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

Polar Capital sees H1 pretax profit fall

Long-only equity funds in general experienced large net redemptions over the period and we were not immune from such industry conditions.

LME Steel Scrap wins industry award on first anniversary

Steel scrap open interest is also steadily building and stood at 49,130 tonnes at the end of November.

Poland agrees to buy back its second largest bank from UniCredit for $2.6 billion

UniCredit, Italy's only systematically important bank, hired French banker Jean Pierre Mustier as chief executive in July

Service Awards 2016: Company of the Year: Royal London

Both divisions occupy the top spot of their respective categories in 2016.

Catella: London is a winner in European logistics location ranking

The Market Tracker includes a European-based scoring model with 107 logistics regions compiled by Catella for the first time.

Schroders adds BAE and Google chiefs to board after pay revolt

Ian King and Avid Larizadeh Duggan will be named as non-executives at the asset management group, Sky News understands.

Billionaire Michael Hintze is cutting staff at his hedge fund

Hedge funds, hit by falling returns, have been cost cutting as investors withdraw cash.

London based Prime of Prime brokerage ISPrime continues to expand as TD and Credit Suisse executive Adam Walczak joins the company

After senior executive positions at TD and Credit Suisse, Adam Walczak joins ISPrime in London this week

Catella launches a new parking fund – Catella Parken Europa

Munich-based investment manager Catella Real Estate expands its investment portfolio with the asset class of parking by launching a new open-ended real estate special AIF, Catella Parken Europa. The fund has an equity target of EUR 200 million and will in

L&G sets aggressive profit growth target

While estimating the firm’s cash generation for this year at around £1.4bn.

Alliance Trust Savings halts new business

Alliance Trust Savings will continue to use Activebank for new business in the interim

The 13 richest hedge fund managers in Britain

Hedge fund manager Crispin Odey saw his wealth melt by £200 million ($287 million) this year to £900 million, according to the Sunday Times Rich List, released on April 24.

OppenheimerFunds backs London despite Brexit

Move seen as vote of confidence in UK’s financial future following EU referendum

Deutsche Boerse chief seeks to reassure Frankfurt on merger plan

The owner of the Frankfurt stock exchange is obliged by law to support the development of Frankfurt as a center for securities trading and Hesse's market watchdog has yet to give its view on the planned merger.

Royal London launches online trust service

The adviser answers a few questions and is directed to the correct trust form.

Standard Life European Private Equity To Change Policy And Name

At the close of the period, the fund had GBP532.6 million in net assets in its books.

Swiss Life establishes property fund platform for German investors

Swiss Life Asset Managers paid three German savings banks €210m for Corpus Sireo in August 2014.

Premier Asset Management hits £5 billion

The company started trading on AIM on 7 October, raising £47.4 million.

Catella Wohnen Europa fund acquires European residential portfolios

The acquisition is in line with the fund's investment strategy of incorporating residential properties throughout Europe.

Catella’s asset management launches new property investment company

There is large demand among clients for investments in high quality real estate projects

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