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

SYZ Asset Management launches European income fund

Managed by head of European equities Michael Clements

Everything Is for Sale in Cyprus, and China’s Buying

The tiny Mediterranean island is throwing open the gates, while Germany and France build barriers.

AMP Capital to acquire 49 per cent stake in London Luton Airport

The airport is operated under a concession agreement with Luton Borough Council.

Boal & Co Launch Flexible Pension Freedom Scheme

Switches between the two regimes would be fee free, other than any tax or transfer charges that may apply.

Witan hands mandate to boutique investment manager

Firm spun out of Odey Asset Management

Clearstream buys UK fund platform from Zurcher Katonalbank

The deal allows Clearstream to expand its funds services to include management of distribution contracts and data processing.

£8m bonanza for Hermes chiefs, including boss Saker Nusseibeh

It was a bumper year for the company, which made a pre-tax profit of £21.6m, more than double the figure in 2016.

Ashburton enlists Fidelity to run multi-asset funds

Ashburton, the asset management arm of the FirstRand Group, will maintain responsibility for the clients and the distribution of the service.

Invesco relinquishes Causer and Read trust in fee row

‘This letter has been sent notwithstanding the detailed and extended efforts of the board to reach satisfactory ongoing contractual arrangements (including in respect of fees payable) for both shareholders and the current manager having regard to pr

Fairstone makes third acquisition of 2018

Sims is the latest firm to be fully acquired by Fairstone after joining its downstream buyout programme in July 2015.

Tatton adds £1bn in assets as it approaches IPO anniversary

Tatton was admitted to the AIM market in July last year after an £87.2 million IPO. Paul Hogarth group chief executive, said the firm’s increased profile since the IPO would increase asset inflows.

The Brexit Countdown - Mark Ward, Head of Trading at Sanlam UK

This has provided the UK with a welcome tourism boost, albeit at the expense of the British holidaymaker looking to travel overseas, and the eventual Brexit bill payable to Brussels in Euros.

Fund managers unveiled for 120m pot

The investment fund, managed by The North East Fund, will provide financial support for more than 600 businesses, creating about 3,500 jobs and leaving a legacy of up to £80m for further investment into the region.

Generali sells €540m Belgian unit to Athora

Frédéric de Courtois, group CEO global business lines & international, stated: “This deal underlines our continuing efforts to optimize the Group’s international reach across the world."

Collab Winners Are ‘Building a Long-Term Relationship’ with MetLife

The eight finalists will be invited to attend the collab Summit EMEA and Demo Day in London on 11-12 July 2018 to present their solutions where the ultimate winner will be announced.

ETF Investors Favour Emerging Markets in 2018

Investors scaled back their ETF purchases in March, but in the first quarter of 2018 there were some clear favourite areas of focus

DunPort gets €283m to fund SMEs

The fund will target companies with sales of more than €5 million

Vistra Named ‘Fund Administrator of the Year’

The award recognises the overall achievement of fund administrators in the calendar year of 2017

Allianz GI unveils 'outperformance' fee on fund range

On any day the fund outperforms its benchmark, the outperformance will be accrued as a fee.

FSCS declares hedge fund firm in default

At the start of 2017 RSM was appointed as the liquidators to wind up the business.

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