Managers of Wealth

Cetera Financial Group adds 1,000 advisers, $19 billion in assets so far in 2019

The broker-dealer network is adding both new and experienced advisers

SS&C GlobeOp Hedge Fund Performance Index at 0.42 per cent in July

The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted, independent monthly window on hedge fund performance.

Hana Financial Teams Up to buy Vienna Hilton for €370M

The acquisition of the 571 room property, which is the largest hotel in Austria and the third-largest Hilton hotel in Europe, comes just one month after a pair of transactions in Europe saw real estate assets valued at more than $1 billion snapped up by K

German fund digs Dublin campus

Point Campus is on the Luas red line and rents start at €230 per week for a 51-week booking, or €240 per week for 40 weeks.

Praemium posts 25% growth in FUA

Driven by platform revenues, which were up by 25 per cent

Labuan and Swiss Re partner on event to drive captives in Asia

Mah said that captives remain a vital business segment in Labuan IBFC

Almost half of large hedge fund managers see AUM decline in 2018 – report

Analysis of the managers' 2017 and 2018 Form ADV submissions to the Securities and Exchange Commission found 74% of equity managers experienced declines in regulatory AUM in 2018

Hedge funds short Jupiter and Schroders amid fund industry woes

Steven Cohen among the short sellers betting against the UK investment industry

Scalable Capital taps backers for £23m funding round

Scalable Capital benefits from millions of pounds of funding that will be used to expand the software engineering team.

Swiss Re subsidiary makes $515 million acquisition

The transaction will mean passing on 200,000 customer policies

Norway wealth fund and AXA sell French office property

The property, which was acquired in 2011, consists of 8,368 square metres of office space.

Zürcher Kantonalbank to acquire precious metals ETF and money market business

GAM’s money market funds domiciled in Luxembourg with assets under management of approximately CHF 0.4 billion will also be acquired.

IQ-EQ completes acquisition

This latest acquisition further strengthens the Group’s service offering in France and complements its existing Paris-based business, Equitis.

UN Principles for Responsible Investing awards KBI Global Investors highest rating

KBI Global Investors boasts a long-standing commitment to Responsible Investing, dating back to the early 1980s

U.S. hedge fund holds talks with Dubai-based Bin Zayed Group over £300m Newcastle FC purchase

Bin Zayed Group is controlled by Sheikh Khaled bin Zayed Al Nahyan

UBS to launch China's first foreign fund of funds

The launch also shows the company's research, execution and distribution capabilities in China, said Raymond Yin, the firm's head of the Asia Pacific and China.

Zurich boutique launches dynamic beta fund

This is a non-traditional way to find soft protection

InsuResilience Investment Fund acquires stake in Royal Exchange General Insurance Company

The InsuResilience Investment Fund and Royal Exchange General Insurance Company have signed an agreement according to which the Fund will acquire a 39.25% equity stake and appoint nominees to the Board of Directors.

Rhinos Come to the Bond Market, and Other Species May Follow

Bond seen as test for creation of conservation debt market

GAM: Update on ARBF Liquidation

GAM’s priority throughout the liquidation process has been to maximise liquidity and value for its clients