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

India, UK to sign pact on infrastructure investment at G-20 Finance Ministers meet

The G-20 Finance Ministers and central bank governors meeting is scheduled to be held on February 26-27 in Shanghai.

Close Brothers Asset Management to open new Gatwick office

The official opening on the 28th April will run from 5.30pm – 8.00pm at the new office near the South Terminal (First Point, Buckingham Gate, RH6 OPP) and will include drinks and canapes.

BBVA Shutters Venture Arm For $250M FinTech Fund

The parent company will then take the $100 million it had in that fund, along with an additional $150 million, and form a venture capital arm to be known as Propel Venture Partners.

Quilter Cheviot Annlounced as Headline Sponsor for First Ever BBC Countryfile Live

Quilter Cheviot is delighted to support the major new event, which will provide a fun, inspiring and informative great British day out for the whole family.

Credit Suisse Rises as Biggest Shareholders Seen Investing

Credit Suisse’s shares rose as much as 8.9 percent in Zurich trading Monday and were 4.7 percent higher at 10:31 a.m.

Will ETF asset boom continue in 2016?

ETFs and ETPs listed in Europe gathered $82bn in net new assets in 2015 – a 32.5 per cent rise above the previous record level of S$61.8bn seen in 2014

Hedge fund giant Citadel takes out bet against Schroders

To short the stock, Citadel has paid to borrow shares from a large investor before selling them to a third party.

Uber adds another $200M from Luxembourg firm

In continued quest to bring ridesharing worldwide, Uber picks up new funding for western Europe

BlackRock says no need to stress test mutual fund sector

Stress testing funds individually, as regulators have tested banks in Europe and the United States since the financial crisis

Key Retirement to hire 40 extra advisers

Mr Mirfin said he expects a 25 per cent increase in new business this year.

Dhalia targets Russian clients

From the application process to required documents and government fees, the journey can be long and perplexing.

Hedge funds should not turn themselves into huge investment houses

When you have more and more institutions posing as hedge fund managers there is danger to the hedge fund industry.

US groups focus on Irish distressed assets

Private equity groups are also accessing real estate through the acquisition of debt, acquiring the loans of retailers.

Chinese investors put up to £50m into city

Shanghai-based PGC Capital is close to signing a deal to fund a luxury apartment development in central Manchester.

Irish ICAV attracts significant fund manager interest

The end result was the introduction of the Irish Collective Asset-Management Vehicle or ICAV, a new corporate vehicle that over the last 12 months has already proven to be more successful that was initially anticipated.

Crowdfunded claims firm calls in administrators

The 109 people who made contributions to the claims firm, which ranged from £5,000 to £135,000, are now watching their investment swirl around the drain.

Debevoise Advises HarbourVest in the Acquisition of Interests in Bridgepoint Europe III

The total equity commitment of the acquisition is in excess of €360 million, with an aggregate enterprise value in excess of €2 billion.

Fidelity latest broker to abandon Crest

Personal Crest accounts allow investors to be named on shareholder registers as the legal owners of shares, enabling them to receive company accounts and voting rights directly.

Directors want to be considered trusted partners by new manager

Harbor particularly enjoys working with new managers who are setting up a best-in-breed shop from day one

Chris Blackhurst: Truth behind ‘sold’ signs as foreign buyers go cold on luxury London homes

The irony is that Berkeley is one of the more carefully managed builders.

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