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

Guinness powers up for sales push

Guinness has a range of seven well-established funds and is keen to widen its profile among IFAs.

Global hedge fund industry undergoes significant change

This change means hedge funds have had to adapt to the new source of capital, and the demands associated with institutional investors — namely the need for a more robust operational infrastructure and thorough terms of due diligence.

Grosvenor confirms sale of the Edinburgh Technopole science park

LaSalle said the park would bring in more tenants as a result of joining its portfolio of six UK science parks.

NYSE Euronext Answers London Calling With Rival Exchange

Groupe Eurotunnel will be the first company to start trading on the NYSE Euronext London, from 19th July.

Hedge fund stars ponder "moment of truth" in Monaco

Behind the glitz of the annual hedge fund shindig, the 500 or so financiers who made the trip privately confess their struggle to find winning strategies given unpredictable markets, fretting clients will lose faith and snatch back their money.

ABN AMRO strengthens ties with Hamilton Bradshaw

Having built a relationship with ABN AMRO Commercial Finance over a number of years, Hamilton Bradshaw looked for further opportunities to use invoice finance and continue their acquisition programme, finding an opportunity to refinance in Human Capital I

Deutsche Bank Ends Deal Talks With Guggenheim Partners

The German bank, which had been in exclusive talks with Guggenheim since February, said the two sides were unable to agree on terms for the sale of RREEF, its real estate investment business.

5 High-Tech Smart Homes for the Super Rich

More and more high-end properties feature such "smart-home" technologies - professional-grade audio/video systems, plus lights, thermostats, window shades and more that you can control with an Apple (AAPL) iPad or other smart device.

ABN AMRO Private Banking moves to Overweight on hedge funds‎

Underweight allocations are held for commodities and fixed income, with high-quality corporate bonds preferred – particularly in Asia. The bank remains wary of safe-haven government debt, with record low yields vulnerable to interest-rate rises.

Barings announces launch of Baring Emerging Markets Corporate Debt Fund

Fund will use innovative currency overlay to hedge US$ exposure into EM currencies

Standard Life Launches Auto-Enrolment Toolkit

Standard Life has launched a toolkit aimed at helping employers and advisers plan for the introduction of auto-enrolment and identify the potential cost impact.

Deutsche Bank preferred brokerage provider in Emerging Europe the Middle East and Africa

Deutsche Bank ranks first on Institutional Investor’s 2012 Emerging-Markets Equity & Fixed-Income research, sales and trading teams.

Invesco Real Estate appoints head of global research

Tim joins from ING Real Estate management where he spent the past seven years, most recently as the global head of research and strategy and previously as the Asia-Pacific head of research and strategy.

Time for UK valuable residential property owners to start thinking

If an individual, trustee, partnership of individuals, or a bare nominee buys a residential property worth over £2m, the rate of SDLT is 7% on the total consideration.

Ex-Hiscox boss' start-up Aurum prepares full UK roll-out

Underwriting on behalf of certain underwriters at Lloyd's of London, Aurum has also secured long-term commitments to support its bespoke underwriting approach and pricing. Full details of products and capabilities will be announced over the coming mo

AXA private equity raises $8 billion for bank asset buys

Banks, which urgently need to fortify their capital buffers, are in a rush to offload private equity assets they spent billions on in the heady days before the financial crisis, causing a flurry in so-called secondary sales.

Barings fund hits GBP5bn under management

The volatility of the fund since inception is 7.4%3 which is less than half the FTSE ALL Share index volatility of 17%3 over the same period.

Four new UBS ETFs launched on Xetra

Four new exchange-listed equity index funds from the issuer UBS Global Asset Management have been tradable in Deutsche Börse's XTF segment since Friday.

HKEx Shares Tumble as LME Purchase May Clear Regulator

The takeover would give Hong Kong control of a business that sets global prices for base metals, while LME stands to gain greater access to China, the biggest consumer of metals including nickel, aluminum and copper.

Postbank sells Asset Management to DWS

The sales contract was signed today. As such, Postbank is increasing its focus on its core business in consumer banking, without reducing its product range.

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