Managers of Wealth Americas

Here is why hedge funds bet against confirmed M-A deals.

Although it has declined since the peak of the pandemic, at 20% it is still significantly higher than at the beginning of 2020.

Canadian Investment Firm Nabs $2.7B RIA

New York-based Roosevelt Investment Group is CI Financial’s 12th RIA transaction this year and the third in two weeks.

R.J. O'Brien Selects Broadridge to Transform its Exchange-Traded Derivatives Operations Globally

The new platform will reduce the complexity and cost of running two separate back-office systems, without the need to maintain the technology and hardware.

Manulife beats estimates on Asia, asset management earnings growth

Net income attributed to shareholders rose to C$2.1 billion from C$723 million a year earlier as the company posted gains from investment-related experience versus losses in the prior period.

Hedge Fund Managers Face ‘Survival of the Fittest’ Test in 2020

Hedge Fund Research Inc.’s index looks worse, showing a drop of more than 4%.

NAV Fund Administration Group Earns Two Industry Awards

NAV was named Best Administrator by a judging panel of leading executives of CTA managed futures and quant hedge funds

Latin America’s banking system weathering coronavirus storm

The regional system’s loan book, meanwhile, despite the downturn, has grown 4% in real terms, supported by government-guaranteed working capital loan products.

Arthur J. Gallagher & Co. Acquires AWIS Group

The company has operations in 49 countries and offers client-service capabilities in more than 150 countries around the world through a network of correspondent brokers and consultants.

COVID-19’s Impact on the Advisor-Client Relationship

The coronavirus has boosted shifts in how investors find financial advisors and how they prefer to receive financial advice.

Great Canadian Gaming Corporation Enters Definitive Agreement to Be Acquired by Funds Managed by Affiliates of Apollo Global Management For C$39.00 Per Share

Apollo Expresses Support for Safe Reopening and Welcoming Back Team Members in Adherence with All Applicable Health and Safety Restrictions

AXA XL partners with Xtract to digitise US auto claims

AXA XL’s insurance business has entered into a multiyear partnership and licensing agreement with Xtract to digitise the commercial auto claims management process in the US.

Citadel and Citadel Securities Expand Global Footprint with Paris Office

Both Citadel and Citadel Securities have long histories of operating in Europe.

Digital strategies a must for asset managers wooing advisors

Survey from J.D. Power shows successful relationships depend on effective digital engagement

Biden win with split Congress is “best outcome” for riskier assets, says Pictet chief strategist

Luca Paolini, chief strategist at Pictet Asset Management, says the US political gridlock of recent days following the closely-run presidential race – and the likely divided legislature resulting from the election – “is not as bad for fi

JPMorgan’s Erdoes lauds ‘more thinking time’ for at-home staff

JPMorgan told thousands of office workers across its consumer unit at the end of September that they can keep working remotely until next year, breaking with the firm’s Wall Street operations, which told senior traders to return to the office.

John Turley-Ewart: Can a banker make a difference?

Former BMO CEO Tony Comper understands the hard work that is good management, its fundamental tenets, and how one can most enjoy a life’s work

RSA poised to accept £7.2bn takeover offer

The company has indicated it would likely recommend the offer.

RBC Global Asset Management Inc. announces October sales results for RBC Funds, PH&N Funds and BlueBay Funds

Mutual fund sales results information is based on preliminary data from the Investment Funds Institute of Canada

Lincoln Financial Group Reports Third Quarter 2020 Results and Announces Increase to Dividend

Net income EPS of $2.01 and adjusted operating EPS of $(0.72)

BlackRock looks for new profit rockets as rivals play defence

World’s largest asset manager has once again outperformed a rocky stock market in 2020

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