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

The world's largest asset manager is buying European banks ahead of Italy's referendum

BlackRock has been scaling up exposure to European banks

Schroders unveils credit income fund

The principal aim of this fund is to deliver a consistent and attractive income

Old Mutual Global Investors launches style premia fund

OMGI currently manages GBP7 billion in hedge fund strategies.

Legal & General And Coventry Building Society Announce General Insurance Partnership

The partnership agreement with the Society will start in January 2017, with existing insurance customers having the option of taking out a policy with Legal & General from that date.

Spain, Qatar eye $1 bln Latam investment fund signing in 2017

The QIA has in recent years been seeking to diversify its portfolio away from European assets, announcing in 2014 it would put $20 billion into Asia.

Revealed: the cheapest investment trusts

It also found that asset managers were typically not passing on the cost efficiencies gained by having larger funds to investors.

Three bidders in race for Pioneer

But one of the sources said the price was not the only factor UniCredit was taking into account.

Meffs Launches Wind Derivative Contracts

The launch of these new products is the response to the growing interest among producers of renewable energy seeking access to specific hedging instruments in the electricity forward market.

London Stock Exchange Group’s ELITE expands to Malta

ELITE signed an agreement with Budapest Stock Exchange to launch a tailored ELITE programme in Hungary.

Generali to exit weaker markets, cut costs

The company denied that it was considering laying off 8,000 workers outside Italy.

Allianz to set up China fund unit to target investments abroad -sources

Allianz is looking to tap into Chinese investors' growing demand for overseas assets, which has been accelerated by a weakening yuan.

BlackRock Frontiers bounces back with 30% return

BlackRock Frontiers investment trust rebounds from disappointing 2015, buoyed by an Argentinian recovery and the weak pound.

MHA MacIntyre Hudson acquires Grant Thornton Northampton operation

MHA MacIntyre Hudson has completed the acquisition of part of Grant Thornton UK LLP

New UK hedge fund launch attracts senior traders from Spain

Engadine received authorisation from the UK’s Financial Conduct Authority earlier this month and has been slowly building its team.

First Eagle Investment Management: Active Investing For Today’s Markets

Asset prices are generally high, not low

Legal & General in advanced talks to sell Dutch operations to Chesnara

The sale will form part of the exit strategy from non-core businesses, as it bolsters its presence in larger pension transfers.

Prudential eyes expansion in China

The province has enjoyed accelerated economic development in recent years.

Catella exclusive advisor on Slussgården’s acquisition of Snäckan 8 from Skanska

Catella initiated the deal with current owner Skanska, which enabled a purchase prior to the start of construction.

Offshore hedge funds fear being frozen out of the EU

Plans to allow alternative managers to target European investors have stalled

Aberdeen Drops Pioneer Bid Saying EU3.5 Billion Price Too High

UniCredit is selling Pioneer to strengthen its finances and boost capital.

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