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

BlackRock launches global long/short equity fund

BlackRock has launched a new absolute-return fund for its quantitative equity team.

Gulf investors snap up London properties

Find out which locations attract buyers most

Superwoman returns: Nicola Horlick raises funds to finance films

City 'superwoman' turned movie mogul aims to put £146m into Hollywood projects

Ruffer duo boost capital with distressed debt

The managers of the Ruffer investment company have made back two-thirds of their 2009 investment into distressed assets amid more favourable market conditions for some illiquid strategies.

APG and Aquila Capital team up for European hydro investment

Dutch pension fund asset manager APG Asset Management and alternative investments manager Aquila Capital have agreed a partnership deal that could see them invest around €500 million in the acquisition and development of European hydropower plants.

7IM boosts holdings in EM bonds

Emerging market bonds have become the largest absolute position in Seven Investment Management’s Cautious discretionary portfolio.

UK fund management salaries down 20%, ONS survey finds

The average salary in the UK’s fund management sector has fallen by 20.3 per cent in the past year.

Natwest Pulling Out of Share Dealing

NatWest and RBS clients – there are about 140,000 of them – can continue to trade as normal until October.

BNP Paribas launches alternatives business

Jean-Marc Rivet Fusil will be responsible for the part of the business that manages private equity in a fund-of-funds format, and offers related advisory services.

Blackstone to Buy a Wealth Management Business

Friends Life Group said on Friday that it had agreed to sell its Luxembourg-based wealth management arm

Insider trading has plummeted since the financial crisis. Here's why

A host of market changes has halved the number of deals that traders have taken advantage of, according to analysis from the Financial Conduct Authority

Revealed: All the winners of Fund Manager of the Year Awards 2014

The Outstanding Industry Contribution Award went to Jupiter's vice chairman Edward Bonham Carter

Why Putin's Raid on Wealth Fund Won’t Cure What Ails Russia

President Vladimir Putin’s government is blowing a hole in Russia’s finances by unsealing one of its rainy-day funds, all for a growth spurt that will fizzle out, according to the Finance Ministry’s debt chief.

Fund manager Ashmore gets Q4 assets under management boost

The inflows were delivered across a range of fixed income and equities themes, it said, while there were net outflows in external debt and overlay/liquidity themes.

Aviva Eyes Cost Cuts, Asset Management to Boost Profit

Aviva Plc Chief Executive Officer Mark Wilson pledged to continue cost cuts and attract funds to its investment unit in an effort to boost earnings

Polar Capital, Impax Asset Management Increase Assets Over Quarter

Impax Asset Management Group said Thursday that assets under discretionary and advisory management in the quarter ended June 30 reached GBP2.76 billion.

Impax buys out property business

The announcement follows the sale of the third of four UK buildings held by the fund, which raised £69 million to investment in and retrofit property in 2008.

UBS Fund Services covers all bases under AIFMD

It’s fair to say that under AIFMD UBS Fund Services has got all bases covered. Not only has the firm developed a depositary solution to support both EU-based and non-EU based funds under Article 21 and Article 36 of the directive,

Aviva eyes exec-only platform launch in 2015

Aviva is set to launch an execution-only platform in 2015 in a bid to tackle the advice gap in part created by the retail distribution review.

SGSS in Luxembourg mandated by Swiss life Asset Managers for a new real estate fund

SGSS was selected for its recognised expertise and competitive offering for alternative investment funds and its capacity to provide simplified access to the local market as well as to multiple markets abroad through its top-quality distribution platform.

Alternative Investments