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

Crown Estate and Norges Bank seize Mayfair estate for £381m

The pair said yesterday that they have bought a 64.2 per cent stake in the Pollen Estate from the Church Commissioners for England.

Brevan Howard attempts to halt co-founder fund launch plan

Brevan Howard argued that his attempt to launch a rival fund ‘constitutes a significant and ongoing threat to the legitimate interests of the partnership

Boutique banks take market share from bigger rivals

The growth of US independent advisers such as Moelis, as well as newer UK-based boutique banks such as Ondra, Zaoui & Co and Robey Warshaw, run by star rainmakers, mean that boutiques took 31.4 per cent of all European M&A fees in 2013, up from 18

Lansdowne buys into online luxury retailer

Hedge fund backs next stage of development ahead of possible stock market float.

BlackRock France to focus on Paris office, opportunity, mezzanine

With the sale of Paris Le Madeleine for €426m, US-based BlackRock has sold down its €800m holdings in France but intends to rebuild focusing on Paris region office and opportunity investments

Carillion awarded the Investing in Integrity Charter Mark

Simon Culhane FCSI, Chief Executive, Chartered Institute for Securities & Investment said: "Being able publicly to demonstrate a commitment to acting with integrity has never been more valuable and we congratulate Carillion on the award of the Ii

Bucharest Stock Exchange triples profit in the second quarter

The total value of share trading was EUR 1.63 billion in the first half

Allianz Net Profit Up 11%, Beating Expectations

Asset Management Marks Weak Spot for German Company

Mid Europa's latest Guernsey fund holds €800 million close

Fund IV represents the largest dedicated fund to Central and Eastern Europe raised in the last five years.

Ivy Investment Management Finalizes Adoption of Selector Management Fund SICAV

An umbrella UCITS fund range domiciled in Luxembourg

Aviva beats expectations

Indeed, the unit’s overall combined ratio (of claims to premiums) improved by 0.7 percentage points to a solidly profitably 95.5 per cent.

Standard Life Investments revamps £420m property fund

Standard Life Investments has refocused its £420 million Select Property fund to emphasise direct holdings over real estate shares.

Royal London weighs own brand platform plans

Royal London acquired Ascentric in 2007

UK's Mercia Launches Tax-Optimizing Digital Economy Fund

Mercia’s investment team has strong relationships in the technology sector, including long-term partnerships with eight universities, and can access opportunities not generally available to private investors.

Ledbury launches maiden equity and special sits hedge fund

The Ledbury Capital Master Fund Ltd, which launched in July, runs a European-focused value-driven equity and special situations strategy.

KBC Groupe Q2 net profit down 39 percent

Q2 net interest income stood at 1 047 million euros Source text for Eikon: Further company coverage

Henderson Group H1 Profit Surges

Asset management company Henderson Group Plc Thursday reported first-half profit before tax from total operations of 209.7 million pounds, significantly up from 72.0 million pounds a year ago.

Standard and Friends to launch new drawdown offerings in 2015

Paul Matthews, chief executive of Standard Life UK and Europe, said the company was set to launch a new drawdown product in 2015.

Zurich profit up 10 per cent for half-year

We are very pleased with how our business is maintaining growth

Aviva sees value of new UK life business fall 21%

The drop was announced in annual results which showed group operating profit of £1.1bn, up 4 per on 2013

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