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

Hungary hires Bank of China for yuan-bond road show

Hungary, a European Union member of nearly 10 million people, became the first European country to sign a cooperation agreement with Beijing on its "Silk Road" initiative

Blackstone to launch hedge fund platform Senfina in Britain

The managers' trading ideas are assessed centrally by Blackstone before the firm allocates money to invest.

Lombard International targets Asia with new presence and CEO

The new offices will be formally launched after necessary regulatory approvals.

BNP Paribas teams up with Orion Partners in Asia

Announce Strategic Partnership in Asia Alternative Investments

It looks like traders might have manipulated another huge market

They have not yet alleged any wrongdoing.

The Fund Governance Pure Player

DMS Executive Director Nicholas Parkes was interviewed by the magazine Andy a Luxembourg for its December 2015 issue.

Sovereign-Wealth Funds Agree to Invest $380 Million in Italian Property

Funds picking up Italian real estate as the nation’s economy recovers

Renowned fund manager under fire for 'heads I win, tails you lose' performance fee

A complicated performance fee means any gains above 1.25pc a year will see Hugh Hendry take more from investors

Momentum Factor Series launches on the Old Mutual Wealth platform

This move follows a number of other platforms including FundsNetwork, Cofunds, Elevate, Standard Life, Aviva, Zurich and Transact, all who have added Momentum Factor Series to their propositions since its launch in late 2012.

Groupe Arnault and LVMH join Catterton to set up buyout firm

Under the terms of this agreement, L Catterton will be 60% owned by the partners of L Catterton and 40% jointly owned by LVMH and Groupe Arnault.

Hedge Funds Are Shuttered as Investors Go With Europe's Big Guns

About 75 percent of the 294 European funds that closed last year managed $150 million or less, according to industry tracker Eurekahedge.

Boris Johnson urged to disinvest from bank linked to Saudi regime

Lib Dem leader Tim Farron calls on London mayor to put principle before profit and pull £100m of Greater London Authority funds from Saudi Riyad Bank

L&G considers selling its Dutch retail unit

Sale would mark the latest retreat from Europe as the big insurers revamp their businesses

Ex-Sainsbury's boss backs his own members' club

The cash will go towards opening a new site in London’s St James

Brookfield and KIC buy Berlin real estate

Brookfield Property Partners is the listed real estate business of Brookfield Asset Management, the global alternative asset group with more than $225bn under management.

Electra strikes £325m deal to buy Grainger Retirement Solutions

The acquisition subsequently brings a portfolio of more than 3,500 properties and 20 staff under Electra’s remit.

Man GLG adds 2 asset managers to long/short equity team

The pair worked together as portfolio managers in Moore Capital Management’s London office.

Insurance giants experience rough day on the London stock market

New estimates suggest cost of flooding disaster could be up to £5.8billion

Standard Life gets FIPB nod to raise stake in HDFC Life to 35%

The foreign insurer will pay Rs 1,705 cr for the additional 9% stake, valuing the company at Rs 18,951 cr

Aberdeen Asset Management reflects on £100,000 donated during 2015

Aberdeen Asset Management Charitable Foundation has donated more that £100,000 to a host of worthy causes in Scotland in 2015.