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

Hiscox merges UK and Europe businesses

Move sees a raft of internal promotions including Steve Langan who will head up Hiscox UK and Europe

Braveheart Swings To Loss On Envestors Sale

Braveheart made a GBP845,000 pretax loss for the six months ended September 30, compared with a GBP67,000 pretax profit for the corresponding period the year prior.

Mercia launches third growth fund

Mercia Growth Fund 3 follows two previous funds which invested in medtech, gaming, telecoms and e-commerce sectors.

Gibraltar Gov’t approves plans for new ‘locally-owned’ community bank

The Gibraltar Government has approved plans for a new “credit institution” that is seen as filling a need in the marketplace that was made more urgent by Barclays' recent announcement of plans to reduce its Gibraltar presence.

Russian Bank Looks to Create New Digital Currency to Compete in Bitcoin Market

The growing number of major banks seeking to profit from the Bitcoin phenomenon is escalating around the world.

Bitcoin clones set to kill digital currency?

Citibank’s analyst believes that the market is likely to end up with a plethora of “bitcoin lookalikes with little to choose between them, so pricing becomes very difficult.

Deutsche, Harvest ready London RQFII ETF

Deutsche Asset & Wealth Management and Harvest Global Investments plan to list the exchange-traded fund in Europe, initially in London

Nordea Adds Four Funds To Sicav Range

Nordea Asset Management has launched two bond funds and two emerging market equity funds in its Nordea 1 Sicav range.

Redington wins advisory mandate from St James’s Place

Redington, mainly an institutional adviser, was voted top consultant in this year’s Financial News Awards for Excellence.

Lombard Odier in fresh assault on UK retail market

Nine of its Luxembourg-based funds are now available to UK investors in sterling shares, including the top-performing Lombard Odier Technology fund and the $835m Lombard Odier Emerging Consumer fund.

Invesco sells property fund stake in latest Woodford-related disposal

The sale netted Invesco around £36m. Part of the stake was picked up by Lazard Asset Management, another major existing holder: Lazard's stake rose from 14% to 18% on the same day.

RSA to offload peripheral businesses to fuel capital

The Telegraph understands that Martin Scicluna, who has taken control of the FTSE 100 insurer following the exit of chief executive Simon Lee on Friday, wants to offload non-core businesses.

CBD flush with solar bonds

The capital raised by SEB will fund the design, development, installation and management of a book of approximately 40 commercial rooftop solar energy installations across the UK.

BNP Paribas team leads amLeague as returns drop in November

French giant BNP Paribas’s THEAM team has topped the latest amLeague rankings as the manager's overall returns suffered a considerable drop compared to October’s results.

Standard Life pushes for departing executives to keep shares longer

The new guidelines emphasise the investment manager's support for pay arrangements at companies which require senior executives to retain an "appropriate" proportion of the shares they own in a company after leaving.

Boutique bank that advised on ICE-NYSE deal plans expansion

The West Coast expansion will bring the firm closer to key players in the fast-growing payment provider industry, co-founder Jerry von Dohlen said in an interview.

BNY Mellon Launches AIFMD Regulatory Reporting Service

Flexible solution for AIFMD's complex data collection, management and reporting requirements

Deutsche Bank launches Coeli Macro strategy on dbSelect

The manager will aim to produce superior returns by exploiting overall market volatility and direction using foreign exchange and other exchange traded instruments.

Monte dei Paschi di Siena attracting investment interest from Qatar

There is a lot of activity going on but the talks are going well

PE has become more attractive after the global financial crisis: Coller Capital

A study based on the views of 113 investors across the globe and released on 9 December.

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