Managers of Wealth

Wealth Migrate announces official launch of Shanghai presence

Global real estate and fintech experts gather for crowdfunding milestone in China.

European buyout firm Said to Weigh Sale of U.K. Fashion Brand AllSaints

AllSaints, founded in London in 1994, has more than 130 shops globally and revenue of more than 230 million pounds ($330 million) in the latest financial year, according to Lion Capital’s website.

The Rockefeller Family Fund Thinks Investing in Oil Is a Mistake. Is It Right?

The Rockefeller Family fund recently announced its intention to divest from fossil fuels. Why does the Rockefeller fund want to divest, and is there an investment case for fossil fuel stocks for buy-and-hold investors?

Quilter Cheviot Announces Dubai Office Launch

The Dubai representative office, which will mark its official launch with an event on 25 April, will be overseen by the company’s Head of International, Tim Childe, who is also Head of the Jersey office.

'Old boy network' stops fund managers voting against rivals at AGMs

The research suggested fund managers were unwilling to vote against former employers or potential future employers.

Privé Goes Live with Helvetia Germany

Helvetia, founded in 1858, is a listed Swiss all-lines insurance company with operations throughout Europe.

Hargreaves Lansdown nets 7,000 Legg Mason ISA clients

Any eligible client which has not been transferred to Hargreaves Lansdown by 15 June 2016, or voluntarily redeemed as at 12pm on 30 June 2016, will be included in a bulk transfer to Hargreaves Lansdown.

Credit Suisse Said to Study Novel Bond Sale to Offload Risk

The insurance industry uses so-called cat bonds to limit exposure to disasters such as hurricanes and earthquakes. Investors get above-market yields for taking a chance on their money being wiped out.

Manchester United and Swissquote Extend Global Partnership

The new deal reflects the ongoing success in the development of our global brand

Gam launches next generation of multi asset solutions with target return range

The Target Return team of eight investment managers and risk managers are supported by a further 11 investment professionals from GAM’s specialist Multi Asset Class Solutions team based across London, Zurich and Milan. With USD 11.9 billion assets u

UBS steps out of Calgary

The number of staff left in the office until the decision to close it was not immediately known.

Countries look to draw expatriate cash with 'diaspora bonds'

Egypt has announced debt certificates denominated in dollars and euros to ease hard currency shortages.

Exchange-traded Funds: gaining ground

The Stock Exchange of Mauritius (SEM) allows for the local listing of ETFs.

World’s Largest Asset Manager BlackRock To Restructure

BlackRock Inc said on Thursday it will cut 400 jobs and take a US$76mil restructuring charge after posting a 20% drop in first-quarter profit amid a dramatic reversal in financial markets.

'Let them sell their summer homes': NYC pension dumps hedge funds

The move by the fund, which had $51.2 billion in assets as of Jan. 31, follows a similar actions by the California Public Employees' Retirement System (Calpers), the nation's largest public pension fund, and public pensions in Illinois.

Baha Mar Developer Makes Offer to China Exim Bank to Complete and Open Baha Mar

"There is no other potential owner who unequivocally has these goals for Baha Mar, for the creditor parties, and for Bahamians.

Vistra Group Expands to India

ITCL, registered by the Securities Exchange Board of India as a licenced trustee, has significant market share in the area of Debenture Trusteeship and Alternative Investment Funds.

China Goes Prospecting for World’s Gold Mines

Hunt by Chinese companies for overseas deals could make China an even bigger player in the global gold market

Lombard Odier adds to exposure to emerging markets, European debt

Investors are living in lower growth and lower financial returns environment, fund managers say

BNP Among Banks Facing $172 Million Loss as Oil Tycoon Fails

The episode shows how quickly millions of dollars in bank debt can evaporate when energy prices collapse.