Managers of Wealth

MidEast investors 'close to exit' on Leeds deal

The paper quoted a source at Leeds United as saying the offer from the Middle East was “still there”, but that the prospective new owners were losing patience.

SunGard identifies ten asset management trends affecting the fund management industry

Doug Morgan, president of SunGard’s institutional asset management business discuss the top trends affecting the fund management industry in 2012

The Dow Jones Credit Suisse Core Hedge Fund Index Closed Up 0.56% in August

The Dow Jones Credit Suisse Core Hedge Fund Index closed up 0.56% in August as five of the seven index component strategies reported positive results for August.

Swiss alternative investment manager reports half year results

Active asset allocation and strong manager selection were key to protecting capital over the period under review and also to generate strong risk-adjusted returns.

Swiss investment bank acquires interest in Miami-based real estate broker

Financial terms of the deal, which the firm said would help it access investment opportunities for Latin American clients, were not disclosed.

S&P Capital IQ announces UK fund management awards

Excellence will be identified at the fund manager, team and house level, drawing upon the qualitative insights and assessments from a team of fund analysts who review and consider the gradings of over 1,200 funds a year.

Baring Europe Select Trust reports strong performance

Barings is celebrating another successful year for the Baring Europe Select Trust as the fund marks its twenty-eighth anniversary.

Green bank ready to commit £3bn to environmental firms

The bank will be run from bases in London and Scotland.

Man launches bond hedge fund with Nomura

“In an environment where market participant risk-taking in interest rates has been considerably reduced since 2008, this creates attractive alpha opportunities."

Cofunds launches unbundled pricing across 85 fund groups

The RDR-ready Z share class, launched in October, will be available via platforms operating a clean share class model.

2013 Australian Kangaroo Gold Bullion Coins and Mintages

Offered in varying mintages and ranging in five sizes from the smallest 1/4 ounce to the largest 1 kilo, the 99.99% pure gold bullion coins will make their official entrance via Perth Mint distribution channels on October 1, 2012.

Quantum Global Real Estate and LaSalle buy trophy office building in Mayfair

This is the first acquisition Plaza has made since inception earlier in the year, investing in large real estate assets around the globe. With leverage, Plaza has USD 1 billion gross of initial buying power.

The death of Barclays’s retail initiative

Five years after an aggressive entry into the Indian market, the business is being wound up. What went wrong?

Peakside buys AIB's Polish fund management arm

Peakside's first direct investment into Poland

Changes at the top for Tesco Bank

“We have taken the opportunity to review our current structure”

Kassam Buys Ex-Lehman Property for $39.5 Million

Head of the Firoka Group of companies paid 25 million pounds ($39.5 million) in cash for a London property that was once owned by Lehman Brothers Holdings Inc.

50% of FII inflows remain unexplained: BNP

The timing is significant when conspiracy theory over the source of FII investments in the country are flying thick and thin.

DEXIA : says likely to pump money into Luxembourg arm

Franco-Belgian bank Dexia SA said it believes it will need to recapitalise its Luxembourg arm before the latter's imminent sale, which could see it demanding further money from the Belgian and French governments.

Citigroup Private Bank Said to Redeem From Paulson Fund

The private bank is redeeming from Paulson’s Advantage Fund and Advantage Plus Fund, said the people, who asked not to be identified because the information is private.

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.