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

Woodford awarded CBE in Queen's Birthday Honours List

“We think it is our responsibility to give our advice and halfpenny worth on how they should allocate capital.

SS&C GlobeOp Hedge Fund Performance Index May 2013 and Capital Movement Index

Net inflows increased for the month of June, with subscriptions outpacing redemptions 2 to 1,"

Deutsche Bank’s Property Funds Testing Waters in Southern Europe

German pension funds and insurers that invest with Europe’s second-largest bank have begun to show a willingness to target assets in southern European countries hurt by the sovereign debt crisis

SocGen in talks to buy out Newedge venture-sources

SocGen and Credit Agricole have yet to reach agreement on a price

Amundi strengthens its third party distribution business

With approximately €750bn of assets under management1, Amundi is a partner of choice for retail investor investment solutions.

Women under represented in fund management

Only 5 per cent of retail funds are managed or co-managed by female fund managers

US asset manager Thornburg opens London office

Thornburg Investment Management hires Chris Elsmark and Karim Elfar to head up first non-US office to expand its global distribution.

TCW Opens Offices in Paris, Hong Kong

The TCW Group, a global asset management firm, is pleased to announce the expansion of its distribution efforts in Europe and Asia

RBC Investor & Treasury Services appointed global custodian by Polaris

"Asset managers and institutional investors are an increasing strategic focus for RBC Investor & Treasury Services in Italy.

London's role as int'l center for RMB business continues to grow

Strong levels of growth were observed across the institutional and inter-bank market.

MidEast investors boost Euro football revenues

Middle East investment in European football clubs has surpassed $1.5bn and has been the key driving force behind the sport’s significant revenue growth during the continent’s economic downturn, according to a report by Deloitte.

RBC Emerges as Possible Swip Bidder

The future ownership of Swip, which primarily manages money on behalf of Scottish Widows, has been the subject of speculation for some time.

Harlequin investor group offers to transfer assets to a trust Read

A group of 1,100 Harlequin investors is proposing to make an offer to the company's chairman, David Ames, to put the troubled overseas property company's assets in a trust while a managed wind down of the business is achieved. Read more: http:/

Dagong Global gains market access to EU

Having gained authorization from the European Securities and Markets Authority (ESMA), the company will officially start conducting business in Europe on June 13.

Hedge fund couple to give hundreds of millions of pounds to fight malnutrition

The Children’s Investment Fund Foundation (CIFF), which is funded from the profits of TCI, is expected to make a record commitment by a private charity at the Nutrition for Growth Summit being held in London ahead of the G8 meeting.

ME investors eyeing prime London property

"As one of the world’s most cosmopolitan cities London offers a wealth of cultural and leisure experiences. Property prices continue to rise and we have a buoyant rental market,"

Chinese predators step up luxury push

The transaction is likely to be finalized before the end of June, the report said.

ECU Group launches Global Macro Advisory Service

The ECU Group has announces the launch of its customised Global Macro Advisory Service, granting institutional clients and family offices exclusive access to ECU’s highly regarded Global Macro Investment Committee.

Major platforms taking ‘months’ to process re-reg requests

Funds supermarkets call for greater uptake of automated systems, blaming manual systems for “poor consumer outcomes”.

Cofunds sees profits falls 17% to £6m

Legal & General-owned platform Cofunds has seen pre-tax profits fall 17 per cent to £5.9m in 2012, down from £7.1m in 2011.

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