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

L&G chief hits out at share buybacks

One of Britain’s biggest institutional investors is telling companies that it wants them to use their cash to invest in the real economy rather than indulge in “fundamentally wrong” share buybacks.

Woodford's Former Funds Downgraded

Following the departure of Neil Woodford from Invesco Perpetual last year, Morningstar analysts have reviewed the income manager's former funds and downgraded ratings

AMI head welcomes move for higher qualifications

The Association of Mortgage Intermediaries has given its support for voluntary higher-level qualifications for mortgage brokers, according to Rob Sinclair.

Qatar, China groups to open Peninsula Paris after €430m refurb

The building near the Arc de Triomphe was previously an international conference centre and was acquired by developer Qatari Diar for €456m in 2007, with HSH taking its 20% stake in 2009.

German gold reserve will remain in U.S after positive audit

The Bundesbank owns nearly $200 billion worth of gold, but only a third of it is stored in Frankfurt.

French, Chinese central banks agree on renminbi payment system

The payment system agreed between France and China will function on the basis of a clearing bank that will be designated by the People's Bank of China (PBOC), the French central bank said.

Old Mutual shakes up £1.1bn equity fund

Old Mutual Global Investors has embarked on a shake-up of a £1.1 billion manager-of-managers fund, adding the asset management arm of Australian banking group Macquarie to its roster.

Bitcoin Legal Basics: Russia and Asia

The Asian continent features multiple governments and central banks who are not altogether excited about their citizens using Bitcoin. Russia, Thailand, India and Vietnam all comprise a significant slice of humanity for whom owning and using Bitcoins coul

Societe Generale Securities Services open OTC trade repository

Societe Generale Securities Services has launched a trade repository reporting offer for OTC derivatives, servicing multi-counterparties and multi-asset classes, under the European Markets Infrastructure Regulation

'Think Asia, Think Hong Kong'

Largest Hong Kong Services Promotion to Europe in October

FTAdviser Online Service Awards winners revealed

Aviva scooped the top prize at last night’s FTAdviser Online Service Awards after close to 1,000 of you rated the provider among the top in the industry for investment, mortgages, life and pensions.

BNY Mellon appointed as global custodian by The State Pension Fund of Finland

BNY Mellon's ability to provide a straight-through processing interface to VER's existing technology platforms was one of a number of factors that influenced the pension fund's decision.

Strong uptake in Jersey private placement regime in run up to end of AIFMD transition

With less than one month to go until the transitional phase of the EU Alternative Investment Fund Managers Directive (AIFMD) comes to an end, Jersey is seeing a strong take-up in its private placement route into Europe.

Schroders teams up with Paulson to launch Merger Arbitrage fund

The merger arbitrage strategy focusses on price differentials in mergers and aquisitions

Majedie to launch global equity fund duo for new hires

These funds are an interesting proposition, but we would like to monitor their progress before considering them for [our] Wealth 150 list

London Stock Exchange to buy Russell in £1.6bn deal

Northwestern Mutual today announced an agreement to sell the company's subsidiary company, Russell Investments, to the London Stock Exchange Group plc (LSEG) for $2.7 billion. The sale will be finalized later this year, pending regulatory and LSEG s

SVG & iimia founders plan to transform trust into new fund group

These proposals would see Tony Dalwood and Michael Phillips appointed as executive directors of Gresham.

Yes, you can still buy in Prime Central London using Osborne’s Help-to-Buy scheme

LCP finds the best value areas in PCL to invest in

Yes, you can still buy in Prime Central London using Osborne’s Help-to-Buy scheme

LCP finds the best value areas in PCL to invest in

Swedish pensions body calls for smaller-scale EU stress tests for IORPs

Early stress tests for institutions for occupational retirement provision (IORPs) in the EU – now likely to happen next year – must be designed in a limited format in order to keep costs down for pension funds.

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