Edinburgh

The London property comprises one of the most established private healthcare facilities in the UK capital and is operated by an international healthcare group.

AnaCap Financial Partners has announced the successful closure of six deals in Italy

The Italian credit market is still one of the most active in Europe, with €200bn of NPLs divested over the past five years

New Business Savings Products Launched by Shawbrook Bank

‘45-day Notice’ and ‘Two Year Fixed Rate’ options unveiled as Shawbrook steps up its bid to become the specialist bank for UK SMEs

Q1 will decide the fate of the bull market – ClearBridge’s Jeff Schulze

“Importantly, the market’s initial reaction in the first three months was not helpful in identifying which scenario played out as the market moved higher most of the time.”

Transact hit with unexpected £4.3m VAT bill

Transact’s parent, IntegraFin Holdings, says it will likely appeal the decision which could hit profits.

Aztec Group to administer Luxgrove UK real estate fund

Specialising in alternative investments, including real estate, infrastructure, private equity and private debt, the Aztec Group employs more than 900 people across six offices and administers over €360 billion of assets for more than 200 alternative

Unigestion launches private equity fund

Unigestion has been at the forefront of this continued innovation and have led multiple complex secondary transactions at the small end of the market.

Darwall reveals plans for new fund house

Mr Darwall won the £1.1bn European Opportunities trust from Jupiter last year after announcing his departure. In addition he has one institutional client.

Fairstone adds £263m in double acquisition

Fairstone also gained 330 clients, three advisers and £150m in funds from its purchase of Wagstaffs Wealth Management.

Saudi wealth fund PIF plans to buy soccer team Newcastle United

A final deal could be days or weeks away. The tentative deal could still break down, the report said

UK active fund managers suffer bloodbath in 2019

Heavy redemptions from London’s best-known active managers follow demise of Neil Woodford and industry scandals

Hedge fund investment down in 2019, but redemptions are too

Direct investment in hedge funds totaled $8.8 billion in 2019, down 9.6% from the prior year.

BNP Paribas bullish on equities despite global growth concerns

Bank’s wealth management division says it is advising clients to go easy on fixed income

Alternative assets investment trust launches £200m UK float

As well as raising £200m through the initial placing, ALTS announced the establishment of a share placing programme worth up to £500m.

Henderson Park seek €400m+ for prime Dublin office blocks

Properties were previously owned by Green Reit, which was acquired by Henderson Park Capital for €1.34bn last year

Romania’s biggest insurer seeks partner or potential buyer

Notably, the insurer’s representatives confirmed that a EUR 25 mln loan was contracted from a Swiss bank to be used as working capital - namely for speeding up the disbursement of compensations to policyholders.

Rate cut 'unlikely' as economic data improves

Ms Baker said: “The composite UK PMI Flash data would suggest we are unlikely to see a rate cut from the Bank of England.

'Massive amounts of money' headed for Nordic real estate

After years of negative interest rates across most of the Nordic region, real estate has emerged as the ultimate target for institutional investors

DB transfers bring £200m of inflows to AJ Bell

Addressing the latest results, the company's chief executive and founder, Andy Bell, said his focus would continue to be on making the platform the “easiest to use.”

Alternative Investments