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

L&G’s bond star Hodges quits

Mr Hodges’s forthcoming departure will be a blow to the group

Tech giants pose threat to fund houses

The likelihood of technology giants entering the fund market has increased as many of these groups have accessed the financial services arena through online payment businesses.

Barclays planning exit of some commodities markets: FT

Barclays is planning to withdraw from parts of the metals, agricultural and energy markets, echoing moves by other major players like JPMorgan Chase and Morgan Stanley away from the commodities business.

Nama takes control of London property at centre of €200m development plan

NAMA has taken control of a property in the City of London earmarked for a £200m development.

'Unnamed' billionaire eyes €15m Mt Juliet

The iCapital Group is said to be in a shootout with the likes of Pat McCann's Dalata, Ritz Hotels and Brehon Capital for the iconic golf destination.

AIMA publishes new guides for hedge fund managers who want to comply with AIFMD

The new guides cover three of the most important EU jurisdictions for the industry - the UK, Ireland and Luxembourg - and build on the generic AIFMD implementation guide that AIMA published in January 2013.

WisdomTree Completes Investment to Create WisdomTree Europe

WisdomTree Investments, Inc.an exchange-traded fund sponsor and asset manager, announced today that it has completed the acquisition of Boost ETP

London retains edge with Middle East investors

London taking 23 per cent of the entire European capital flow

Charles Stanley sees encouraging growth

Charles Stanley Group reports encouraging growth in funds under management and associated revenues for the 12 months to the end of March.

BNY Mellon is Top Fund of Hedge Funds Administrator in Two New Industry Surveys

According to eVestment, total alternative AUA across the industry rose steadily in the six months since its prior survey.

BlackRock shuts Evy Hambro’s small-cap mining fund

BlackRock has closed a fund that was launched just two years ago for Evy Hambro after it failed to attract sufficient assets.

Sigma completes successful switch to urban regeneration

The completed phase comprises a 30,000 sq ft two-storey commercial development

Arts exports climb to a five-year high driven by wealthy Russian and Chinese shoppers

Demand from wealthy Russians and Chinese investors looking to increase their cultural credentials has pushed the UK's art export market to a five year high.

Aston/Pictet International Fund launched

Aston will act as the investment adviser to the Fund while Pictet Asset Management Limited will act as subadviser, responsible for the day-to-day management of the Fund.

Brit Singer Allen Wants To Work With Hedge Fund

Frustrated with the music industry, British singer/songwriter Lily Allen says she would like to work with a hedge fund to get her product to the public.

Chatfeild-Roberts buys property fund for first time in a decade

Jupiter’s John Chatfeild-Roberts and team have added a commercial property play as well as funds from Invesco Perpetual and Majedie as part of the latest changes to their Merlin multi-manager portfolios.

UK industrial REIT Segro secures €460m of debt

UK industrial REIT Segro has agreed new bank facilities totalling €460 mln with a banking syndicate including Barclays, Bank of China, BNP Paribas, HSBC, Lloyds, KBC, Santander and Bank of America Merrill Lynch.

Multi-asset funds top Skandia sales charts in Q1

Platform says UK equity funds also sold strongly in the first three months of 2014.

Newton to build on the success of absolute return

BNY Mellon has confirmed it is to launch a second fund in the targeted absolute return sector, as its Newton Real Return fund approaches £9 billion in assets under management.

BNY Mellon wins AIFMD deal from Dutch pension administrator

We are well-placed to provide comprehensive support for our clients as they prepare for the far-reaching changes that AIFMD will bring

Alternative Investments