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

Hedge Funds Start 2014 in the Red

According to Preqin’s Hedge Fund Analyst, hedge funds made a loss of 0.17% in January 2014, the benchmark’s first month in negative territory since August 2013.

Majority of Fund Managers Think Investors Still Won't Be Engaged in AIFMD Considerations by 2015 - Northern Trust

More than 50 percent of fund managers, prospective clients and consultants attending a recent Northern Trust seminar on the European Union's Alternative Investment Fund Manager Directive

Saxo introduces Futures Spread Trading

Saxo Bank, the online trading and investment specialist, is further enhancing its product portfolio for its retail and institutional clients through the introduction of futures spread trading.

2014 Alternative Investment Survey highlighting key trends shaping the hedge fund industry - Deutsche Bank

Allocators from 29 different countries completed the survey. Approximately half (46%) of responding investors manage $1bn+ in hedge fund AuM, and 18% manage over $5bn.

UK fund managers promise more transparency on research costs

Britain's top fund managers pledged on Tuesday to be fully open with customers over how their money is spent on investment research in an attempt to limit a looming regulatory crackdown.

TMF Group takes over Custom House

TMF Group’s fund administration business has offices in Rotterdam, Sydney, Geneva, Sofia and Malta. The acquisition of Custom House’s business allows TMF Group to further expand its business into the growing alternative investment sector (incl

SSgA SPDR unveils short-maturity sterling corporate bond ETF

State Street Global Advisors (SSgA) has expanded its range of short-maturity bond ETFs with the launch of the SPDR Barclays 0–5 Year Sterling Corporate Bond UCITS ETF (SYBQ) on the Deutsche Börse (Xetra).

Five new firms join MARF as Registered Advisers

The Spanish alternative fixed income market operated by BME - already has 11 Members and 11 Registered Advisers

Arden launches Ucits fund of hedge funds

The newly launched Arden Diversified Alternative Strategies fund, domiciled in Ireland, will take a multi-manager approach to hedge fund investing.

Smith & Williamson cuts AMCs on 13 funds

Smith & Williamson Investment Management is reducing the annual management charge of 13 clean funds in its pooled fund range.

Aegon platforms to switch legacy assets by end 2014

Aegon has confirmed today that its retirement platforms Arc and One Retirement have fully switched to clean share classes for new business in line with FCA rules banning cash rebates that come into force in April.

BNY Mellon's Newton launches new UK charity fund

The Fund underscores Newton’s commitment to the UK charities sector, in which it has managed client assets for over 25 years and is one of the largest charity investment managers, as judged by Charity Finance**.

Deutsche Börse takes stake in UK fixed-income platform

Deutsche Börse has invested in a fledgling UK-based fixed-income trading platform, which is aiming to capitalise on tighter regulatory capital rules forcing major dealers to retrench from the bond market.

IMA to open consultation on cost transparency

The Investment Management Association is preparing to produce a feedback statement after a lengthy consultation on ways to promote transparency in costs, Daniel Godfrey has said.

Standard Life, L&G stand by hospitality for advisers

The 18-page finalised guidance from the regulator, published last month, questioned whether firms that offer services such as IT or consultancy assistance could be creating commission bias.

Schroders merges three funds after move to Luxembourg

Schroders has redomiciled five Cayman Islands-listed funds into its Luxembourg range and merged three of the products as part of the integration of Cazenove Capital Management.

European fund managers form $3 billion hedge fund venture

Paris-based investment firm La Francaise and Anglo-Italian hedge fund manager TAGES Capital are combining assets to form a European fund of hedge funds joint venture.

Warburg-Henderson wins €200m German pension mandate

The new vehicle will invest in office, retail, operator properties and special-use assets in north Germany with a focus on Hamburg.

Royal London posts record inflows in 2013

Asset management arm sees £3.9bn of new money in 2013 while Ascentric platform notes 43 per cent increase in assets.

ING Posts 2013 Underlying net Profit of EUR 3,225 Million

NG Group full-year 2013 underlying net profit of EUR 3,255 million, up 22.2% from full-year 2012 2013 net result EUR 3,232 million, or EUR 0.85 per share, including divestments, special items and discontinued operations

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