Managers of Wealth

Hargreaves adds 80 new funds to its Vantage Service

Hargreaves says its improvements will include lower minimum investment which are designed to “encourage first time investors”.

Deloitte and Savills appointed to sell the iconic Gherkin in the city of London

The Central London commercial property market has benefitted from improving market conditions over the course of the last few years.

GAM reverses 'protracted' six-year wealth decline

Underlying net profit of CHF 93.1 million, basic earnings per share of CHF 0.57

UBS Said to Plan $4.5 Billion Offering of Bonds in U.S.

UBS AG, Switzerland’s largest bank, plans to issue $4.5 billion of bonds in the U.S., according to a person with knowledge of the matter.

Crown Estate and Norges Bank seize Mayfair estate for £381m

The pair said yesterday that they have bought a 64.2 per cent stake in the Pollen Estate from the Church Commissioners for England.

Brevan Howard attempts to halt co-founder fund launch plan

Brevan Howard argued that his attempt to launch a rival fund ‘constitutes a significant and ongoing threat to the legitimate interests of the partnership

Boutique banks take market share from bigger rivals

The growth of US independent advisers such as Moelis, as well as newer UK-based boutique banks such as Ondra, Zaoui & Co and Robey Warshaw, run by star rainmakers, mean that boutiques took 31.4 per cent of all European M&A fees in 2013, up from 18

Lansdowne buys into online luxury retailer

Hedge fund backs next stage of development ahead of possible stock market float.

The “King of American Coins” Sells For $1.88 Million

The ANA World’s Fair of Money, traditionally held in August, is wrapping up this week in Rosemont, Illinois.

US Mint Suspends JFK Gold Coin Sales at All Retail Locations

The United States Mint has made the decision to suspend sales of the 2014 50th Anniversary Kennedy Half Dollar Gold Proof Coins at all four retail locations where the coins had previously been available.

RBC Global Asset Management Inc. announces July sales results for RBC Funds and PH&N Funds

Long-term funds had net sales of $1.1 billion and money market funds had net redemptions of $113 million. Assets under management increased by 0.9 per cent.

Regulation a key driver in Malta fund segment

The fund management and fund services sector in Malta continues to grow at a clip. Statistics published recently show that over the past three years, 80% of foreign direct investment into Malta has been in financial services.

Man Group Announces Closing of Pine Grove Asset Management Acquisition

As a result of the transaction close, Matthew Stadtmauer, formerly President of Pine Grove has become President of FRM.

US hedge fund latest to line up tax inversion move

A US HEDGE FUND has become the latest in a string of companies seeking to acquire a UK rival in order to set up a foreign tax centre.

The Most Tax-Efficient Way to Own Gold

For small investors, gold exchange traded funds (ETFs) have emerged one of the favourite ways for taking exposure to the yellow metal without buying it in physical form like bars and jewellery.

Man Group Assets Under Management Up 7%

Adjusted pretax profit rose 10 percent to $148 million in the first half from a year earlier, the company said.

Edmond de Rothschild launches Euro IG corporates fund

The fund is a new approach developed from combining three existing bond funds into one new vehicle: the EdR Prifund Bond, EdR Prifund Euro Corporates Bond and the EdR Prifund Bond Eurofunds.

Pictet unveils European long/short fund

The fund managers aim to identify catalysts, including corporate restructurings and M&A activity

Sotheby's International Realty Brand Enters India

Amit Goyal is co-owner and chief executive officer of the firm, which will serve the luxury residential real estate market throughout Northern India.

Bedell Trust is authorised to provide depositary services from London and Jersey

Furthermore, Bedell has received regulatory approval from the Jersey Financial Services Commission to provde depositary services from its Jersey office to all JFSC regulatory categories of investment funds.