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

Active managers 'must cut costs' as passives slash fees

Active managers are not feeling “too threatened” yet as the passive world is still growing

City Insider: Manny Roman warn peers of sins

AIMA was at pains to make sure that the bash was a far cry from the bull market hedge fund extravaganzas of old.

Money managers see uphill road for Greek bond purchases by ECB

Greek bonds are unlikely to be eligible for the ECB’s QE purchase program until December at the earliest

Capita Asset Services to expand its Dublin workforce by up to 200 over the next two years

The company also announced today that it has been appointed to service the new €500m residential development finance business, Activate Capital.

British Overseas Territories Celebrate Queen’s Longest Reign with New Crown Coins

The treasuries of four British overseas territories have authorized the issue of a commemorative coin celebrating the day their head of state, Queen Elizabeth II, became the longest reigning British sovereign in history.

Poland's PZU, with $1.6 billion for investment, eyes banks

State-controlled PZU wants to build a top-five banking group in Poland after it bought the biggest stake in the country's 13th-biggest lender Alior Bank ALRR.WA for 1.63 billion zlotys earlier this year.

BNP Paribas unveils hedge fund data management service

The alternative fund administration arm of BNP Paribas Securities emerged this morning from its post-prandial hibernation.

Axa Wealth CEO ‘ahead of plan’ on restructure

It is understood Axa Wealth was running with more than £100m start-up costs.

Shanghai-London stock connect could be a goer

In doing so, the regulatory authorities will share information on a regular basis for deeper cooperation between the two markets.

Wales' richest man says world's best footballers are 'wickedly underpaid compared to hedge fund punks'

Billionaire Sir Michael Moritz said that compared to 'some 27-year-old punk who can operate a spreadsheet in a hedge fund' footballers are not paid enough

Guernsey looking at further reinsurance and pension longevity business

All three sectors are niche elements of the captive insurance industry

When things get stretched to breaking point, trade and invoice finance might be the answer

It’s that time of the year for many fashion suppliers, orders placed in the early part of the summer are now being delivered for the vitally important winter, Christmas and New Year buying periods,

Vanguard to launch UK D2C platform

Vanguard has always had a D2C offering in the US

Effective Communication is European Asset Managers' Greatest Challenge

Of all challenges facing asset managers--compliance, competition, volatile markets--Cerulli Associates believes that effective communication is the toughest

Xinhua Insight: Europe's offshore yuan hubs carve out different roles

China's push for the globalization of its currency has spurred financial centers worldwide to become offshore yuan hubs.

Most absolute return funds are not worth paying for, says Argonaut’s Norris

Argonaut’s Barry Norris makes the case for investing away from absolute return funds that try to overly dampen volatility.

Xetra/Börse Frankfurt: UBS Launches Eight New Factor ETFs On Xetra ETFs Give Investors Access To The MSCI Factor Index Family

The weighting of the companies in the reference index decreases with rising volatility.

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