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

Deutsche Bank open to offers for London gold vault

Deutsche Bank is open to offers for its London-based gold vault following the closure of its physical precious metals business

Warburg and Carlyle snap up rating agency

The buyout pair completed a deal for the Toronto-based company in partnership with a consortium of Canadian-based individual investors, including DBRS founder, Walter Schroeder, and other members of the company’s management team.

The ten most popular active funds of 2014 (so far)

This year has been a difficult one for many active funds, but, as ever, a select group of portfolios continue to be backed en masse by buyers looking to deliver outperformance for clients.

Brevan Howard Changing Leadership in Emerging Markets Fixed Income, Waiving Fees

The Class A shares of the Emerging Markets Fixed Income fund were down -0.19 percent in November after finding difficulty during much of the fall.

Alexander Beard Buys In London

Chester advisory and pensions administration group Alexander Beard has snapped up an IFA based in London.

Moorefield In £1bn Property Asset Sale

Moorfield has exchanged contracts to sell a property portfolio to a US private equity firm for about £1bn, which is understood to include a site in Manchester.

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.

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