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

Hargreaves Lansdown lowers minimum investment

The most important part of a savings plan is to get it off the ground, even if the initial amount seems small

Kuwait Investment Authority says to expand Germany investments

The Kuwait Investment Authority (KIA), one of the world's largest sovereign wealth funds and a long-term investor in German auto maker Daimler AG , wants to ramp up investments in Europe's largest economy.

Harvest Global setting up London launchpad

Pending licence approval, the international arm of China’s Harvest Fund Management is preparing to open a London office up early next year as a gateway to sell products in Europe.

Fund managers relieved as ‘no’ vote calms uncertainty

Nangle said that although Threadneedle had expected a 'no' vote, it ‘would have been irresponsible’ to have taken large positions on it.

Investors call for climate change deal

More than 340 institutions managing £15tn of assets say governments must put a ‘meaningful’ price on carbon

AIMA Announces New Council

AIMA’s Council is elected every two years and is comprised of members from its three regions – the Americas, EMEA and Asia-Pacific.

Chinese business delegation to visit Jersey

China is the world’s second largest economy and it is important for the ongoing prosperity of the Island that we continue to build strong links between our two governments

Wells Fargo Asset Management is awarded two mandates for France’s biggest pension fund

Both mandates will be managed as separate accounts for a duration of four years with the option of a further year.

Ex-Marble Bar manager readies Mako backed European hedge fund

London-based Mako Global Investors is backing former Marble Bar Asset Management portfolio manager Christian Thum to launch a European equities-focused hedge fund in the fourth quarter

Axa Wealth to launch new restricted fund range

The restricted fund offering will be made up of around 80 to 100 active and passive funds chosen by Architas.

Skandia stops charging advice to offshore bonds

Skandia International has become the latest life company to stop charging advice to the annual 5% tax-free withdrawal on its offshore bonds.

Vanguard Mourns Loss of European Institutional Chief

Passive management giant Vanguard has announced the death of its European institutional sales chief, Simon Vanstone.

Al Gore Fund to Pour $30 Million Into Seventh Generation

Al Gore's investment fund is pouring $30 million into Seventh Generation Inc., the maker of eco-friendly household products, to help build a war chest for acquisitions.

Norway Sovereign Wealth Fund Spends $1.5 Billion on NY and Boston Properties

This puts the aggregate value of the properties at around US$ 4.06 billion. All the properties are Class A office towers.

TMF Custom House Fund Services Launches Depo Lite Platform

The new offering is an extension of TMF Custom House's existing regulation and compliance offerings

SL to close DB scheme to future accrual

Standard Life has announced it is closing its defined benefit scheme to future accrual from April 2016.

Schroders’ Stewart pulls back Scottish bank holdings

Bond manager Alix Stewart has sold out of some Scottish bank positions due to expected volatility created by the independence referendum.

Paris, Beijing work to boost French yuan investments

We would be happy to see, if needed, if we could increase France's 80-billion yuan quota

Hogan Lovells advises M&G Real Estate on £140m acquisition of Wragges office

According to Hogan Lovells, the building will also house 1,500 HS2 staff set to be based in the city from 2016.

UBS and Goldman Sachs left red-faced by AngloGold Ashanti $2.1bn float flop

Proposals for a new London-listed mining spin-off worth £3bn hit the dust yesterday, as shareholders at one of the world’s top gold miners revolted over a $2.1bn rights issue key to the massive restructuring.

Alternative Investments