Managers of Wealth

Man Group on acquisition hunt

Man Group is looking to further reduce its dependence on its $12.5 billion flagship strategy AHL with another acquisition.

Diamonds are Anglo American's best friend as prices jump

Valentine's smoothies: buy your diamond rings for next year now because prices are on the up.

Hong Kong gold exchange eyes 1,500-tonne warehouse in mainland China

The Chinese Gold & Silver Exchange Society, based in Hong Kong, aims to launch a physical bullion trading exchange and a 1,500-tonne depository in mainland China within the next year,

Limmat Capital to become investment manager of large balanced fund mandate

Opalesque Industry Update - With a focus on producing stable long-term returns by investing in bonds, equities, precious metals and alternative investments,LIMMAT CAPITAL Alternative Investments AG has been appointed to manage a large balanced fund mandat

Jersey’s growing appeal for mining executives highlighted at major South Africa conference

Jersey’s growing reputation as a centre for the operations of international mining companies was showcased to an audience of thousands at one of the world’s largest mining industry events last week.

BNY Mellon's Newton launches new UK charity fund

The Fund underscores Newton’s commitment to the UK charities sector, in which it has managed client assets for over 25 years and is one of the largest charity investment managers, as judged by Charity Finance**.

SS&C GlobeOp Hedge Fund Performance Index and Capital Movement Index

The gross return of the SS&C GlobeOp Hedge Fund Performance Index for January 2014 measured 1.39%.

Manulife Financial Corp profit surges 20% on focus on wealth management pays off

Net income climbed to $1.3 billion, or 68 cents a share, from $1.08 billion, or 57 cents, a year earlier

Rothschild hired for TSB flotation

TSB, the UK retail bank preparing for a spin-out from Lloyds Banking Group, has hired Rothschild as an independent adviser ahead of a spring IPO.

iShares lists International ETF on Euronext Amsterdam

First ETF with an international security settlement structure in continental Europe

Lux group converts FoF strategy into Asian equity fund

Banque de Luxembourg has converted its Asia-focused fund of funds strategy into a direct investment Asia equities fund

Thes Big hedge Funds got Crushed In January

Most hedge funds that bet on broad macroeconomic trends lost money in January, hurt by reversing equity markets and wrong-way currency bets.

Barclays shutters Swiss debt operations

Barclays has closed its Zurich debt origination and trading operation less than four years after opening it, as the bank seeks to exit unprofitable businesses.

Royal Canadian Mint Launches New Silver "Birds of Prey" and 99999 Pure Gold "Call of the Wild" Bullion Coin Series

Building of the success of its limited-edition Canadian Wildlife silver bullion coin series and continuing demand for the world's only 99.999% pure gold bullion, the Royal Canadian Mint today announced two new wildlife-themed series for both product

New Global Fund Administration Firm Formed

Larger global footprint with offices in San Francisco, New York, the British Virgin Islands, Singapore, and Toronto.

Global ETF AUM to surpass hedge fund industry in 18 months

While growth rates will be highest in Asia and lowest in the more mature US market, the growth drivers will be the same across all markets

Net retail fund sales exceed £20 billion in 2013

The Investment Management Association (IMA) today publishes its monthly authorised investment fund statistics for 2013:

Charitable Contributions of Wealthy Investors

More than 90 percent of the wealthiest investors make charitable contributions.

SS&C GlobeOp Forward Redemption Indicator

The SS&C GlobeOp Forward Redemption Indicator for January 2014 measured 2.67%, down from 5.90% in December

Societe Generale Securities Services Mandated by Ocean Dial Asset Management

Ocean Dial Asset Management Limited was established in London in 2005 and is regulated by the Financial Conduct Authority. The firm specialises in investing in India.