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

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.

ROI Land Investments Bolsters German Operations

As part of their international growth strategy, ROI has opened an office in Stuttgart that will serve as a hub for its German operations.

Russia may extend National Wealth Fund deposits in VEB for 5 years

The ministry also suggested that the government should extend the Fund's deposits in VEB at an interest rate of no less than 0.25 percent

Aviva's Munro - waking the multi-asset giant

For almost two years Euan Munro has been reshaping Aviva Investors, putting its multi-strategy funds at the forefront of an outcome-oriented approach that is ringing the changes.

Hargreaves Lansdown: Why the FTSE 250 could be a prudent investment for 2016

The FTSE 250 is an index of medium and small cap UK shares.

UK's biggest care home operator sells £20m of assets to US hedge fund

Sell-off comes amid national care home crisis with councils unable to find funds to house thousands of elderly residents

Knightsbridge Home Prices Drop Most in Central London on Tax

The decline compares with an overall gain of 1 percent for the 14 districts that make up prime central London

Theo Osborne's fund wants to turn crowdfunders into venture capitalists

With its new portal, Force Over Mass wants to create a new class of investors and eventually build a secondary market for trading in early-stage companies

Legal & General to battle with Rothesay Life for Aegon's £9bn annuity book

Ratings agency Moody's had issued a warning this year that companies in this industry such as Aegon and Scottish Widows, which lack a "differentiating asset management proposition", were "vulnerable to margin pressures".

Bank Of America To Obtain Clearing Membership With Moscow Exchange's FX Market

Moscow Exchange began offering general clearing membership for FX Market participants from 1 December 2014.

Specialist asset manager buys private equity funds investment business

ICG said the private equity funds investment business is complementary to its expertise in investing in private markets

Wilmslow country house hotel bought for £4.15m

A 55-bedroom country house hotel in Wilmslow has been bought out of administration for £4.15m.

Catella advisor to EQT on their acquisition of Eton and in Cederroth’s sale of Allévo

These transactions once again demonstrate the value of Catella’s specialist knowledge and broad network of contacts for M&A transactions in the consumer sector.

Germany’s Allianz buys 51% of PH firm

PNB and Allianz have reached an agreement to enter into a 15-year exclusive distribution or bancassurance partnership.

Japan Staffing Firm Recruit Agrees to Acquire Dutch Peer in $1.55 Billion Deal

Acquisition of USG People is the latest example of Japan Inc.’s push for international growth

Schroders to wind up Global REIT

Schroders has proposed a liquidation of its Schroder Global Real Estate Securities fund.

Milliman updates embedded value reporting in the European and Asian insurance markets

In Europe, embedded value results in the first part of 2015 exceeded gains from the first six months of 2014

Catella establishes property investment management platform in Norway

Catella has a very strong Nordic and Continental European platform within both property investment management, with EUR 3.2 billion under management, and real estate corporate finance.

U.S. Bank Recognised in Europe as Top Trustee and Loan Administrator; Quintillion as Top Fund Administrator

In the fund services space, the bank expanded in Europe through its 2013 acquisition of hedge fund administrator Quintillion

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