07/15/2014
With $11.4 billion under management (as of May 31, 2014), JPMAAM's Hedge Fund Solutions platform is comprised of commingled funds of funds as well as a substantial number of customized and advisory accounts.
07/15/2014
High Net-Worth individuals, be they corporate executives, entrepreneurs, physicians, athletes or celebrities, all have one thing in common -- they have no time!
07/14/2014
Schwarzman, whose net worth exceeds $10 billion, regularly bemoans that individual investors don’t allocate more money
07/13/2014
Wells Fargo’s Wealth, Brokerage and Retirement division reported a $544 million profit in the second quarter, up 25 percent from the $434 million reported in June 2013, and up 15 percent sequentially.
07/13/2014
Sources say London Stock Exchange will keep indexing unit, could get $700 million to $1 billion for money management, consulting businesses
07/10/2014
UBS has bolstered its team of bankers that advise private-equity firms, snapping up J.P. Morgan Chase JPM & Co.’s John Souza, according to an internal memo seen by The Wall Street Journal.
07/07/2014
When Robert McCann took over the wealth management business at UBS Group Americas in 2009, brokers and advisers were fleeing the Swiss bank, which was recovering from trading and tax-evasion scandals.