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

UAE expats look to UK for buy-to-let deals

British expats in the UAE are taking advantage of rising rents in the UK to snap up buy-to-let properties, experts report.

Harwood Capital Management buys discretionary fund manager

The Tunbridge Wells-based company, which has £185m in assets under management, will be an integral part of Harwood’s multi-manager business.

Manchester office of Altium advises Singh family on £1.9bn sale of New Look

New Look is the leading fast fashion retailer in the UK for the under 35s with more than 800 stores worldwide.

NYSE Announces Bitcoin Index

The New York Stock Exchange, part of the Intercontinental Exchange global network of exchanges and clearing houses, today announced the NYSE Bitcoin Index, the first exchange-calculated and disseminated bitcoin index.

HSBC's Alternative Investment Group to get new leader

HSBC's alternative investment business manages and advises for more than $28 billion of client assets in hedge funds, private equity and real estate.

Scots tycoon Greg King at the centre of £400m hedge fund collapse refuses to apologise to investors on flying visit home

Multi-Millionaire King, based in Spain, referred all questions asked by the Sunday Mail to blue-chip lawyers Carter Ruck

Asia alts managers shun UK amid uncertainty

Only a handful of Asiabased alternatives managers applied for a licence to market funds in the UK last year, new data reveals, as they wait for the EU to finalise regulations. But US managers are still keen on Britain.

Dexion teams up with ex-MPC member Wadhwani for fund launch

Dexion Capital has joined forces with former Monetary Policy Committee member Dr Sushil Wadhwani to spearhead a push into the open ended market

Orchard Street acquires 64/76 New Oxford Street on behalf of St James’s Place Wealth Management.

Orchard Street Investment Management has completed the acquisition of 64/76 New Oxford Street, WC1, for £36.5 million on behalf of St James’s Place Wealth Management.

RLAM launches Enhanced Cash Plus fund

The new fund will invest in money market instruments and short-dated investment grade debt

Guernsey funds raise €1.55bn for Waterland

Waterland Private Equity Investments has closed Waterland Private Equity VI following a successful fund-raising after just three months in the market

Qataris buy £40m six storey Mayfair mansion

Property deal seen as key move in Qatari family's bid to create Mayfair enclave

EEA Group rebrands ahead of LLP launch

EEA Fund Management’s parent company has rebranded and created a new subsidiary as it moves away from the name associated with its troubled life settlements fund

Chinese sovereign wealth fund bets on Irish property market revival

CHINESE Investment Corporation the sovereign wealth fund of the People’s Republic of China, is part of a new commercial property debt fund, which is backing the purchase of projects out of Nama.

West Africa Oil Tycoons Demand More Luxury Properties In London

Increased interest in West African oil from European countries has made London a center for oil Tycoons from Nigeria and other countries in the region to reach and meet their clients. They use London as their base to travel on to other European markets.

Alternative Investments