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

Only a tax and regulatory revolution will revitalise our unloved public equity markets

Far more companies are leaving than are joining, and with record levels of buyback activity

Eugene Investment acquires Poland office building for $61 mn

The deal comes a year after two small Korean financial services companies snapped up the Cedet building, a landmark office building in Warsaw, for 183 billion won.

Festive cheer sends eurozone bond yields to fresh highs

Signs that Germany is contemplating higher borrowing have added to selling pressure

European investment fund acquires Dublin industrial estate for €6.75m

The industrial estate is adjoining Northwest Business Park and is within close proximity to the airport, Dublin Port Tunnel and the M2 and M3 motorways.

M&G Property puts £137m up for sale in 'controlled' asset disposal

M&G has continued the suspension of its Property Portfolio fund and its feeder fund in a bid to increase cash reserves.

LV finalises split with general insurance sale

The change would result in LV being governed by the Companies Act, but it would not change the company’s mutual status.

Greg Coffey hedge fund swings to profit as fees surge 300%

Kirkoswald Capital defied a challenging market for some of the biggest names in global macro investing in 2019

Turkey Wealth Fund Buys 10% Stake in Borsa Istanbul from EBRD

Zafer Sonmez, the CEO of the wealth fund, told Bloomberg in October that the fund was planning to boost its holding in Borsa Istanbul and then take it public.

Migrations and acquisitions: A year in adviser platforms

Platforms reloaded

Posh pet food firms loved by Prince Charles and Ed Sheeran want buyers to gorge on £150million feast

London-based Lily’s Kitchen was founded by Henrietta Morrison in 2008 after her border terrier Lily fell ill and refused to eat regular pet food.

Mercia contrite over small investors left out of £30m fundraising

Group needed money to buy two VCTs and allow Invesco and Woodford fund to cash out

Norway Wealth Fund CEO Says Successor Will Probably Be Norwegian

“It’s not very realistic that it won’t be a Norwegian,” he said. “Someone who’s able to say what this fund actually is, explain it in a simple way.”

ARA Asset Management sets up JV

Through the latest JV, ARA will be hoping it can leverage Venn’s specialty in European real estate private debt, which has built up a track record in areas including residential mortgages, commercial real estate, private rented sector guarantee sche

Meritz Sec buys Brussels building for $1.6 bn

Market observers saw the acquisition cost as too high for Meritz Securities

Bulgaria ups growth forecast to 3.6% in 2019: finance minister

Bulgaria, which has already pegged its lev currency to the euro, wants to join the euro zone’s obligatory two-year “waiting room”, the ERM-2 mechanism, in the spring of 2020.

Star manager’s fund plunges 60% in a year

About four-fifths of the fund is invested in tiny stocks listed on AIM, the junior market, which are traded less frequently than blue-chip stocks and get little coverage from analysts.

Dolfin Expands Product Offering to Include Gold in Portfolios

The investment universe available to Dolfin clients spans government bonds, corporate credit, equities, commodities and currencies via direct exposure to markets or the use of exchange traded funds, mutual funds, hedge funds, futures and options.

HSBC GAM agrees two new property deals worth USD363m

The property was offered to the clients of HSBC Private Banking as part of a Club Deal Programme, which aims to provide investors with access to prime real estate globally through a syndicated equity structure.

BGF Investment for Wine Brand Developer and Distributor

The investment was led for BGF by Alex Garfitt, Edwin Davies, James Skade and Hannah Waters.

Premier Miton launches multi-manager index fund

The fully diversified fund will add to the firm's multi manager range and will be managed by Wayne Nutland

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