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

Axa boosts multi-asset range with double fund launch

The Axa WF Global Flex 50 fund is aimed at more risk-averse investors

Jupiter Absolute Return Fund removal from Wealth 150

The Jupiter Absolute Return Fund was to adopt a similar, but more cautious approach

Deutsche Bank research reveals dramatic transformation in investor evaluation of hedge funds

Deutsche Bank has revealed a fundamental shift in the depth and nature of due diligence carried out by hedge fund investors.

Barclays launches ‘one-stop’ Guarantee issuance service for financial institution clients

Barclays has launched a Network Guarantee issuance service which allows financial institution (FI) clients to issue Guarantees to beneficiaries in any Barclays footprint country, through its one-stop issuance hub located in the UK.

Deutsche Börse Q3 profits slide

Deutsche Börse AG published its results for the third quarter 2012, which continued to be dominated by a markedly weak market environment, on Monday.

Jupiter hits back at Hargreaves Lansdown over performance fees criticism

Jupiter Asset Management has hit back at Hargreaves Lansdown’s criticism of its performance fees after the £742m Jupiter Absolute Return fund, managed by Philip Gibbs was dropped from its Wealth 150 fund buy-list.

Standard Life expands Global emerging markets range

Standard Life Investments has announced the launch of its Global Emerging Markets Unconstrained SICAV.

RDR will stop preferential fund manager deals

Transact says the RDR will prevent platforms from negotiating deals with fund managers

Odey Asset Management Purchases A 5% Stake In Man Group

The stock value of Man Group Plc (LON:EMG) surged by 1.80 GBp, or 2.25 percent, from its previous close at 80.05 GBp per share to 81.85 GBP per share on Friday at the London Stock Exchange.

Bank closer to Leeds takeover

The takeover of the British football club by GFH Capital

Old Mutual plans restructure over merger

Julian Ide has been confirmed as chief executive of Old Mutual

Standard Life Investments GARDS wins 100 Club Award

Standard Life Investments GARS fund won the Alternative Investment Category award on the basis of its performance over one and three years beating off competition from BH Global, CF Odey and Threadneedle to win.

Revealed: S&P Capital IQ’s 2012 fund award winners

S&P Capital IQ Fund Research has announced the winners of its 2012 Fund Awards which seek to recognise outstanding performance in the fund management industry.

RBS under pressure to offload US business

Royal Bank of Scotland has come under pressure to sell its US business

Novia brings Carmignac Gestion to the UK

The funds cover equities, bonds and diversified asset classes, and have been added as part of a push to attract advised business, according to the two firms.

Standard Life Investments launches emerging market debt fund

Benchmarked against the JP Morgan EMBI Global Diversified Index, the Fund will aim to provide income, with some capital growth, over the long term by investing primarily in US dollar denominated emerging market debt.

Henderson put on review by investment trust board

“There is an element of underperformance to be expected when you’re in a value-oriented market.”

Metro Bancorp Swings To Profit In Q3

Net income for the third quarter was $2.0 million or $0.14 per share

BNP Paribas Securities Services Wins New US Global Custody Mandate

“As one of the largest administrators of UCITS funds with a heritage in strong client service, BNP Paribas was the stand-out contender,” added Mr. Farman-Farmaian.

Chinese sovereign wealth fund set to become a landlord in the UK’s most important office market

A Chinese sovereign wealth fund is set to become a landlord in the UK’s most important office market: the City of London.

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