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

CQS plans equity hedge fund launch

Hedge fund firm CQS is planning to launch its first so-called long-short equities fund

Goldman Sachs soft closes $1.7bn Next 11 fund

It is understood the firm is lining up a new growth markets equity portfolio, which would target the Bric (Brazil, Russia, India and China) markets, alongside Mexico, Korea, Turkey and Indonesia and launch in January.

Aviva Investors exits Absolute Return sector after IMA review

Aviva Investors has opted to pull its absolute return fund out of the Investment Management Association’s (IMA) Absolute Return sector

Dodge & Cox Worldwide Funds Added to Cofunds

one of the largest privately owned investment advisers in the world, announced today that Dodge & Cox Worldwide Funds plc, organised as an Ireland‐domiciled UCITS*, was recently added to three investment platforms:

Generali sell US life reinsurance unit

SGLA will be able to leverage the acquired expertise and advanced systems

May 2013 Private Client Indices and ARC Charity Indices Estimates Now Available

To gain access to the Estimates, which cover the period from 1st May to 31st May 2013, please click below:

Advisers drive Parmenion new business surge in 2013

Discretionary fund manager (DFM) Parmenion said it has witnessed a surge in new funds under management since the start of the year due to increased appetite among advisers Read more: http://www.ifaonline.co.uk/ifaonline/news/2272437/advisers-drive-parmen

Aegon and Banco Santander Complete Exclusive 25-Year Partnership in Spain

Aegon has completed an exclusive 25-year strategic partnership with Spain's largest group

Reed Elsevier completes divestiture of RBI France

Reed Elsevier Group has completed the sale of its French b-to-b media and professional services unit

Deutsche Bank to launch bond trading in Poland -sources

Deutsche Bank AG will soon launch a fixed-income trading business in Poland

ESMA approves EIU as a credit rating agency

ESMA is now responsible for the supervision of 20 registered and two certified credit rating agencies.r

Morningstar hedge fund performance up 1.2% in April, 5.1% year to date

April saw global stocks and bonds rally, while commodity prices sharply declined, ” Philip Guziec, alternative invest ments st rategist at Morningstar

CBD Energy launches Investment Bond

Aussie entrepreneur McGowan powers investment programme in UK wind and solar energy generation through energy bonds PLC

Investec unveils Ucits fund for multi-asset chief

Asset management firm announces plans to open out €188m fund to international investors, Citywire Global can exclusively reveal.

Durrant and Philbin team up for Harwood Multi Manager launch

Durrant will be chief executive of the new business, which is part of boutique investment group Harwood Capital, while Philbin will be chief investment officer.

Five biggest platforms' market share falls 20%

The market share of the biggest five UK adviser platforms has decreased by 20 per cent in the last three years, falling from a 90 per cent in 2010 to 70 per cent in Q1 this year

AIMA paper highlights areas for deeper international coordination of OTC derivatives regulation

The paper, ‘Addressing overlaps between EMIR and CFTC OTC derivatives regulation’, provides examples of potential regulatory conflicts

Henderson Global Investors clinch greater fund efficiency via Euroclear UK & Ireland

Henderson is among the front runners of major international asset managers embracing EUI’s new electronic ‘order-routing-through-to-settlement’ service.

Hedge fund managers generate billions of returns in record start to year

Booming stock markets and global money-printing have allowed some of the world’s biggest hedge funds to generate billions of dollars of returns in a record start to the year

Alliance Trust adds 100 more clean funds to platform

New tranche of clean fee share class funds bring total on platform to over 1,700.

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