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

SEB Asset Management lets entire London property

Nationwide will use the building as its new UK headquarters and will open a new branch on the ground floor.

Legg Mason adds 17 funds to offshore sectors

The group says it intends to add more offshore funds to the sectors in due course.

Legg Mason adds 17 funds to offshore sectors

The group says it intends to add more offshore funds to the sectors in due course.

Jupiter Fund Management director reduces stake

The first batch of shares were sold at 226.04p and the second for 225.00p, for a total of £67,656, taking his holding to 83,333 shares.

Generali looks to sell U.S. reinsurance arm

"Citigroup has been mandated for a possible sale of the U.S. assets," a source close to the matter said.

Why process is the key to tackling financial crime

Regulators across the globe have identified Firms who have failed to comply with relevant rules, as opposed to those who have actually enabled any form of financial crime to take place.

Hedge funds are a 'limited' risk, says FSA

Hedge funds pose little risk to the banking and wider financial system, according to an industry survey by the Financial Services Authority.

Gatehouse Bank buys $52m UK retail asset

The sharia-compliant investment bank bought the 107,000 sq ft building for £33.4m from accountancy firm KPMG, receiver to a failed Irish property company.

SocGen Germany leasing unit on the block -report

French bank Societe Generale , which recently agreed the sale of its U.S. asset management unit TCW, is now looking to sell its substantially smaller German leasing unit, called Pema, financial newsletter Agefi reported on Tuesday.

SS&C GlobeOp Forward Redemption Indicator: August notifications 3.34%

"Forward redemptions increased in August which is typical as we approach quarter end but redemption notices remained at moderate levels indicating continued investor satisfaction with alternatives," said Bill Stone, Chairman and Chief Executive

Manchester United: George Soros invests in football club

Mr Soros' investment fund bought about 3.1 million Class A shares in the club, according to the Securities and Exchange Commission.

Fears for corporate bond investors

The problem seems to be, according to the Financial Services Authority, one of liquidity.

Barclays Stockbrokers reveals the top 20 funds purchases

Barclays Stockbrokers has revealed the top 20 funds purchased by clients through its revamped Funds Market during July 2012 – a busy month for its funds investors which saw a 110% increase in fund investments compared to the previous month and a 51%

London Central: A Bubble about to Burst?

“Central London property: a bubble about to burst” seems to be the headline of the moment.

ICAP unveils shake-up of broking activities

The division will change its name from "Voice" to "Global Broking" and will be run by EMEA chief David Casterton.

Saltus Fund Management acquires Montague Capital

According to Saltus, the move will allow it to significantly broaden its current product offering, with Montague clients set to benefit from additional investment research.

Investec to rebrand managed distribution fund

Head of multi-asset Philip Saunders says the fund will be similar to the £25m Investec Diversified Growth fund, with more input from the bond team.

Jon Corzine, Ex-MF Global CEO, Is Considering Starting A Hedge Fund

That's right. Corzine, the former CEO of now-bankrupt MF Global, the company that lost hundred of million of dollars in customers funds, is mulling starting a hedge fund, The New York Times reports, citing “people with knowledge of his plans.

Danske Pension Arm Snaps Up Italian Bonds in Yield Search

Danica, which had investment assets of about $50 billion at the end of June, holds about 7.2 billion kroner ($1.2 billion) in mostly Italian short-term notes and some Spanish debt, according to Peter Lindegaard, the chief investment officer at the pension

British city launches own currency

Hundreds of businesses have joined, from the acclaimed Arnolfini arts centre to the Chandos deli chain, and the launch had to be postponed from May to September 19 because of the level of interest.

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