Managers of Wealth

Talks collapse to merge US and UK hedge fund lobby groups

Combined Aima and MFA would have been a powerful voice for hedge funds on the global stage

UK-based Chelverton launches new European fund

“The attraction of working with experienced, successful investors was significant”, says Robertson.

Standard Life Aberdeen to set up EU business hub in Dublin

The move comes as asset managers in the UK beef up their operations on the continent over concerns the industry risks being cut off from European investors in little more than a year.

Deutsche Bank targets €2bn in Frankfurt fund unit float

Deutsche said it would target fund growth of between 3-5% and a fee margin of 30 basis points.

GAM: Setback for CEO Alex Friedman

GAM built its systemic unit around the 56 employees it acquired through Cantab, which was founded ten years ago by a former Goldman Sachs quantitative specialist.

Ex-Barclays banker sets up alternatives platform

The company was launched by CEO Hemal Mehta, formerly an M&A investment banker at Barclays Capital, and COO Mark Evans.

Zug boutique quits London and reinforces German office

This will see the Stuttgart operation rebranded as Tiberius Asset Management.

AXA selling its Azerbaijan operations seven years after acquiring them

AXA said the completion of the transaction would be subject to customary closing conditions including regulatory approvals.

A hedge fund that focuses solely on marijuana is crushing it

The fund's gamble is paying off — it ended 2017 up 127% and outperformed major benchmarks.

Guernsey launches investment fund

The aim is to deliver long-term capital growth to its shareholders, including the States of Guernsey, which has committed to investing up to £25 million.

Pimco Profit Rises to the Highest Since Bill Gross Quit Firm

The money-management firm’s profit was driven by strong net inflows to its U.S. Income Fund as well as strategies including long duration and income.

First regulated rare whisky fund launches

The world’s first regulated whisky fund is making it easier for whisky lovers to invest in whisky.

The rise of global mobility

For many, obtaining a European passport represents the ultimate in flexibility – particularly in places like Malta and Cyprus that offer direct to citizenship-by-investment programs.

BlackRock to launch Warren Buffett-style fund

The global head of active equities at the firm Mark Wiseman, who is also chairman of BlackRock Alternative Investors, is set to take charge of the new strategy.

Life on Mars? UAE to fund space habitation ideas

It will support projects in three key areas: space settlement, terraforming and space ecology and economics, business models and governance.

Schroders signs up to new fund transaction cost service

In 2016 the Financial Conduct Authority told fund managers they had a duty to inform workplace pension schemes of their transaction costs.

Lugano group acquires alternative AM firm

The closing of the deal is subject to the approval of the Swiss financial regulator, Finma.

LetsVenture Launches “LV Titans” to Activate Family Offices into Startup & VC Investments

Through LV Titans, the company aims to source exclusive investment opportunities in growth stage startups for this emerging class of high profile investors.

Drought Dulls Thirst for Some of Africa's Most Expensive Homes

Cape Town taps may be turned off in April because of drought

Marijuana-Related Real Estate Might Pay Off for HNW Investors. But at What Risk?

HNW investors and family offices eager to capitalize on 21st century interest in properties serving the industry for legalized marijuana might want to “Go east.”