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

China's Greenland Group unit plans to buy European insurer, bank

Chinese financial institutions have been taking advantage of increasingly relaxed regulations

Bär & Karrer partner wins Silver at Citywealth Power Women Awards

Tina Wüstemann, head of Bär & Karrer’s private client department, won the Silver Award in the category Woman of the Year: Leadership (Professional services) in the 2015 Citywealth Power Women Awards

Leeds United: Fans group target bid for GFH shares

This week, Together Leeds has been rebranded as Leeds Fans LLP

Norway’s Sovereign Wealth Fund Changed its Course on Greek Debt

Standard & Poor’s is considering downgrading Greece’s credit. The ratings agency is concerned whether Greece can continue to service its debt.

Standard Life Investments: Rio Tinto's problems mean it's years away from being an attractive income investment

This is a company that develops accounting and payroll software used by businesses.

Societe Generale’s CLNs could be ready for retail soon

The French bank’s head of asset manager solutions said they are initially being targeted at discretionary fund managers, but that could soon change.

Fund centre Luxembourg 'not afraid' of competition

Experts have claimed the introduction of schemes, such as the Asia Region Funds Passport

Isle of Man launch for new ICSA offshore finance qualifications

Students of our new qualifications will benefit from fewer and shorter examinations

Cromwell acquires Valad Europe

Cromwell chief executive Paul Weightman said the acquisition of Valad Europe presents an opportunity to acquire a successful funds management platform.

GBR Phoenix buys Optic Asset Management

Birmingham-headquartered property consultancy GBR Phoenix Beard has bought Leeds counterpart Optic Asset Management after months of discussions.

Qatar wins battle to take over Canary Wharf

Ahead of Thursday’s deadline, Songbird said its three major shareholders intend to accept the offer, and once this happens it will drop its resistance and recommend the offer to smaller investors.

Top-performing commodities fund moves domicile to target UK investors

The strategy differs from most resources funds, focusing on the physical trading of a wide range of commodities

L&G to allocate 1.5 bln stg to UK regeneration fund

Chief Executive Nigel Wilson wants L&G, which manages over $1 trillion in British pension fund assets, to invest in Britain together with overseas sovereign wealth funds.

Blackstone sells Valad Europe back to Australians for €145m

Australia's Cromwell Property Group has acquired Valad Europe from senior management and Blackstone for €145 mln. The purchase price reflects an EBITDA multiple of approximately 6.4x.

Northern Trust & London Councils in tax-transparent pooled fund initiative

The collective investment vehicle, an Authorised Contractual Scheme structured as a co-ownership arrangement (ACS) is first of its kind for the UK pensions industry.

The Gibraltar Stock Exchange announces first fund listing

The Gibraltar Stock Exchange opened its doors on November 10th 2014 as a technical listing exchange for open-ended funds.

Manchester United sign Swissquote as forex trading sponsor

Swissquote said the global deal would allow it to use United's popularity in Asia to help it meet its targets for expansion in China.

Nabarro advises on the launch of crowdfunding platform Property Partner

The platform also enables investors to offer their property holdings for sale via a designated secondary market.

Chinese SME incubator fund to float on Aim

Grand Group Investment, a late-stage incubator fund that invests in Chinese small and medium-sized companies, today announced its intention to float on London’s Alternative Investment Market.

Soho at risk of turning into an 'upmarket housing estate', art industry figures warn

They said that the area’s role as the creative heart of the capital faced an “imminent crisis” because of a “massive loss of office and studio space”.

Alternative Investments