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

The unlamented decline of the hedge-fund manager

For most young financiers, hedge funds was the sector to work in – the founders made tens of millions, while the staff were invariably paid far more than they would be elsewhere.

Societe Generale announces the new SG CTA Mutual Fund Index

Societe Generale Prime Services has announced the creation of the new SG CTA Mutual Fund Index, a performance benchmark for 1940 Act U.S. registered mutual funds that pursue managed futures strategies.

AXA IM to launch UK multi-cap fund for Thomas and St John

AXA Investment Managers is launching an unconstrained multi-cap UK equities fund for Chris St John alongside industry veteran Nigel Thomas.

BlackRock expands ESG product range with fixed income ETF

The index also omits debt from companies who are involved with controversial weapons, such as cluster bombs, land mines and chemical and biological weapons.

Cantillon: Clydesdale is eyeing listing in early February

Parent group National Australia Bank hoping to offload UK subsidiary

‘ICBC Standard Bank buys bullion vault’

These banks are shareholders of the London Precious Metals Clearing (LPMCL) company.

Old Mutual's Gillham moves to offset China fears

The funds’ maximum underweight position would be a third

Dubai company on verge of buying City of London office

Continuing its spending spree in the capital as the collapse of oil prices sees Middle Eastern investors look to increase their overseas exposure.

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