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

BNP Paribas signs up to TARGET 2

BNP Paribas has announced it will be a 'directly connected participant' of the TARGET 2 Securities settlement program.

Glory for Lansdowne’s stock-picking strategy

The years that followed the credit crisis badly damaged the reputation of long/short hedge funds, whose volatility is now greater than macro hedge funds, traditionally viewed as the gunslingers of the sector.

Oxford University wins best allocator to hedge funds

This move has earned Oxford the respect of its peers and with it the new Financial News award for Best Allocator to Hedge Funds, narrowly beating Kedge Capital, the family office for the Bertarelli family.

Wells Fargo Asset Management international fund offering now available to investors in Italy

To facilitate all retail business, Wells Fargo Asset Management has appointed Société Générale Securities Services S.p.A. as the correspondent bank in Italy.

Europe faces crisis of financial literacy

There is a lot of talk about consumer confidence and measures have been taken to enhance trust in the industry

Makuria wins new hedge fund manager

While many of Europe’s hedge fund newcomers have struggled in a tough fundraising climate of recent years, a notable exception has been credit specialist Makuria Investment Management, the recipient of the Financial News award for New Hedge Fund Man

Managers’ favourite bond funds revealed

Two of Woolnough’s most high-profile fans are Robin McDonald and FE Alpha Manager Marcus Brookes

Bruntwood sells Manchester’s City Tower to Schroder’s

Bruntwood has sold its City Tower headquarters in Manchester to asset manager Schroder’s in a deal worth £132m.

Aegon reduces fund range on platform

The provider announced in April it was introducing charge caps on both its One Retirement and Retirement Choices platforms.

Man Group funds under management reach $55bn

This helped boost long only funds under management by $1bn to $16.3bn

Invesco Perpetual launch Global Distribution fund for Causer & Read

Invesco co-fixed income heads Causer & Read, both + rated by Citywire, will continue to have a broad remit in the new fund to invest in a range of bond classes, including investment grade.

Pimco gets support from CEO of parent Allianz

Allianz SE, defending its Pacific Investment Management Co. unit against shareholder criticism over declining returns and management infighting.

Nemesis to merge weak Europe fund into stellar global strategy

The European fund currently has £15.9 million of assets under management (AUM), while the global fund runs less than £5 million.

UK hedge fund industry booms despite wider slowdown in Europe

The majority of European hedge fund managers that have set up business over recent years have been in the UK

Old Mutual aims to launch high yield bond fund

Od Mutual said the fund will focus on higher yielding corporate bonds as a means to deliver a strong, regular income stream.

Artemis set to launch five US funds for ex-Threadneedle team

The funds will represent Artemis’ first step into North American equity investing.

Billionaire investor Boosts Investments In Greece

Many money managers believed that investing in Greek banks in the best opportunity

UK independent fund manager launches new Asian macro hedge fund

Said in a statement that the fund launch was the largest of its its kind in the region over the last 12 months

Norway Wealth Fund Wins Labor Backing to Buy New Asset Classes

The 53-year-old is the front-runner to become Labor Party leader to replace Jens Stoltenberg

Flexible bond managers up emerging market debt exposure

Bond fund managers with flexible mandates have started to shift money towards emerging market debt as this previously unloved asset class has started to show signs of attrative valuations.

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