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

Boutique nets £7.25m from property sale

The remaining balance will be added to the firm's net cash balance sheet position, which will be used to support its growth strategy.

7IM launches multi-asset passive fund range

The funds will invest in a range of asset classes including equities, government and corporate bonds, index linked gilts, cash and near cash, real estate and certificates of deposit, via exposure to futures and funds.

Brunel pool to invest £5bn in private markets as it seeks head of asset class

They will then be asked to investigate and develop co-investment, bespoke funds, and join ventures in an effort to find more direct and efficient approaches.

LPC-Banks to sell £647m loan backing Civica buyout

The financing comprises a £450m first-lien loan, a £97m second-lien loan and a £100m revolving credit facility, the sources said.

Warburg Pincus Completes Acquisition of 49% Stake in Fortune SG from Societe Generale

This transaction will have a limited positive impact on Societe Generale's financial ratios.

Global expands its real estate holdings in the UK

We see great opportunity in the retail warehousing sector due to its resilience to the rise of the ecommerce industry.

Bell Pottinger's Middle East arm to split from London parent

BPME said that it had received interest from a “wide range of potential investors,” and that its management intended to take over the unit.

LME sets out strategic pathway to drive growth

The London Metal Exchange and LME Clear (together, the LME) today set out their strategic pathway following a comprehensive period of engagement with their users.

Aurora seeks to build on turnaround with share issue

The board is seeking authority to issue a maximum of 150 million new shares over the next 12 months, around four times the current number of shares.

Capitol sale funds JCD

Cork has proven itself to be an attractive location for both occupiers and investors and is a viable alternative to Dublin and other markets.

Ashmore profit rises on emerging markets strength

The emerging markets it focuses on have continued improving and that it believes the recovery has further to go.

Franklin Templeton brings ETF business to UK market with quadruple launch

Franklin LibertyQ UCITS ETF range

Panmure Gordon launches investment banking services after sale

City stockbroker to offer private fundraising, debt capital and advisory and M&A

Inside the coolest hedge fund in town. The motivational duffel bag

Two Sigma has old computer equipment adorning the office as artwork.

Invesco completes €530 million hotel portfolio deal

We are delighted to welcome new investors to our European business, many of whom are taking their first steps into the European hotel real estate sector.

SA’s Knife Capital opens in London after new investment

The transaction was facilitated by entrepreneur and angel investor Bob Skinstad

Seneca launches property investment with £20m acquisition

As he feels there is less competition for assets there.

Russia wealth fund targets bigger Transneft stake, proposes share swap

Only Transneft’s preferred shares are traded and RDIF became a shareholder this year after United Capital Partners.

Diment poised to head Aberdeen Standard Investments EMD team as House departs

Following the merger of Aberdeen and Standard Life

Should you invest in a newly-launched fund right away, or wait until it builds up a track record?

So just how should investors broach new fund launches when deprived of such a luxury?

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