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

Gresham House to buy five Scottish forests in £12.1m deal

The portfolio of five forests it will purchase in the west of Scotland span a total of 4,880 acres.

Miton’s David Jane: “We find the concept of negative yields difficult to understand”

The policy is supposed to stimulate the economy by encouraging individuals and companies to borrow more as it is cheaper and encourage savers to invest in riskier assets rather than leave their money on deposit.

Schroders launches first liquid distressed fund

The fund will be externally managed by New Generation Advisors, which has a 26 year track record investing in distressed securities.

Investors gain 9% return on convertible bond in AIM-listed business

The balance of the consideration has been funded through the issue of new ordinary Venture Life shares worth a total of £1.7m, and existing cash resources.

AnaCap snaps up Italian NLPs, continues pondering new digital bank

AnaCap is also interested on launching itself into the crowded digital banking arena. Under the project name “Abacus”, the private equity firm plans to square up to the likes of Atom Bank and Mondo.

Swiss group brings US equity star's fund in-house

There will be no changes to the investment process and the team will remain in Portland where they will continue to manage the fund.

Advantages of pooling funds

The government should not turn the pension plans into an arm of its economic development agency.

Cherie Blair’s healthcare business shuts to leave investors with huge losses

However, documents seen by The Telegraph show the Allele Fund, a private equity fund registered in the offshore tax haven of the Cayman Islands, is being shut down.

Pay for UK bosses is ‘absurdly high’, top headhunters admit

Slashing huge salaries ‘would not hurt economy’, says report as new analysis finds leading CEOs earn average of £4.6m a year

Chubb invests in cyber risk with new solution for Europe

The policy provides comprehensive cyber risk cover, including for first party business income loss, data restoration, cyber extortion, third party liability arising from privacy and security incidents, and for crisis response costs.

Avignon Capital sells Louis Vuitton retail investment in Copenhagen

The super prime retail investment was acquired by Avignon Capital in 2012.

Old Mutual Int’l offers offshore bond for Swedish investors

Old Mutual International has launched a new whole-of-life portfolio bond with special custodian features that have been tailored specifically for Swedish investors.

Aberdeen Asset Management kicked out of FTSE 100

Aberdeen’s reliance on emerging markets saw it report a £9.1bn net outflown in January over the final quarter of 2015.

Hermes could offer UK local authorities tailored infrastructure vehicle

Hermes Infrastructure currently has six UK LGPS clients invested in its Infrastructure Fund I vehicle, having treated the schemes as a single client class.

Novia Global expands offering to support advisers dealing in the pensions market.

Launching the Novia Global Retirement Account

Intrinsic bids for Tenet as Aviva eyes mortgage arm

Old Mutual Wealth’s interest in the pensions and investments business points to a possible break-up.

The Adviser Centre launches Video Factsheets

The videos include funds from a range of IA sectors and are available on The Adviser Centre website, within the Fund Search area.

Amundi appointed to run EMD mandate for NEST

Has run EMD funds since 1999

Bulgaria economy minister to sign agreement on new OP SME Initiative

The budget of the new operational programme is estimated at EUR 102 million.

Adding a green hue to raising funds

But while green bonds gain in favour, their parameters need better defining

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