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

Aberdeen Plots Share Raid For Lloyds Division

One of the City's biggest asset managers is plotting a takeover of the fund management arm of Lloyds Banking Group that could result in the taxpayer-backed bank owning a sizeable stake in it.

Sustainable Asset Management join the FT Ethical Investment Conference

Although the majority of speakers agreed that financial return was key to investors, with ethical investments return could also be calculated on more than just a pure fiscal basis,

Threadneedle switches managers on corporate bond fund

The ex-LV product was transferred to Threadneedle in 2012 along with LVAM’s entire fund range

Launch Pad: Fund of funds

The launch means that all four of Brooks Macdonald’s actively managed portfolios are now available in unitised form

Aberdeen Asset Management confirms bid for Scottish Widows Investment Partnership

Fund managers bid would see Aberdeen form 'strategic partnership with Lloyds'

Urbicus acquires property debt from Glanmore

The fund, which holds UK regional office, industrial and retail property including 10% in Scotland, was last valued at £303m, above its remaining debt following asset sales.

AIM is 'no wild west', says Hargreave Hale

The Alternative Investment Market is no “wild west” but a profitable hunting ground for venture capital trusts

BlueBay Asset Management launches Total Return Credit Fund

BlueBay Asset Management has launched the BlueBay Total Return Credit Fund, which provides diversified global exposure to sub-investment grade credit through the credit cycle.

Andrew Lake & Fatima Luis launch strategic bond fund for Mirabaud

Actively managing duration and credit exposure across the business cycle would be the ‘main driver of performance’ for the fund.

SAC Capital to Shut Down London Office

Steven A. Cohen's SAC Capital Advisors will shut down its London office by the end of the year as the hedge fund downsizes in response to a long-running insider trading investigation

KKR to Acquire Avoca Capital

All Avoca employees in Dublin and London will join KKR on transaction close.

Dutch broker Binckbank Q3 results meet forecasts

Binckbank reported adjusted net profit of 0.15 euros per share

Kames Launches New Active Value Fund

Kames Capital has launched a closed-ended version of the successful Active Value Property Fund with founding investor commitments of £115m.

SS&C GlobeOp Forward Redemption Indicator: October notifications 3.36%

“Heading into the final quarter, the Indicator was almost 1% lower than in September, which is in line with historical patterns,” said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies.

FCA approves Paradigm network sale

The FCA has finally given full regulatory approval for the sale of adviser network Paradigm Financial Advisers, one year after negotiations commenced.

Invesco Perpetual UK Growth Fund Research Update

Martin Walker, manager of the Invesco Perpetual UK Growth Fund, seeks to identify well-managed, high quality companies and purchase them before their full growth potential has been identified by the rest of the market.

James Hay confirms 'mix and match' approach to fund pricing

Advisers and clients will be able to 'mix and match' based on their needs in the time remaining before the 2016 deadline

French bank apologizes after posting picture of squirrel's testicles

Because accidents don't just happen to others, insurance will also cover you for any temporary injuries

Wealth Fund Cautions Against Costs Exacted by High-Speed Trading

The U.S. market has gone through a lot of changes and has become quite complicated

Singapore’s £100bn investment fund plans expanded presence in London

Temasek is to use its new London office as a platform to explore a series of investments in Africa.

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