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

Fidelity scraps misfiring regional equity fund

It would be liquidating the Luxembourg-domiciled fund on at the end of August.

Witan drops global managers to boost active share

Before Bell’s appointment in 2010 Witan was frequently criticised for its inactivity

London Stock Exchange to acquire The Yield Book and Fixed Income Indices from Citi

Barclays Bank PLC, acting through its Investment Bank acted as financial advisor to London Stock Exchange Group. Freshfields Bruckhaus Deringer LLP was counsel to London Stock Exchange Group.

Janus Henderson merger completes

In October, Henderson and Janus announced they were to merge to create a company with $320bn assets under management.

Bond funds reach highest monthly net sales ever in March 2017

Long-term UCITS recorded net sales of €60bn, compared to €52bn in February.

Insurance firm Aviva uncovered £250,000 worth of insurance scams every day in 2016 for whiplash and theft

Aviva turned down £85million worth of fraudulent claims

Legal & General reported to be looking into buying British Steel pension scheme

Tata has been negotiating with unions on a restructuring of the scheme

Blackstone regains crown as world’s largest property manager

Real estate fund manager’s assets grow to €143bn, pushing Brookfield into second spot

UK press freedom must extend to hedge funds

Miles Johnson wants transparency from an industry ever more reliant on pension schemes

Norway’s $950 bln wealth fund commissions research on climate change

The studies will be carried out at Columbia University and New York University, it added.

No bonuses for managers at new-style ethical trust

The People’s Trust, which he said would issue a prospectus in September.

British fund managers in Brexit Brawl

Success was the necessary ingredient of failure

Neptune furthers EMS integration partnership with TS

This enables institutional investors to be more effective and targeted when looking to execute large size orders in products such as corporate and emerging market bonds.

Woodford-backed investment trust in merger after underperformance

The two firms will now work to implement a more flexible investment strategy for the trust, tapping into a wider spectrum of opportunities and allowing more exposure to sterling-denominated assets.

Premier Asset Management Reports Quintupled Interim Pretax Profit

Premier said it saw total net inflows of GBP311.0 million over the half-year, compared to GBP422.0 million in the same period the prior year.

STM considers Qrops ‘buying spree’ as European units downsized

In response to changes imposed by the UK budget on the costs of transferring certain pensions to a QROP, management was quick to launch the International SIPP from its UK SIPP business as an alternative product to the Gibraltar or Malta based QROP proposi

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