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

€45bn pension fund awards AM firm ‘green impact’ mandate

KBIGI manages around €800 million in water assets (pre Ap7 mandate), €183 million of which is in the Ucits fund.

Sancus BMS Group targets £1bn of lending by 2020

“This year has seen the launch of our online reporting platform for co-funders of asset-backed loans, a new £50m funding line, the integration of Funding Knight into the Sancus Group and continued growth across the business,”

Bids by Chinese Buyers Face Increased Scrutiny in Europe

China is a trading partner with Germany, but it’s also a major competitor. Although its capabilities aren’t yet as advanced, it is swiftly catching up.

Invesco forges adviser links with Intelliflo deal

Invesco has entered a direct relationship with advisers with the purchase of back-office software provider Intelliflo for an undisclosed sum.

Multi-asset funds stick with stormy emerging markets

A strong dollar, geopolitical risks and uncertainties over Turkey and Argentina have battered emerging markets. But multi-asset funds are sticking with them.

IA calls out bond market inefficiencies

The Investment Association has called for reform in the bond markets to address certain inefficiencies which are leaving investors ill-equipped to make informed investment decisions and trapped in illiquid positions.

Aegon admits advisers using platform face huge delays

Aegon emailed one particular adviser with a menu of the time delays he should expect when using the platform to perform a wide range of functions.

Norway's wealth fund backs content controversy motion at Alphabet

The Norwegian fund, which owns 1.4 percent of all globally listed shares, held a 0.8 percent stake in Alphabet at the end of 2017

Impax Asset Management Interim Profit Doubles With Strong Net Inflows

Impax said it saw particularly strong inflows from asset owners in Continental Europe and North America.

U.S. hedge fund Hudson Bay to open London office: sources

Britain continues to be a popular destination for U.S. hedge funds seeking to trade financial products in Europe in spite of its upcoming exit from the European Union.

Savills acquires Cluttons Middle East

Acquisition gives Savills its first wholly-owned business in the region.

Samsung selling Commerzbank’s £425m London HQ

The South Korean investment fund has asked London property firms CBRE and Knight Frank to advise on the sale.

Investec AM expands Portuguese operation

The Investec Global Insights conference will sees financial advisers, private banks and fund selectors discuss key themes and drivers in investment markets.

Why is a U.S. regional expanding to Germany?

Expanding in Europe makes sense, said Dan Kimerling, a former head of research and development at the bank who is now the general partner at Deciens Capital.

AFH to scrap platform costs for clients

The only question mark is the timescale over which it occurs.

Oppenheimer Establishes Frankfurt Office

Firm Expands Global Technology Investment Banking Business and European Footprint with New Office

Richemont sells Lancel

The transaction will have no material impact on Richemont’s balance sheet, cash flow or results for the year ending 31 March 2019.

Aberdeen Standard launches China onshore bond fund

Aberdeen Standard as a group has been investing in the Chinese bond market for many years for its regional fixed income portfolios.

Boutiques team up for EM Alt Ucits fund

The fund launched in mid-May and has already garnered around $50 million of institutional capital.

Fund managers hunt for bargains after Italian shocks

Some are finding buying opportunities in Italian banks and Spanish and Portuguese government debt

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