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

Gross Wins Back $272 Million Fund as Old Mutual Keeps Faith

Old Mutual Global Investors transferred management of a $272 million bond fund to Bill Gross at Janus Capital Group Inc. from his previous firm, Pacific Investment Management Co.

Scottish Friendly purchases oldest UK firm

Scottish Friendly Assurance has acquired Marine and General Assurance as part of plans for growth and diversity, Fiona McBain has announced.

Human cash machine plots next move

Chris Rokos made $900m as a star trader at Brevan Howard. Now he’s starting out on his own

Ex-Brevan Howard star targets $2.5bn for new fund

According to the Sunday Times, the new macro fund could give investors the option of paying Rokos a 1% management fee and a 30% share of earnings

AJ Bell Attracts £21 Million Woodford Investment

Woodford Equity Income Fund and Woodford Patient Capital Trust become shareholders

Luxury property chief on social housing, Armaggedon and how to spot the next housing market crash

Alex Michelin, co-founder of Finchatton, forecasts the end to this London price boom but forsees steady growth

Principal protected note linked Liquid UCITS Alternative Funds to pay 2x excess return over LIBOR

Sky Fund LLC , a regulated US asset management firm, has entered into an index advisory agreement with a European ‘A’ Rated bank by S&P and Fitch Ratings

Pension Corporation in £2bn float talks

The listing of the pensions buy-out specialist could mean a pay-day for state-backed banks that have stakes in the business

Fine wine merchant aims to make a splash with crowdfunding

A fine wine merchant in Knutsford is seeking to raise up to £450,000 in return for a 45 per cent equity stake in the business, with one of the management team telling Insider that funding would give it "a realistic opportunity to take a larger

Ex-Pelham Capital’s Martin Said to Plan New London Hedge Fund

The new fund will make long and short bets on share prices in multiple industries and is planning to start trading in the fourth quarter, said the person, who asked not to be named as the plan is private. Martin declined to comment.

Deutsche Asset & Wealth Management's Mike Bellaro Overhauled His Trading Desk. Here's How.

Bellaro's mission was clear - update his trading desk, deploy new technology and beat the competition. Traders gets an inside look at just how he did this and how it might help make DB bigger than Goldman Sachs.

Sigma plans 700 new jobs for city base

Major boost for finance sector as Redditch firm takes space in Mclaren with more staff to come over coming 18 months

Jamie Oliver may be looking to private equity to fund international expansion plans

The private equity firm behind Hobbs shoes is in talks with Jamie Oliver about acquiring a slice of his business.

Former Standard Chartered board member to launch Africa-Asia private equity fund

"It's an arc connecting Indonesia to South Africa, very much focused on the South-South flows,"

Sigma Capital extends rental home tie-up with Gatehouse Bank

Edinburgh-based Sigma said new agreement extends 2013 agreement for a potential £700 million overall joint venture over four years to deliver 6,600 new Private Rented Sector homes to a potential £1 billion over five years to deliver 10,000 new

Hedge fund investor bemoans lack of pure currency hedge funds

A lack of attractive investment opportunities in pure currency hedge funds means investors looking for FX exposure might be forced to invest elsewhere.

Aegon and La Banque Postale complete asset management partnership in France

Aegon has completed a strategic asset management partnership with La Banque Postale

Neuberger Berman establishes Italian private equity team

Neuberger Berman has formed a strategic partnership with Intesa Sanpaolo to pursue direct investments in Italian companies.

It’s all for one, not one for all, at Norway’s sovereign fund

The Norwegian fund, which is so large it owns an average 1.2% of listed companies worldwide, has begun to take an increasingly active stance

Plus500's biggest shareholder just slammed Playtech's takeover bid as 'opportunistic'

Playtech then swooped in with a low-ball bid two days ago.

Alternative Investments