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

Henderson launches fund for veteran natural resources manager

Henderson Global Investors has launched a new fund which will be run by an experienced global natural resources manager from its Australian subsidiary

Aberdeen targets growth in alternatives

Aberdeen Asset Management has ambitious growth plans for its alternatives unit, under which the business could more than double as a percentage of overall assets.

Warning over property as fund sales rocket

Figures from fund management trade body the Investment Management Association (IMA) show inflows reached £491 million in May, the highest level since December 2009.

T. Rowe Price unveils frontiers fund for Bell

Bell says: “In many ways, frontier markets today show similar characteristics to mainstream emerging markets 15 to 20 years ago. Frontier markets have undergone structural changes...

Ashmore launches short duration emerging market fund

The fund is denominated in US dollars and other G7 currencies and seeks to maintain a weighted average portfolio duration of between one and three years.

Implications Of AIFMD For U.S.-Based Hedge Fund Managers

The European Directive on Alternative Investment Fund Managers came into force in July 2011 and was required by law to be implemented in all 28 EU member states (plus Norway, Iceland and Liechtenstein) by July 2013.

PA International Fund & Product winners announced

International Life, Standard Bank Offshore Group and Canada Life International are among those life groups successful in this year’s International Fund & Product Awards.

How Guernsey retains its private equity pre-eminence

As a jurisdiction, Guernsey has become synonymous with private equity

Private equity firm needs ‘teams’ of traders; asset management hiring heats up

In the latest hiring roundup, Blackstone needs teams of traders, Deutsche Bank is hiring debt and equities traders and Goldman remains stubbornly bullish in fixed income.

BPI France and China Development Bank back Sino-France PE fund

The “Sino French Midcap Fund”, managed by Cathay Capital, a private equity group founded by Chinese national Mingpo Cai and Frenchman Edouard Moinet, has amassed a total of €460m so far, BPI France said on Monday. It has a final target of

AIMA launches OTC derivatives clearing guidelines

“This initiative underlines our shared commitment to central clearing, which reduces counterparty credit risk and systemic risk, and to the role that we all can play in helping to ensure the smooth and timely implementation of these important regula

Henderson acquires US equity manager for up to $200m

This transaction will be fully funded from Henderson’s existing cash resources, with transaction and integration costs expected to be around $10m.

BNY Mellon appointed by BlackRock as custodian, administrator and trustee for the UK's first Tax Transparent Fund

The BlackRock ACS US Equity Tracker Fund will initially be offered to those UK pension fund clients

Investors ramping up risk as managers turn cautious

Even though managers are anticipating a market correction, investors are opting for riskier funds

Finles Capital offers non EU managers AIFMD solution to access to European capital

Finles Capital Management is fully licensed and regulated in The Netherlands, and approved by the Maltese

L&G chief hits out at share buybacks

One of Britain’s biggest institutional investors is telling companies that it wants them to use their cash to invest in the real economy rather than indulge in “fundamentally wrong” share buybacks.

Woodford's Former Funds Downgraded

Following the departure of Neil Woodford from Invesco Perpetual last year, Morningstar analysts have reviewed the income manager's former funds and downgraded ratings

AMI head welcomes move for higher qualifications

The Association of Mortgage Intermediaries has given its support for voluntary higher-level qualifications for mortgage brokers, according to Rob Sinclair.

Qatar, China groups to open Peninsula Paris after €430m refurb

The building near the Arc de Triomphe was previously an international conference centre and was acquired by developer Qatari Diar for €456m in 2007, with HSH taking its 20% stake in 2009.

German gold reserve will remain in U.S after positive audit

The Bundesbank owns nearly $200 billion worth of gold, but only a third of it is stored in Frankfurt.

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