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

Hedgie’s bittersweet $1bn Brexit bonanza

Winton, which manages around $34 billion across 11 strategies, prospered to the tune of $1.1 billion (£828 million) following the UK’s shock decision to quit Europe in a referendum on 23 June.

Fears mount over Brexit threat to green infrastructure investment

The news follows warnings earlier this year that Brexit could limit the UK's ability to access funding from the EIB, leading to a direct impact on green infrastructure projects.

American financial services firm MIK Fund Solutions creates 10 jobs at Belfast base

Access to high calibre software development and finance professionals, and relevant time zones will help us grow the business

Singapore's Temasek buys stake in French investment firm Tikehau

Another new investor buying a stake in Tikehau Capital Advisors is French investment company FFP

Funds mark down UK commercial property

The writedowns are an indicator of property investors’ pessimism about the effect of the vote on their assets.

Liontrust takes on Verbatim’s active range

Verbatim is part of the Simplybiz Group and provides an end-to-end investment process for advisers.

Private equity groups look to profit from Brexit uncertainty

New funds have been raised since the Brexit vote.

Verdane holds SEK 3bn final close for ninth fund

Verdane's managing partner Bjarne K Lie told unquote" the GP had seen very strong demand for the fund, which is 50% larger than its predecessor.

CVC Credit Partners raises about $721 mln for fund

The Fund received commitments from investors in North America, Latin America, Asia, Europe and the Middle East.

A hedge fund manager with ties to the Royal Family made £110 million betting against the pound

The NuWave Matrix Fund was up 12% last Friday while Quadratic Capital Management reported its best returns since it launched.

Exclusivity's Losing Its Edge Europe's insurers warming to mutual funds

Cerulli Associates, a global analytics firm, says statistics suggest that, while insurers are leading the way, the trend in Europe is pan-institutional.

KPMG’s Debt Advisory team helps Northern businesses raise £1bn

We are also seeing a number of landmark deals nationally reflecting changing lender appetite for some sectors.

Catella closes successful capital acquisition for newly listed Baltic Horizon

The strong market reactions following Brexit have affected interest from certain investors in the short term.

Columbia Threadneedle builds Luxembourg presence on Brexit

However, Columbia Threadneedle has no plans to move its head office from London and added the vast majority of its employees will remain in their current locations.

Norway Bans Cairn & Kosmos From Investment Portfolio Over Western Sahara

The provisions exclude firms found to be causing environmental damage, making nuclear weapons, providing inadequate labor conditions and disrespecting human rights agreements.

Luxembourg Set To Take Over London’s Islamic Finance Hub Position In Europe

London and Luxembourg before where more complementary than competitive in the financial market, according to Nicolas Mackel head of “Luxembourg for Finance,” the promotional agency for the development of Luxembourg as a financial centre, but t

German real estate group IVG plans $3.3 bln asset sale

While the base case is an IPO, expressions of interest by potential buyers are due next month and first bids in September, the sources said.

Catella financial advisor to MaxFast Properties

The real estate portfolio of MaxFast Properties consists mainly of properties for consumer discretionary retailing in strong local positions in small and medium-sized municipalities.

Standard Life Investments expands portfolio

The fund has invested €25 million in the forward funding of a new 33,300 sq m logistics facility in Vianen, central Netherlands, in conjunction with development partner, EProp.

Property funds braced for hit to real estate values

The fund house, the UK’s third-largest listed manager, has lowered the price of its UK property fund by 5 per cent following advice from its independent property valuers, CBRE Limited.

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