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

Woodford to absorb fund research costs and heighten transparency on total cost of investing

Research costs are a function of our role and we believe it is only right that Woodford, not our investors, pay for it.

Peregrine Guernsey appoints Northern Trust for Global Custody and Fund Administration

The funds will be administered from Northern Trust’s Guernsey office and add to its growing client base in the Channel Islands where Northern Trust provides a range of fund administration solutions, banking, global custody, depositary, credit and fi

Africa watches as Kenya prepares to test Eurobond waters

Despite the difficulties, some African Eurobonds have been outperforming, thanks in part to the bounce in oil and metals but also on the back of some potential turnaround stories, something all investors love.

Unigestion’s Direct Opportunities Fund Sees Successful First Close

Unigestion has announced that it has successfully held the first close of its private equity fund, Unigestion Direct Opportunities 2015.

ESMA recognizes SIX x-clear as a third-country CCP under EMIR

The ESMA board of supervisors yesterday approved the application of SIX x-clear Ltd as a central counterparty under the European Market Infrastructure Regulation.

Natixis Global Asset Management Launches New Sustainable Equity Fund

Applies a Thematic Approach to ESG Analysis for Investors Looking for Impactful and Responsible Management

ACM Vie, Amundi close €271m Paris office buy

A joint-venture between insurer ACM Vie and funds managed by Amundi Immobilier has completed the acquisition of an office building located at 2-8 rue Ancelle in Neuilly-sur-Seine, Paris region for €271 mln.

Asset management: Allianz plays the long game

Allianz’s life business contributes roughly €500bn of investment capital, with the property/casualty business contributing the remainder.

Principal Global Investors Selects Eagle Solution to Support Global IBOR

Multi-boutique asset manager to benefit from consolidated platform

Edmond de Rothschild launches second infrastructure debt fund

The new Luxembourg-regulated fund will have the same investment philosophy as the previous generation and is aiming to raise between EUR 400 million and 800 million.

Fidelity Investments cuts valuations on numerous start-ups

The writedowns also reflect declines in technology share prices more broadly, as companies such as Twitter, LinkedIn and Salesforce have seen share prices sink.

Global funds cut equity holdings to lowest in at least five years

Several managers said they were trying to avoid taking bets on markets rising or falling, preferring to maintain a neutral stance on risk assets, considering the volatility seen in markets in the first quarter.

Assetz Capital sets out IF ISA plans

Investors – both new and existing – can open an Assetz Capital IF ISA by choosing one or more of the four existing investment accounts on offer. These will run alongside existing Assetz Capital investments, from the same account log-in for sim

HSBC merges multi-manager funds

The reason behind the merger was to incorporate the Growth Fund of Funds into a mandate with a wider investment scope and lower overall charge.

Flexible strategy wins Old Mutual fund 5 stars

This compares well to its Investment Association Mixed Investment 40-85 per cent peer group, which has returned 11.8 per cent in that time.

Mobius steps back as Templeton Emerging revives

Mark Mobius relinquishes control of Templeton Emerging Markets Group amid signs of recovery in its flagship investment trust.

Mats Andersson to Receive Lifetime Achievement Award

When he joined in 2006, AP4 had SEK 180 billion ($22 billion) under management and was the smallest of the four main AP funds

ASIC Partners With UK Regulator On Fintech

ASIC and the UK's Financial Conduct Authority have signed an agreement to work together to grow fintech businesses.

Old Mutual Wealth boss takes new game in his stride

The handful of conglomerates that remain on the stock market are historical anomalies.

Wealth and fund firm heads back Vote Leave

Other big names featured include Tim Martin, chairman of pub and restaurant chain JD Wetherspoons.

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