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

Alts boutique breaks ground with CLO Ucits fund

The portfolio primarily consists of high quality, resilient investment-grade CLO debt, focusing on minimising credit risk.

Covéa consults on job cuts

It is believed the move will impact up to 20 people.

AXA sells whole of market healthcare broker to PE firms

The Health Insurance Group is a leading whole of market healthcare broker, providing health and wellbeing solutions to both individuals and businesses.

Hedge Funds extended gains in early June

CTAs were the main detractor to the performance, hit by rising bond yields in Europe and the slide in oil prices.

Race to lead £1tn UK fund manager LGIM fires up

Sarah Aitken, Emma Douglas and Mark Johnson early contenders to succeed CEO Mark Zinkula

Former HSBC global banking boss to set up private investment business

"We think there is a gap in the market for long-term capital; ours is not 'five-year fund money' so we don't have money burning a hole in our pockets, and we can afford to be flexible and supportive of management when we see an opportu

Rathbones to launch global sustainability fund

Rathbone Greenbank Investments also provides the screening for the £1.2 billion (31 May 2018) Rathbone Ethical Bond fund.

deVere expands Italy division with new offices in Rome

deVere Group has today announced it is expanding its deVere Italia brand by opening offices for the first time in the Italian capital.

OMGI to merge absolute return fixed income funds as Purzitsky and Shanta depart

Joined in late 2014

Financial services firm opens second Irish office

Centaur Fund Services to create 20 jobs in new location over next two years

€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.

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