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

German economy grows 1.9%

Buoyant jobs market and strong domestic demand drives fastest expansion in 5 years

Foxtons sounds the alarm over London’s property market after revenue fall

In their statement to the stock exchange this morning, Foxtons Chief Executive, Nic Budden, admitted that it expects the challenging market conditions to continue into 2017

Another record-breaking year for Simon-Kucher

Among other locations, new offices are set to be opened in Hong Kong and Shanghai.

Savills bolsters Channel Islands presence with commercial acquisition

The team of nine, who will all join Savills with immediate effect, is led by managing director Tony Rowbotham who has over 30 years experience in the industry.

Panmure Gordon To Return To Profit For 2016 As Revenue Increases

Panmure Gordon's full financial results for 2016 are expected on March 28.

Bain Capital Private Equity acquires MSX International

MSXI provides specialised technology based services to the automotive industry

Canadian private equity fund to target Yorkshire firms

The firm will also be opening offices in Dallas and Philadelphia in the first quarter of this year.

GAM goes global with third Systematic Ucits fund

The fund is managed by the Cantab investment team, a multi-strategy boutique acquired by GAM last summer.

UK arm of fund manager makes £8m loss

This saw Martin Currie’s range of global open-ended funds merge into Legg Mason’s at the end of the 2015/16 financial year.

Vulture fund met finance officials ahead of tax loophole closure

The primary concern was to protect investment in Irish-regulated cross-border funds from being taxed.

Auckland's CBL completes €94m purchase of French insurance creator

The acquisition of SFS is expected to provide important strategic benefits for CBL

Henderson suffers outflows ahead of Janus merger

Anglo-Australian asset manager reports £1bn in outflows from retail clients in the third quarter

BMO Global Asset Management adds EM to suite of ETFs

The indices take a multi-factor approach, first screening stocks for quality and then for stocks with the highest dividend yields.

The 18m traditional London home with an oligarch’s upgrade

It has recently undergone an extensive refurbishment by the Chelsea-based antique furniture specialist Tarquin Bilgen and by Mathew Bray Decorative Arts studio.

Amundi already wins business for Luxembourg-based pan-European IORP

According to Lemaire, Amundi’s IORP aims to attract defined contribution plans from France, Spain, Germany, Italy and the Netherlands.

This UK city has one of the hottest property markets in Europe

Bristol’s success is the result of has more favourable market conditions, being “fuelled by low mortgage rates, and a structural undersupply of housing,” according to Kate Everett-Allen, international residential research analyst at Knig

“Impact investing” inches from niche to mainstream

More and more investors are looking beyond just financial returns

Brexit-backing hedge fund billionaire Crispin Odey suffers record losses as UK stock market surges to all-time high

The financier has seen his flagship fund lose almost half of its value in a year after betting against the British economy

Lone Star picked as top candidate to buy Portugal's Novo Banco

Portugal had hoped to decide on the sale of Novo Banco by the end of last year, ahead of a final August 2017 deadline for the sale.

London Stock Exchange sells French clearing business to Euronext

THE London Stock Exchange has agreed to sell its French clearing business for 510 million euros (£432million) to ease regulatory concerns over its planned merger with Deutsche Borse.

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