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

Alternative Investment Company Launch Ethical, Green Corporate Bond

Crystal Investment Holdings say that they pride themselves on their ability to nurture long term relationships with investors and finance intermediaries

NAB takes over £4bn London asset firm

NATIONAL Australia Bank, which has spent two years winding down and withdrawing from £5.6 billion of commercial property lending to UK businesses, has bought a London asset manager with £4bn invested in UK commercial property.

Putin: State To Keep Financing Russian Direct Investment Fund

The Russian Direct Investment Fund (RDIF), a state-backed institution with the mission of supporting Russia’s private equity sector by co-investing with foreign companies, will continue to receive money from the state so it can achieve its capitalis

7IM creates two 'smart beta' strategies for AAP and multi manager ranges

7IM is continuing to move its passive investments in-house having recently created two ‘smart beta’ strategies for its AAP and multi-manager fund ranges.

Aegon now fastest growing platform in UK

Aegon’s platform asset growth reached 23 per cent in the second quarter, nearly 9 per cent greater than their nearest competitor according to the latest data from consultancy The Platforum.

Louis Bacon’s Moore Capital still sizzles despite Wizard exit

Louis Bacon’s $15 billion hedge fund Moore Capital boosted profits in its Mayfair office last year despite the loss of star fund manager Greg Coffey.

London continues to attract Middle East initial public offerings

Listing on the LSE allows international investors to avoid the pitfalls of buying emerging market shares locally.

Property investors demand more action from platforms on PAIFs

Property fund representatives have voiced their impatience at platforms’ failure to support tax-efficient Property Authorised Investment Funds (PAIFs) in the face of increasing demand for the products.

U.K. spread-betting firm Targets Swiss Banking Business

The London-based company chose Geneva partly because many institutional customers it wants to do business with are located in the city, said Fouad Bajjali, chief executive officer of IG Bank SA, IG’s Swiss-licensed banking unit.

Antin Infrastructure Partners selects BNP Paribas Securities Services as depositary bank

Antin IP is an independent management company which specialises in infrastructure investments in the energy, environment

BNP Paribas Securities Services awarded cross-border AIFMD mandat

The mandate was awarded following a competitive tender, and places over EUR 7 billion of a.s.r.’s assets which fall under the Alternative Investment Fund Managers Directive

Baillie Gifford seeks entry into the fund management 'premier league'

Budden says, there have been significant changes to the way the group conducts its retail business

Australia's National Australia Bank acquires 75pct stake in Orchard Street

The move comes as a surprise as Melbourne-based NAB agreed to sell a 625-million-pound portfolio of mostly non-performing British commercial property loans to an affiliate of private equity firm Cerberus Global Investors in July.

Aztec Group adds a Netherlands office to its onshore presence

The new office has been launched with the support of a longstanding client and is headed up by a senior member of the Aztec team, Andreas Demmel, who has previously worked in the Aztec Group Luxembourg office for nearly three years.

Chinese yuan trading volume up 60% in September on Moscow Exchange

The FINANCIAL -- Traders continue to show greater interest in the CNY/RUB currency pair, underlined by increased trading volumes, according to Moscow Exchange.

Sky's £7.4bn European merger is set to be given go-ahead

The second biggest Sky Deutschland investor, Crispin Odey, who is Rupert Murdoch’s former son-in-law, manages an 8 per cent stake through his company

Valad Europe confirms main investor Blackstone seeking to sell stake

UK-based asset manager Valad Europe, which has significant real estate holdings on the continent

Alvarez & Marsal buys German manager

Alvarez & Marsal has acquired Captiva Capital Management GmbH, a Hamburg, Germany-based real estate asset management firm.

UK stamp dealer gears up for new investors

"We're in conversation with dozens of others - it takes time," he told The Business Times last week.

‘Champagne Fizz’ Goes Flat for London Homes

Twenty one cranes loom over the south bank of the River Thames from Battersea Power Station to the St. George Wharf tower.

Alternative Investments