Managers of Wealth

Wine investment and India

Wine, as an investment asset class, is just beginning to happen in India.

Pictet opens Agora fund to external investors

Working with Ijaouane are Elif Aktug, the fund lead manager, and Benoît Capiod, senior investment manager.

Deutsche Bank Receives 45 "Best in Class" Awards in Global Custodian's 2012 Securities Lending Survey

The Global Custodian Securities Lending Survey is one of the largest market surveys and aims to measure the services provided by agent lenders.

SIG launches new ‘DFM style’ Spectrum Select client reports

Previously only available to financial advisers who had £1 million invested in Skandia’s Spectrum range of risk targeted funds, Spectrum Select is a unique service which enables financial advisers to provide their clients with a highly persona

American Eagle Silver, Gold Bullion Coin Sales Slide in April

Demand tumbled last month for American Eagle silver and gold bullion coins, according to April sales figures reported by the United States Mint.

HSBC Lowers 2012 Gold Forecast 5% To $1,760/oz

HSBC has lowered its gold price forecasts for 2012 and 2013 amid weak demand from the Indian jewelry sector and lower expectations for further economic stimulus measures in the U.S.

Credit Suisse’s Asset Management Division Releases the Q2 2012 Edition of the Alternatives Quarterly

Mr. Keitel views the recent correction in risky assets not as a reversal of fortune for the markets, but rather as a renewed buying opportunity in the coming weeks for investors, especially in light of what he believes are attractive valuations.

Man Group Has $1 Billion Outflows; Shares Slide on Cash Concern

The shares slid as much as 8 percent. Clients redeemed $4.1 billion from Man’s investment funds, which was partly offset by $3.1 billion of sales, the London-based company said today.

HSBC Lowers 2012 Gold Forecast 5% To $1,760/oz

At 1346 GMT, spot gold traded at $1,655.79/oz, down 0.4% on the day.

Financial services firms extend regional alliance

ASIA will be a wholly owned subsidiary of Standard Chartered Bank that will be managed separately from the bank’s operations.

Swiss Wealth Launches UCITS IV Fund Of Funds

The fund will have between 25 and 35 underlying funds, run by managers including Amundi Alternative Investments and Dalton Strategic Partnership, and featuring a diversified group of strategies.

Gold Bullion Added by Mexico, Russia, Turkey Central Banks

Russia added 16.55 tonnes, taking its total holdings to 895.75 tonnes, while Kazakhstan added 4.3 tonnes and Ukraine added 1.2 tonnes.

New Range of Silver Bullion Bars and Coins from the Gold Bullion Company

As demand for silver bullion grows among private investors, The Gold Bullion Company have engaged the Arizona based Scottsdale Silver Company to add to their ever expanding product range.

UBS Canada unit reports 'inadvertent' trading

The shares were bought as part of regular activity to facilitate client trading, UBS Securities Canada said in a statement adding that it did not seek to control or influence Air Canada at any point.

The Dow Jones Credit Suisse Hedge Fund Index Finished Up 0.05% in March

There have not been any funds added to the Dow Jones Credit Suisse Hedge Fund Index in March

Qatar sovereign fund to buy hotels in Sardinia

Gulf-government backed funds have been on a buying spree in Europe and are eyeing investments in real estate, infrastructure and other sectors.

Gold: bank trims exposure to the precious metal amid fears of profit-taking

There has been one clear winner from the financial crisis – gold. Investors savvy enough to invest in the precious metal four years ago will be sitting pretty, but some experts believe that the commodity has had its day.

Could diamonds be the new gold?

Trading in diamonds is limited in the United States to the retail market for engagement rings and other jewellery and the back-room bargaining among merchants in places like Manhattan’s diamond district on West 47th Street.

Exclusive: Hedge fund Tyrus moves to Monaco: source

The firm, which runs approximately $2.7 billion and which was founded by Tony Chedraoui in 2009, shifted most of its staff around the start of April, a source familiar with the matter told Reuters.

Singapore's SMX to launch new gold, silver futures

SMX, owned by India's Financial Technologies, is hoping to capitalise on the brisk trading interest in gold and silver futures contracts traded in India, the world's biggest gold consumer, and give potential players the opportunity to hedge via