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

London remains global leader in offshore RMB market

The recent agreement between the People’s Bank of China and the Bank of England was a significant milestone, according to new report

AXA announces a co-operation agreement with LinkedIn

The co-operation aims at supporting AXA HR, Marketing & Communications and Sales teams through LinkedIn offering innovative solutions and access to premium services.

Council pension fund buys £7.8m estate

The 142,220 square foot estate is occupied by Evans Vanodine, Yodel and Three Nations

Cyprus fund association admitted into EFAMA

The Cyprus Investment Funds Association has become a member of EFAMA following a “rigorous assessment” of Cyprus’s fund management framework.

Correlations rise as banks cut out smaller funds

Many see the trend as an inevitable consequence of the Basel III-induced squeeze on banks' markets businesses, which has sparked a root-and-branch overhaul of client coverage models.

Cyprus fund association admitted into EFAMA

The Cyprus Investment Funds Association has become a member of EFAMA following a “rigorous assessment” of Cyprus’s fund management framework.

Guernsey wins award for Insurance Linked Securities

Guernsey has been named 'best in class' for Insurance Linked Securities at the Professional Adviser International Fund and Product Awards 2014.

Jersey’s ‘competitive edge’ highlighted in winning ‘Best International Financial Centre’ Award

Jersey has won this year recognising its strengths as a finance centre

UK’s Knight Frank opens office in Italy

As Italy comes more and more onto investor radars amid Eurozone economic recovery,

Call for 'National Wealth Service'

A "National Wealth Service" should be set up to help people stay financially fit throughout their lives

‘Black Swan’ hedge fund plans UCITS vehicle

36 South, the hedge fund whose ‘Black Swan’ vehicle returned 200% in 2008, plans to launch a UCITS version of its long-volatility structure for investors concerned with the current market environment.

International Fund & Product Award winners announced

Best in class awards were also given for a particular element of an entry that shone out above all others

Why Fund Benchmarks are Bad

Benchmarks are not just restrictive to investing, but actually damage returns

French scheme tenders $50m emerging market mandate using IPE-Quest

The successful manager should have assets under management for this type of mandate of at least $500m

GAIM Monaco: P2P lending offers fund managers enormous opportunities

Fund managers are certainly taking note. Marshall Wace

Oaktree Capital Continues to Gain More Sovereign Wealth Fund Clients

Led by value investors Howard Marks and Bruce Karsh, Oaktree Capital Group, LLC has been able to lure yield-hungry public funds toward its various investment vehicles

Swiss Life AM expands distribution to Germany

Swiss Life Asset Managers has announced the opening of a Munich office in order to expand its asset management branch to Germany.

ABN Amro Becomes Latest Bank to Withdraw From Carbon Trading

The bank will continue to offer clearing services for carbon permits and offsets, he said. It has been active in the European Union emissions market since at least 2005.

Apsley forges alliance with major insurer to distribute and market its unique AIFMD insurance product

Insurance provider Apsley Specialty has joined forces with Lloyd’s Pembroke Syndicate 4000 to provide capacity for its insurance offering to the alternative asset management sector.

Disappointing start for trust after switch to Henderson leads to fears for future

The global investment trust which was moved last year from SVM Asset Management in Edinburgh to Henderson Global Investors in London has an uncertain future after a disappointing start under new management.

Alternative Investments