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

Global ETF AUM to surpass hedge fund industry in 18 months

While growth rates will be highest in Asia and lowest in the more mature US market, the growth drivers will be the same across all markets

Alberta Investment Management Corporation opens London office

The strategic decision to establish a European presence is a direct response to our growing portfolio of investments in the region.

Net retail fund sales exceed £20 billion in 2013

The Investment Management Association (IMA) today publishes its monthly authorised investment fund statistics for 2013:

Middle Eastern Investor to acquire UK commercial real estate

We are thrilled to have been chosen by this Investor to assist them

Schroders to merge multi-manager range with Brookes at helm

Schroders is to streamline its multi-manager range following the takeover of Cazenove last year

Three year old Sorrell Capital shuts up shop

Accounts filed at Companies House in December show the parent company fell to an annual loss of £11,288 for the year ending March 2013, although it is unclear if this was the reason for the fund’s closure.

Swaps body to reform benchmark to make rigging less likely

The global derivatives trade body is changing how its ISDAfix index is compiled following a U.S. and UK investigation into the process.

Unigestion Asset Management SA obtains AIFM authorisation

Unigestion has recently obtained AIFM authorisation from the French Financial Markets Authority for its asset management company based in France.

Tony Thompson exits nontraded REIT business

Noted real estate investor Tony Thompson is out of the nontraded REIT business.

London property market generated more wealth than New Zealand, report finds

Booming demand for flats and houses last year added £106 billion to the total worth of London’s increasingly precious property, now estimated to be worth a record £1.24 trillion, a study by estate agents Savills reveals.

£22bn languishing in 'dog funds'

The amount of investor money languishing in poorly performing 'dog funds' has risen 68% to £22bn in just six months, with three widely-held M&G funds entering the hall of shame.

Caerus extends investment partnership with Parmenion

Adviser network selects Parmenion as “investment partner of choice” to run discretionary portfolios.

China money manager applies for new quota for yuan product in London

"We've seen a lot of demand from institutional investors in Europe, especially insurance companies and family offices," said Ding Chen

China's largest bank Close to Buying Big Stake in Standard Bank's London Trading Business

Deal to buy a 60% stake in the South African bank's commodities and foreign-exchange operation in London, the people said.

Commerzbank puts €5bn Spanish Eurohypo property loans up for sale

Potential buyers include banks and private equity groups mainly from the US and UK.

Update: Zurich announces launch of Horizon Investment Solutions

As revealed by Investment Week last Friday, Zurich is launching Zurich Horizon Investment Solutions

Gazprombank launches first Ucits fund

Russian bank's asset management division issues $50m offering

Barclays Stockbrokers reveals new platform pricing

Barclays Stockbrokers has announced its new platform pricing model at 35 basis points for all fund investments with a cap on charges.

JP Morgan to launch onshore version of America Equity Sicav

JP Morgan Asset Management is to launch an onshore version of its $1.1bn Luxembourg-domiciled America Equity Sicav.

Barclays in £76m deal for Harwood

BARCLAYS’ corporate banking team in Edinburgh has arranged a £76 million loan for Harwood Real Estate to allow it to buy a portfolio of 41 properties.

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