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

Pictet Select-Global Long/Short Equity attracts EUR200m in first month

Pictet Select-Global Long/Short Equity has attracted close to EUR200 million in commitments since its launch on 29 August 2014.

Woodford fails to hit income target with new fund

Despite a very strong performance in total return terms since launch, the new fund launched in July by Neil Woodford won’t hit its own dividend target for this quarter

Anthony Hilton: Luck or judgment behind the fund stars?

Sir Brian Pitman, the man who ran Lloyds Bank when it was at the peak of its game in the 1990s, used to muse on the fact that financial services was the one part of the business world that had never had an industrial revolution.

Societe Generale mandated by Agence France Locale to process derivatives operations

These services are strengthened and complemented by Newedge’s expertise in execution and clearing, thus enabling Societe Generale to provide Agence France Locale with a single and totally integrated third-party market solution.

FPI launches new Reserve Portfolio Bond

Friends Provident International has launched a new version of its Reserve Portfolio Bond complete with two brand new charging structures.

China allows direct currency trading with euro

It said the move will "help lower currency conversion costs for economic entities"

BlackRock looks to boost tracker range

BlackRock is looking at bolstering its tracker range with the addition of three new funds.

Creating the right climate for green structured products

The advent of green bonds could finally make green indexes big, liquid and desirable. As the first 'fully green' structured product is launched, there is hope that support from governments and investors will help the sector grow

Old Mutual’s Ventre: Why past performance means nothing

The average first quartile fund from five years ago is now in the 47th percentile, Ventre says.

Deutsche Bank Said Close to Raising $634 Million for Fund

DB Private Equity & Private Markets, a division of Deutsche Asset & Wealth Management, plans to close its Access fund-of-funds pool with about 500 million euros ($634 million) by the end of the year, said the people, who asked not to be identified

Natixis Global Asset Management Launches Gateway Equity Call Premium Fund

The fund may invest in foreign securities traded in U.S. markets

RBC GAM launches new fund

The RBC Funds (Lux) - Asia Ex-Japan Fund will give investors exposure to the dynamic and growing economies and markets in Asia

London Metal Exhange hikes fees by a third

Charles Li, chief executive of HKEx said “An increased revenue stream for the LME will deliver better systems, more flexibility for users and more products tailored to meet the changing needs of market users.”

First Names Group acquires Seymour Trust in Jersey

First Names Group is delighted to confirm it has agreed terms to acquire Jersey trust and corporate services provider Seymour Trust Company Limited.

Jersey wins Best Fund Admin Centre at Investment Week Awards

For the second consecutive year, Jersey has been named ‘Best Fund Administration Centre’ in the awards of leading investment management publication, Investment Week.

Choosing a Fund Administrator for the Long Term by Eamonn Greaves, SS&C

As we meet with asset management firms who are considering third-party fund administration, it’s clear that certain elements of service have become of greater importance.

Malta Woos GCC Investors As It Looks East

In command of a strategic position in the Mediterranean and a sound economy with strong fundamentals, Malta is opening up to Gulf investors.

Bonham Carter: Performance fees can ramp up fund risk

He also stressed the importance of employee ownership in motivating managers at a time when an older generation of Jupiter staff nears retirement.

Aviva launches behavioural science book for advisers

Mr Dolan said the latest guide is an important and practical tool for financial advisers.

Woodford attacks ‘active’ fund managers for ‘overcharging’ clients

Going forward, the asset management industry will be forced to reduce fees amid pressure

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