Managers of Wealth Americas

JPMorgan Converts Enhanced Equity Fund Into ETF

The fund’s managers may modestly overweight equity securities that they consider undervalued while modestly underweighting or not holding equity securities that appear overvalued.

BlackRock investors take voting power amid scrutiny of asset managers

US Senate hearing this week will focus on outsized voting power of index tracking funds

Serial investor Kudu takes stake in $5.4bn EM boutique

Gramercy Funds Management, which is based in Greenwich, Connecticut, has about $5.4bn in assets under management.

Itaú sells stake in XP for $154m

Itaú still owns a 9.96% stake in XP, filings show.

Seven Leading Cincinnati Wealth Executives Create DayMark Wealth Partners

DayMark Wealth Partners Taps Dynasty Financial Partners, the Technology-Enabled Wealth Management Platform for RIAs

CIBC Asset Management Inc. announces two new fixed income solutions

These solutions aim to deliver client outcomes ranging from income generation to modest long-term capital appreciation over time.

Alera Group Wealth Services Acquires Wharton Business Group

Acquisition adds $3.5 billion in assets; Pennsylvania office

Canada fund CDPQ to invest $5bn in DP World’s Dubai assets

The Montreal-based pension manager will take a 22 per cent stake in DP World’s Jebel Ali Port, Jebel Ali Free Zone and the National Industries Park

CME Group Chairman and Chief Executive Officer Terry Duffy to Present at Piper Sandler Global Exchange and FinTech Conference

An audio webcast will be available for replay at the same address approximately 24 hours following the conclusion of the conference.

Does Institutional Ownership of SFRs Help or Hurt the Housing Sector?

The SFR boom has gotten some critical coverage, mostly around the impact of the growth of institutional ownership and on home pricing.

Exploring Big Banking Options

Banking, in itself, has many mysteries to unravel.

BlackRock debuts ad campaign to burnish image amid ESG scrutiny

“This initiative will be a sustained effort over the coming weeks and months aimed at telling our story to a broader audience to help them understand what BlackRock does,”

Everything Is Getting More Expensive, Except for Starting a Hedge Fund

Since 2017, the breakeven cost of running a fund has declined by 25 percent.

For Many Allocators, Breaking Up With Managers Is Hard to Do

Asset owners are holding on to managers for longer than expected — even when they underperform.

Franklin Templeton buys BNY Mellon subsidiary Alcentra

Set to complete by Q1 2023

Lumo intraday momentum strategy joins Falcon Investment Management multi-manager hedge fund platform

Providing access to full compliance and risk monitoring services, the platform provides a full turnkey solution to investors and investment managers alike.

Pimco fund added to Russia credit default swap exposure ahead of Ukraine war

The exposure leaves Pimco as one of the biggest players in this week’s drama over whether Russia’s credit default swaps will pay out — a question that has been top of mind for many debt investors since the invasion of Ukraine in February

Franklin Templeton to Acquire Alcentra from BNY Mellon

The transaction is expected to be completed early in the first calendar quarter of 2023

Blackstone Targets Jump in Asia Private Credit Assets

Eapen wants Blackstone’s Asia-Pacific credit business to be of a similar scale to its operation in Europe.

Everest Re’s insurance unit launches in Latin America

“Building on the success of our world-class specialty insurance operations"

Alternative Investments