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

Eaton Vance launches Floating-Rate Income Fund

Eaton Vance Management International Limited, a subsidiary of Eaton Vance Management, has announced the launch of the Eaton Vance Floating-Rate Income Fund for non-US qualified investors.

Deutsche Bank Nears $2 Billion Property Sale

German Bank Seeking to Capitalize on Buoyant U.S. Commercial Real-Estate Market

Terra Capital Proposes New Investment Focus, Lower Management Fees

The deal, reached in principle following discussions with the company's largest shareholders and investment manager Terra Partners Asset Management Ltd, will reduce management fees to 1.25% of the company's net asset value

China Set to Pump Billions Into Russian Real Estate Construction

A memorandum of understanding between the Russian and Chinese state banks was signed during a visit by Russian President Vladimir Putin to Beijing over the weekend. Dmitriyev said the deal would "help bring Chinese investment and companies to Russia,

NAB AM buys stake in newly-founded London-based fund manager

The new partnership with Intermede brings the total number of NAB Asset Management investment boutiques to 14.

Decc announces plans for sovereign wealth fund based on shale gas

With the sovereign wealth fund everyone in the community will benefit, adding to known wider benefits of shale

Jupiter funds - manager change

He has co-managed the fund since January 2010 and, in our view, his fund management experience is relatively limited.

Crowe Clark Whitehill acquires businesses of the late Philip Thomas

Mr Thomas was a well-known figure among the Island’s business community and, with a view to his impending retirement, had concluded negotiations with Crowe Clark Whitehill but then sadly became very ill.

Platforms accelerate B2B2C plans as advice gap widens

Platforms are stepping up their white-label investment offerings to advisory firms as an increasing number of orphaned clients presents a growing challenge in the run-up to the 2016 legacy commission ban.

L&G joins call for ‘auto-enrolment’ protection push

Legal and General has become the latest major life insurer to back calls for auto-enrolment style reforms to push people into taking out personal protection, after the Association of British Insurer’s head of protection demanded the government set o

Pension schemes are starting to rethink their hedge fund investments

Investors pulled more than $15 billion from hedge funds in the September quarter, industry data showed, ending six quarters of net inflows.

American billionaire builds stake in Secure Trust

American billionaire has built a near £40m stake in Secure Trust Bank, the lender that is challenging the dominance of Britain’s biggest banks.

Brazil's Safra feasts on Gherkin tower

Savills and Deloitte Real Estate, who were handling the sale, received over 200 requests for buying the skyscraper.

Munro shaking up Aviva Investors

Changes investment processes, personnel to shape global approach for firm

Irish Stock Exchange launches ISE Fund Hub

The new portal, located at www.isefundhub.com, displays important information such as fund net asset values, key fund documents and an individual profile area for each manager as well as extensive performance based analytics.

Landlords’ property wealth on track to climb to £1 trillion in 2015

Private landlords’ property is worth £930bn – and is set to reach £1 trillion next year on the sustained rise in UK house prices

Canary Wharf owner Songbird rejects Qatar fund approach

The QIA already owns 28.6 percent of Songbird, which in turn owns 69 percent of Canary Wharf Group

Maples Group’s AIFM solution gains traction

Since the Alternative Investment Fund Managers Directive came into full effect, MPMF Fund Management Limited is continuing to gain momentum.

Old Mutual to introduce fixed ongoing charges figure

Old Mutual Global Investors is set to fix the ongoing charges figure across its fund range.

The shine may be wearing off for high-end real estate investments

Sovereign funds, some of the largest of which are based in the Middle East, have become major players in real estate in recent years.

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