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

Towers Watson to acquire Oxford Investment Partners

The deal - for an undisclosed sum and subject to regulatory approval

Aegon and Banco Santander Form Long-term Strategic Partnership in Spain

The transaction is expected to close in the first half of 2013 subject to regulatory approval and will be financed from existing resources.

London's Liffe the prize as US exchange swoops in $8.2bn deal

London’s status as a world financial capital has received a major boost after a US exchange paid billions of dollars to help secure control of Liffe, the City’s largest derivatives market.

ESMA clarifies rules for alternative investment funds and their managers

The Directive provides the legal framework for both alternative investment funds (AIFs) and their managers (AIFMs).

AIMA reponds to final AIFMD implementation text

The publication of the final text marks the conclusion of the current EU-wide legislative process and will shift the focus to a national level, with EU member states required to transpose the Directive into their national laws.

Hargreaves Lansdown adds Odey Opus fund to Wealth 150

“Both funds are managed using a similar strategy so we are comfortable with this change.” says Hargreaves Lansdown in a statement.

Threadneedle launches Multi Asset Target Alpha fund in Italy

Initially launched in September, Threadneedle's fund offers global exposure across a range of asset classes with the aim of producing positive returns in all market environments.

Malaysian billionaire invests in Italian yacht maker

Asia is an incredibly growing market for yachting

Citi bags big Swedish hedge fund manager mandate

We are delighted to appoint Citi for our new Carve funds

GEM Income Fund launched by Standard Life Investments

“Our experience in investing for income will work extremely well within the context of Global Emerging Markets and I’ve no doubt that the combination will prove valuable for investors.

BNP Paribas Securities Services reveals Solvency II Capital Requirement solution

This launch reflects BNP Paribas’s ambition to expand its market leading position in the insurance industry by adapting to an ever-changing environment and bespoke client needs.

Cofunds Taps Calastone, Barclays for Fund Settlement

In response to the fund industry's demand, Calastone launched a settlement service to standardise and improve settlement automation.

State Street quits bidding for Credit Suisse ETF unit

The investment banking arm of Credit Suisse is representing the parent company in the deal

Switzerland's SIX to Buy Oslo Exchange's Post-Trade Unit

The envisaged consolidation of additional volumes and clients on to a single platform is also expected to help reduce unit costs and increase flexibility for customers. Integration work will start after closing of the transaction in 2014.

Hedge Funds Up Over 6% Through November

Performance for the Broad Index and its 10 sub-strategies is calculated monthly.

Aviva Sues Dewey's Former Managers

The lawsuit turns on a private bond placement that Dewey floated in 2010 to refinance about $150 million in existing debt.

Generali to spend 300 mln euros on domestic restructure

The reorganisation at Italy's biggest insurer comes after Greco launched a review after taking the helm in August.

Legg Mason and Permal Announce Acquisition of Fauchier Partners

The transaction is expected to close in the first quarter of 2013.

Standard Life sells Canadian offices for £65m

Edinburgh-based Standard Life said today’s deal means it will receive a one-off boost of around £140m to its pre-tax operating profits in the year to 31 December.

Commodity Market Stable Amid Continued Macroeconomic Uncertainty in November

Commodities were relatively unchanged in November as continued macroeconomic uncertainty weighed on markets.

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