Managers of Wealth

Swiss insurer Helvetia to buy peer Nationale Suisse

The offer is made up of a cash component of 52 Swiss francs and an equity component of 0.0680 newly issued Helvetia shares, Helvetia said.

Where does the next generation of fund managers come from?

The winner doesn’t just get the glory of beating their fellow students, but the honour of having real money allocated from the Student Investment Fund

Deutsche Asset & Wealth Management to rebrand international funds

The DWS Invest and DWS Invest II mutual funds, which are distributed internationally, will be renamed Deutsche Invest I and Deutsche Invest II by the end of August 2014, subject to regulatory approval.

Credit Suisse Liquid Alternative Beta Index Up 0.62% in June

The Long/Short Equity strategy was the strongest performer for the month and year-to-date, finishing up 0.91% in June and 3.75% year-to-date through June.

Bitcoin Draws Attention of Institutional Bidders And MasterCard

The United States Marshals auction of 30,000 Bitcoins seized from defunct online marketplace Silk Road has ended. Details on winning and losing bids are, as of this writing, impossible to come by.

Changing structure of fund industry entices new entrants

Some parts of the broader financial services industry have already seen new entrants emerge, such as around online trading portals

Successful First Chinese – Swiss Financial Round Table

The participants discussed possibilities for future collaboration and for a Swiss Renminbi hub.

Israeli Hedge Fund IT Co Financial Algorithms Reportedly Target of $4 Billion Takeover Bid

Financial Algorithms, an Israeli information technology company that creates trading algorithms for hedge funds, is the target of a $4 billion takeover bid from an unidentified foreign buyer,

Strong uptake in Jersey private placement regime in run up to end of AIFMD transition

With less than one month to go until the transitional phase of the EU Alternative Investment Fund Managers Directive (AIFMD) comes to an end, Jersey is seeing a strong take-up in its private placement route into Europe.

London Stock Exchange to buy Russell in £1.6bn deal

Northwestern Mutual today announced an agreement to sell the company's subsidiary company, Russell Investments, to the London Stock Exchange Group plc (LSEG) for $2.7 billion. The sale will be finalized later this year, pending regulatory and LSEG s

London Stock Exchange to Buy U.S. Asset Manager Frank Russell for $2.7 Billion

Russell's Investment Business Has Some $256 Billion Under Management

Woodford Investment Management attracts record inflows for new fund

Since trading began at noon on 19 June 2014, about 95% of the portfolio has been invested in the market.

Common touch replaces the smell of money

Pre-crisis, financial brands associated themselves with the very “smell of money”

Citco opens office in Guernsey

One of the world's leading fund administrators has established a new office in Guernsey

SS&C GlobeOp’s Megaw discusses FATCA developments

The cut-off date for hedge fund managers to get on this list was 5 May 2014.

Million-pound home loan service launched by Mayfair-based lender

Alternative lender HNW Lending has launched a service to help advisers with wealthy clients get loans on their homes worth £1m or more

SS&C GlobeOp Forward Redemption Indicator

SS&C GlobeOp Forward Redemption Indicator: June Notifications 4.80%

China Buys Canary Wharf Group's Skyscraper for £795m

China has snapped up one of London's most iconic skyscrapers for £795m from the Canary Wharf Group.

Swiss-based hedge fund group plans Chinese and U.S. buying spree

The merger with EIM, which is still pending regulatory approval, brings total assets to around $8.5 billion which Gottex hopes to grow to $15 billion within five year.

Man Group acquires Numeric

Man’s chief executive has been cutting costs and launching new products to compensate for the loss of revenues from AHL’s flagship fund.