Managers of Wealth

Kuwaiti investor snaps up two New York hotels

Both properties opened for business in February last year

American Silver Eagle Bullion Sales Surge on Lower Metal Prices

Sales of the American Gold Eagle bullion coins were also stronger, recording their second highest monthly sales total of the year.

Two Centuries of Palladium Observed with New Isle of Man Coin

The Treasury of the Isle of Man Government has issued a new coin which marks the 210th anniversary of the year palladium was named by its discoverer William Hyde Wollaston (1766 – 1828).

Citigroup Private Clients Said to Back Boston Skyscraper

The firm has finished raising money from clients of its private bank to invest in a 60-story tower being built in Boston’s Back Bay neighborhood, according to a person briefed on the matter.

Royal Canadian Mint Celebrates 100 Years of Amateur Hockey

The unveiling took place at the Fairmont Chateau Laurier, Downtown Ottawa which was the venue for the association’s inaugural meeting on the 4th December 1914.

Pershing playing catch-up with competitors as custodian considers offering commission-free ETFs

Platforms, popular with RIAs, post tremendous growth for firms, fund managers

Invesco to take over management of PowerShares DB funds from Deutsche

Invesco PowerShares Capital Management LLC and Deutsche Asset & Wealth Management both leading, global providers of exchange-traded funds announced today that DB Commodity Services LLC, the adviser to the PowerShares DB fund suite, has entered into a

Regulatory approval for Blackstone’s acquisition of Lombard International Assurance

Blackstone is the world’s largest independent alternative asset manager with assets under management of $284 billion as at 30 September 2014.

Dubai plans tallest twin towers in the world

Dubai’s Emaar Properties has unveiled the master plan for its massive Dubai Creek Harbour scheme, and it includes what the company has said will be the world’s tallest twin towers.

Platforms to launch new industry body

It supersedes a body of the same name, of which only Hargreaves Lansdown, Fidelity FundsNetwork, Cofunds, Standard Life and Old Mutual Wealth were members.

CBRE Group Acquires PSM Center Management

Established in 2003, PSM also provides retail leasing and consulting services, including concept advisory and shopping center due diligence.

GIB invests in Royal Brackla whisky distillery sustainability upgrade

The UK Green Investment Bank (GIB) has announced plans to finance a biomass conversion project that will help a historic Scottish whisky distillery to cut its greenhouse gas emissions.

Qatari's look set to get hands on HSBC's headquarters in London's Canary Wharf

They own Harrods, the Shard and part of Barclays, Sainsbury’s and the London Stock Exchange.

Edmond de Rothschild Takes a Fresh View on Chinese Private Equity

The banking arm’s Chinese private equity unit is raising a new euro-denominated second fund to invest in health care, consumer and clean technology companies, LBO Wire reported this morning.

Zuercher Kantonalbank Says in Merger Talk With Swisscanto

A takeover by Zuercher Kantonalbank of the fund manager it already owns a stake in would create a group with 250 billion Swiss francs of client assets.

Argentina Hedge Fund Startup Leverages Rich Client Money

The new regime will bring big political and economic change

French Vineyards Attracting New Blood

France's wine industry is getting an injection of fresh ideas as more people are helped into the industry.

The Securities Commission of The Bahamas signs agreement with French regulator

The Securities Commission of The Bahamas has signed an agreement to allow alternative investment fund managers to market or to perform fund management activities in markets supervised by co-signatory European securities regulators.

2015 Gold and Silver Fractional Maple Leaf Sets Include Multiple Firsts

Each set includes coins struck in 99.99% purity across a range of weights and features innovative firsts for the series.

Malta’s PIF regime proves popular with non-EU managers

They did a great job