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

LME boosts outreach strategy with new education offering

The London Metal Exchange (LME) today announces a new education offering for market participants as it focuses on greater market engagement to expand the business globally.

Standard Life Wealth expands MPS after Newton integration

Standard Life Wealth is broadening its proposition with the launch of a Conventional Managed Portfolio Service

Bank holds rates at record 0.5% low

UK is heading for six years of rates at the historic low of 0.5% after they were slashed in March 2009.

Aberdeen Asset Management buys Glasgow office development in £27m deal

Aberdeen Asset Management has acquired a 73,000 sq ft office development in St Vincent Street in Glasgow in a deal worth around £27 million.

Reconciliation Specialists Watson Wheatley Sign London Hedge Fund

We believe that the combination of rapid data aggregation, an accounting framework and our unique total equity calculation are playing a major role in growing our client base” commented Director Duncan Wheatley.

Ex-Moore Capital manager Findley's hedge fund Bramshott to close

The Bramshott Europe Fund bets on rising and falling prices in regional equities. It was spun out of Moore Capital in May 2011 and managed about $425 million in October last year, a letter to investors obtained by Reuters showed

US boutique teams up with BofA Merrill Lynch for Alt Ucits launch

The fund was formally added to the Merrill Lynch Investment Solutions platform

Acappella launching third-party capital re/insurance fund manager

Acappella Group Holdings was funded by broker Willis Group and Bermuda insurance business Ironshore

Brit launches Bermuda SPV for catastrophe capacity

Speciality insurer Brit has created a new special purpose vehicle to provide capacity support for its property treaty portfolio for 2015.

Web 2.0 bank Fidor to open US outpost; UK launch "in final stages"

Innovative German bank Fidor is preparing to launch in the US after signing a partnership agreement with an undisclosed local bank.

Morningstar unveils real return DFM portfolios

Morningstar OBSR Managed Portfolios has launched a range of discretionary real return multi-asset strategies, expanding its young UK DFM service.

Berenberg, BayernLB to Join Forces in Investment Banking

Berenberg Bank and BayernLB are teaming up in the area of corporate finance, aiming to profit from a wave of expected mergers and acquisitions in the coming years.

Webb sets out plans for pensioners to sell annuities

Pensions minister Steve Webb has set out plans to allow pensioners who have already bought an annuity to sell the product in return for cash.

Blackfield Capital CEO led life of luxury and had US expansion plans before disappearing with firm’s assets

Today, almost three months on, further information surrounding the internal operations of the company have emerged

Standard Bank Wins 2014 IFM Award for 'Best Managed Bank, Angola'

London-based International Finance Magazine has conferred the 2014 award for 'Best Managed Bank' in Angola to Standard Bank.

Hargreave Hale on hunt for fresh faces after Worcester move

The relocation comes after the recent opening of a new branch in York

JLT Ireland acquire Liberty Asset Management

JLT Ireland expands employee benefits capabilities through the acquisition of Liberty Asset Management Ltd

IMA rebrands as The Investment Association

It now represents around 85% of UK investment management

Barclays seeks to reopen market with relatively safe bet

Barclays is the first issuer to wade into the FIG market with a sterling three-year covered FRN, a relative safe bet which should successfully deliver the first benchmark deal of 2015.

Foreign Investors Purchase $1.8 Billion of Dutch Rental Housing in 2014

A total of approximately 14,300 rental homes were sold to foreign investors in approximately 10 different transactions.

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