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

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

Ex-Soc Gen trader to start new fund

The move comes amid a shrinking hedge-fund industry in Europe

BlackRock sacked by investment trust board and replaced by Aberdeen

The board has moved to appoint Aberdeen Asset Management as its new manager, serving notice on BlackRock.

EU Fund Passport Should Be Extended

The European Commission has estimated that €2 trillion of investment in infrastructure is needed by 2020 to support Europe’s economy

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.

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