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

Ladbrokes merger with Gala Coral to face scrutiny

Analysts expect up to 1,000 Ladbrokes or Gala shops may be sold to satisfy market regulators

Isle of Man Bicentenary of the Battle of Waterloo Remembered on Two New Crown Coins

The Treasury of the Isle of Man Government have issued two new commemorative crown coins which mark the bicentenary of the Battle of Waterloo, a decisive conflict which took place two hundred years ago and abruptly ended the aspirations of the French Empe

APG buys stake in Chinese retail property developer Chongbang

APG, the €424bn asset manager for Dutch civil service pension fund ABP, has taken a €311m stake in Chinese non-listed retail property developer, owner and operator Chongbang.

150-Year-Old Mallett Hosts Its First-Ever Independent Auction

All items are presented in ‘home ready’ condition thereby removing the perennial risk of buying unseen over the internet.

Legget to replace Steer on Artemis UK Growth

Artemis has hired Ed Legget to replace Tim Steer as manager of the £737m Artemis UK Growth Fund, after Steer’s decision to retire at the end of the year.

Hedge fund managers striking the balance between cybersecurity protection and cost

As the costs of doing business have increased, more and more hedge fund managers are adopting the cloud

Public Investment Fund, Russian Fund sign MoU worth $10 billion

It is noteworthy that RDIF is one of the world’s leading mutual funds

Global property giant to launch Asian expansion from Singapore

A global giant in real estate management aims to use Singapore as a launching pad to dramatically increase its assets under management across Asia.

Standard Life Investments Absolute Return Fund Added To Asgard Platform

Global Absolute Return Strategies is an award-winning multi-asset strategy, which aims to provide positive returns in all market conditions with reduced volatility compared to equities.

L&G unveils own-brand lifetime mortgage

L&G unveils own-brand lifetime mortgageLegal and General has launched its own branded lifetime mortgage product range, following the acquisition of specialist equity release provider Newlife in April.

LBMA Gold Price Bank of China to join as new participant

The addition of the Bank of China takes the total number of direct participants, who currently participate in the auction process, to eight: Barclays Bank, Bank of China, Goldman Sachs International, HSBC Bank USA NA, JP Morgan, Societe Generale, The Bank

Groucho Club sold by private equity firm

The sale comes as concerns over the gentrification and commercialisation of Soho’s clubs and bars grow among aficionados of the once-seedy district.

Guernsey chosen as domicile for Apax's London listing

Guernsey is home to new London Stock Exchange Main Market listing, Apax Global Alpha Limited.

Former BlueCrest Manager Plans U.K. Hedge Fund Credere

A former money manager with BlueCrest Capital Management and CQS Management, is planning to start a multi-strategy credit hedge fund.

Bravado and High Returns From Italian Fund Manager

Davide Serra, hedge fund manager at Algebris Investments, in London. He said Europe’s central bank would continue its bond-buying program, known as quantitative easing, for five years.

Savills IM teams up with Chinese institution for European fund launch

Savills Investment Management has partnered with China Minsheng Investment Capital to launch a European residential property fund

Indian giant to unleash concentrated best ideas fund into UK

One of the biggest firms in India is to launch a highly concentrated best ideas fund into the UK

Retailer Bonds Rebound in Europe as Junk Returns Slow on Selloff

Junk bonds sold by retailers in Europe are set for the best first half in three years even as returns in the wider market shrink.

Terra Incognita - UKCrowdfund Platform Points Investors to Africa

Of course, growth alone – which may be from a low base – is not in itself a sign of economic strength but if you cut the cake another way, it’s clear that Africa has at least four economic powerhouses in the shape of Nigeria, South Afric

Singapore's Frasers Centrepoint buys UK hotel firm for $572 million

Singapore-listed Frasers Centrepoint Ltd (FRCT.SI) said on Wednesday one of its units has bought a UK boutique hotel operator for 363.4 million pounds ($571.8 million), to boost its hospitality business.

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