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

Guy Wagner (Banque de Luxembourg): After Brexit: losses in financial sector, safe havens benefit

Equity markets have reacted negatively to the UK’s vote in favour of exiting the European Union.

Catella strengthens management of Catella Reavinstfond and Catella Småbolagsfond

This evolution of our management and our team will help to create additional customer value and ensure the continued high level of our management going forward,” says Erik Kjellgren, head of Catella’s Swedish fund operations.

More than £3bn in multi-asset funds caught in property scramble

More than £3 billion worth of multi-asset funds have been caught up in the post-Brexit vote investor scramble to pull out of UK property funds, which caused a domino effect of fund suspensions.

Hedge funds record fourth consecutive monthly gain in June as global markets experience massive dislocations

Macro strategies posted their strongest monthly gain in over five years, while defensive hedging limited exposures of directional equity hedge and event-driven strategies.

U.K. Hedge Funds Look to European Watchdog to Ease Brexit Fears

The opinion will be closely scrutinized by London-based fund managers because it could become a template for when Britain exits the EU.

Jamie Dimon Says JPMorgan Could Move Thousands of Staff Out of U.K.

But that is now in doubt after Britons voted to leave the bloc.

Lockton’s London-based Asset Management Team Named “Best Insurance Broker”

We are honoured to receive the top award again and are just delighted to have received such positive testimonials from our clients.”

Property funds in ‘vicious circle of redemptions’

Fund groups say that while suspending trading does trap investors’ money, it also helps to ensure that those who cash out of the funds early do not leave the rest of the investors to bear the burden of price falls in the market.

Avignon Capital acquires White Stuff building in Norwich

The upper floors are let to Nigel Evan Matthews, who has been operating a successful hair salon from this location since 1963.

Gold Assets Top 2,000 Tons as the Clamor for Havens Grows Louder

The U.K.’s vote last month to quit the European Union has added further impetus to that pro-bullion mix.

Asian Investors Fear a Crash in UK Commercial Property

Of course the political vacum and ambiguous timing on the actual E.U. departure plans are not helping.

TMF Group launches common reporting standard services

In 2017, a second group of countries will implement the CRS, with the exchange of information starting in 2018.

Luxury homes at a 'bargain' price for overseas investors following Brexit fall in the pound

It claims there has been 'a bounce' in enquiries from overseas buyers after the vote at the end of last month and that investors could see a £2million purchase rise in value by £250,000.

Opportunistic foreign investors may swoop on UK assets as pound slumps

With the current exchange rate meaning they will get a better deal.

Quality strategy brings in the income

Since landing in London, the firm has launched nine income orientated ETFs

British Pound Plunges Further as Investors Flee to Yen

Sterling has lost over 14% of its value since last month’s Brexit referendum

Why closed-end residential funds are the safer option

It is LCP's view now that despite the negative sentiment currently surrounding the UK economy, PCL offers a strong upside.

Hedge funds gain as Sterling falls on Brexit

With strong gains in systematic and emerging markets managers only partially offset by discretionary fixed income strategies.

Legal & General sells Pubs & Brewery Group Liberation

Legal & General Capital focuses its investments in four key sectors: UK Housing, UK Urban Regeneration, Clean Energy and SME Finance.

L&G exceeds £200m of lifetime mortgage sales

The firm also posted total bulk annuity, individual annuity and lifetime mortgages sales of £4bn over the same period, despite financial turmoil in the wake of the EU referendum.

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