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

BNP Paribas unveils changes across bond and loan businesses

He also gains a new boss in the shape of Pascal Fischer, head of global markets in the Europe, Middle East and Africa region.

Crowdfunding Is A Race to Win: How The French Are Using Regulation To Boost Their National Crowdfunding Platforms

In December 2014, crowdfunding has reached the center of the financial power. BPI France, the Public Investment Bank of the French state, hosted the Convention of the European Crowdfunding Network in its stately palace on Boulevard Haussmann at the center

Fund review: Schroders Global Multi-Asset Income

A new multi-asset income fund has been launched by Schroders, adopting the same strategy as an existing fund.

Synova backs high net worth insurance firm

Insurance broker Stackhouse Poland has been sold to its management for an undisclosed sum, using funding from private equity firm Synova Capital.

Old Mutual plans new fund range as it waves goodbye to Skandia

Old Mutual International has completed a rebrand of its business, dropping the historic Skandia brand, and has outlined plans for a new researched fund range following the acquisition of Quilter Cheviot.

Sale of Jacksons CI Group completes

The deal, worth over £40 million, saw Ravenscroft Investments become the owners of the businesses, operating assets and premises which make up the Jacksons CI Group.

Troy Asset Management: 'Sheltering investors' money during turbulent times is key', says fund boss Francis Brooke

Sheltering investors’ money during turbulent times is the key strategy behind Troy Asset Management’s Trojan Income Fund. And in the decade since it launched, there have been plenty of troubled waters to navigate.

Dispute Breaks Out Over Title of 'First Regulated Bitcoin Hedge Fund'

In July, a hedge fund in Jersey issued a press release announcing that it had become the first regulated fund to deal in bitcoin.

Clipstone diverts to Channel Islands exchange

Clipstone, a logistics real estate investment trust, has raised £40m through a flotation on the Channel Island’s Stock Exchange after scaling back plans to raise nearly four times that amount on London’s main market.

Flipkart raises $700M from Steadview, Qatar Investment Authority & existing investors

Flipkart has also filed with Singapore regulator to become a public company as its shareholders exceeded 50.

Kames take three places in top six

Audrey Ryan, an equities manager at Kames Capital, has risen to top spot in The Herald's monthly Citywire table of top-performing managers .

British fund managers head back to stocks in December - Reuters poll

British investment managers have increased exposure to stocks in December as prospects for monetary stimulus in Europe and Japan and economic recovery in the United States and Britain bode well for corporate profits, a Reuters poll shows.

RIT Capital Partners in deal for GVO Investment Management

RIT Capital Partnershas agreed a deal to acquire GVO Investment Management from Hansa Aktiengesellschaft subject to regulatory approval.

Standard Life Investment Expands Global Footprint

The business now manages over £240bn of assets and has increased its operational and client servicing footprint, with further investment planned to support continued growth.

Treasury recoups £1.36bn from failed Icelandic bank

The Treasury has recovered a further £1.36bn from the estate of Lansdbanki, the Iceland-based bank that collapsed during the financial crisis.

Firms’ £1.8bn bill as pension deficits grow

Because of these record low bond yields, pension liability values have increased by £100bn since 31 December 2013 to about £720bn for FTSE 350 businesses.

RBS puts loan to builder Sacyr up for sale at discount - report

Citing market sources, the news site said on Friday that British bank RBS was looking to sell the debt with a 25 percent discount.

Funds slammed by Russia

The rapid fall of the ruble and stocks on the Moscow Exchange means even more pain for investment managers who have been trying to play Russia, virtually all unsuccessfully.

Deutsche Bank to review strategy and may sell Postbank network

Deutsche Bank AG will review its strategy and profit targets next year and may sell its Postbank-branded retail unit, in a major reversal as a hoped-for turnaround in profitability slips out of reach.

Hedge fund Brevan Howard launches Argentina fund - SEC filing

The hedge fund firm, which managed more than $34 billion at the end of October, has started to market the fund to external investors.

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