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

AIMA welcomes EC’s efforts to remove cross-border barriers to fund marketing in Europe

The consultation forms part of the Commission’s effort to create a “Capital Markets Union” – a deeper single market for capital in the EU.

African Philanthropist Tony Elumelu Woos French Investors To Nigeria

The event held at the Palais de Luxembourg in Paris, France late last month and had more than 4,000 leading French entrepreneurs in attendance.

LSE and Deutsche Boerse set to cut 1,250 jobs to save costs after merger

This sum represents about a fifth of the groups' overall costs and comes on top of savings programmes that were already underway before the deal emerged.

Standard Life Investments acquire Blythswood House in £17.4m deal

The 216 room student accommodation, situated on 200 West Regent Street in Glasgow, is currently leased to Glasgow School of Art on a 25-year lease

U.K. corporate pension funding deficits increase 5.4% in May to record level

Assets increased 1% during the month to £1.263 trillion as of May 31, but fell 1.6% for the year ended May 31. Liabilities increased 1.9% over the month, to £1.573 trillion, and by 2.3% over the year.

Investec Plans to Raise 145 Million Pounds to Boost Capital

“It is an appropriate time for us to make the tender offer for the preference shares,” Chief Executive Officer Stephen Koseff said on a conference call.

Global Experts on Private Equity Funds Pick Investment-Worthy Korean Businesses

Corporations that have been making investments for more than 30 years are mostly European and American.

Tilney Bestinvest targets international advisers with Global Multi-Asset Portfolio fund range

The launch will have a fixed price offer period of 100 US cents per share from 1 June to 30 June.

London Property Bond launches offering eight percent interest

The property-backed Bond’s proceeds will be used to fund these improvements, increasing the value of these homes ahead of a sale.

The Adviser Centre removes Standard Life Investments Higher Income from Recommended list following lead manager departure

The Global Credit team at Standard Life Investments is well resourced but we believe it is prudent to remove the fund from the Recommended list at this time.

Intrinsic pulls out of Tenet bid

Former directors of Tenet member advice firms were given shares as parts of acquisition deals over the years.

Piper Goes to Market With £125 Million Sixth Fund

The latest vehicle will be the firm’s sixth fund since its formation in 1986.

The Spanish Stock Exchange Traded €48.3 Billion In May

The number of trades to May reached 24.1 million, down 13.1% from the same period the previous year. The number of trades in May reached 3.9 million, down 9.9% from a year earlier.

Norway's sovereign wealth fund, its manager get museum treatment

“From Oil Wealth to Financial Wealth” provides insight into how Norges Bank manages the fund's roughly 7 trillion Norwegian kroner ($851 billion) of assets.

Quant Hedge Funds Balance Computer and Brain Power

When panic struck the Chinese stock market last August, Man AHL wasn’t caught flatfooted.

Deutsche Börse and Taiwan Futures Exchange enter into market data partnership

The market data partnership agreement is expected to enhance TAIFEX’ global reach and further strengthens the alliance between the Taiwanese and German exchanges

AllianzGI eyes private debt business

Private debt has become increasingly attractive to asset managers in recent years.

Offshore firms buying up Scottish football including Celtic, Rangers, Dundee and Dumbarton

We have identified substantial offshore shareholdings in Celtic, currently the nation's richest and most successful club.

Bank of America Corp: MBNA Surrounded by Buyers

Bank of America to sell its credit card business, MBNA in the UK

Leading backer of campaign for UK to stay in EU pocketed £205m from his hedge fund last year

The businessman is a physics graduate and has previously donated £5m to the Science Museum, as well as funding research at his old university.

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