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

Growth fund gears up for £150m London float

The firm is hoping to capitalise on the decline in banks’ support for private equity buy-outs, which has restricted the number of deals taking place.

Kensington House Prices Rise to $3.5 Million in London ‘Bubble’

Asking prices for homes in London surged to a record this month as values in the borough of Kensington and Chelsea rose to an average 2.2 million pounds ($3.5 million), according to Rightmove Plc. (RMV)

Albourne gives ultimatum to hedge fund managers

Comply with global risk reporting standards or your fund will be dropped

New Acquisition for Vistra Group announced in Belgium

Vistra has announced the successful purchase of Corporate Services Belgium CVBA, a Belgian corporate services provider with offices in Brussels and Antwerp.

Fund managers join Oriel Asset Management

UK-based Oriel Asset Management has entered into an agreement with Williams de Broë Asset Management over the running of the WDB Oriel UK Fund, the WDB Oriel European Fund and the WDB Oriel Global Fund with assets of £90m. Managers Patrick Bart

ING says in talks to repay Dutch aid as soon as possible

"We are keen to pay the Dutch state as soon as possible,"

Axa Wealth multi-manager Architas reveals RDR pricing

The company offers passive, active and blended ranges of multi-manager funds

Transact says RDR has sparked distribution ‘war’

He believes life offices face the most dramatic change as a result of the RDR

Whitechurch Securities to acquire £50m client books; revamps DFM

The Bristol-based firm has already boosted assets by acquiring five client banks this year.

Firms Exiting Businesses Due to Capital Requirements - RESEARCH

According to survey respondents, the introduction of central clearing is expected to result in lower margins, increased collateral requirements and a general increase in the cost of doing business in areas such as OTC derivatives.

Investors cut back on hedge funds despite rally

"Inflows have remained steady, while outflows have spiked in line with quarter-end rebalancing," Bill Stone, Chairman and Chief Executive Officer at SS&C Technologies, said.

SNS Reaal retail bank may cut hundreds of jobs

In July, the group said it was considering the sale of its insurance business, which is one of its main cash generators.

ME investors show interest in London property market

The number of UAE investors buying second homes in London continues to increase due to increased connectivity through frequent flights to the United Kingdom's capital and other cities from the emirates.

Cofunds reveals most popular funds in September

Other funds in the bestsellers list included the £12.7bn Standard Life Global Absolute Return Strategies fund, the £2.9bn Newton Global Higher Income fund and the £550m Liontrust Special Situations fund.

‘Platforms ignoring investment trusts’

The largest platforms are ignoring investment trusts, citing lack of demand but failing to provide the required whole of market offering to advisers, James de Sausmarez has claimed.

Saxo Bank buys Uruguayan broker

Luis Simões Pereira will head up Saxo Capital Markets, Agente de Valores. He has worked in the financial industry since 1996 and joined Saxo Bank in 2006.

Novia becomes first wrap to offer commercial property

Chief executive says platform is following in footsteps of Sipp and Ssas markets.

Ardon Gets Off The Ground With Family Office Seed

The Ardon Asia Fund will invest primarily in Australia, China, Hong Kong, Korea and Singapore

Axa Teams Up With Norwegian Wealth Fund to Buy German Properties

The properties were sold by Royal Bank of Scotland Group Plc in a deal that will probably be completed by the end of the year, Axa Real Estate and Norges Bank Investment Management said in separate statements today.

Aviva launch 'Thinking Book' for advisers

New Thinking uses the mnemonic MINDSPACE

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