Managers of Wealth Americas

Franklin Resources, Inc. Announces First Quarter Results

Adjusted operating income was $549.9 million for the quarter ended December 31, 2020, as compared to $428.9 million for the previous quarter and $405.5 million in the prior year.

NFP Acquires Pension Advisors, Expanding its Retirement Consulting and Wealth Management Capabilities

Acquisition will fuel growth and enhance value for clients in NFP's Central region.

Dynamic Funds launches Dynamic Retirement Income+ Fund

The Fund seeks to provide total returns that have lower correlations to major stock or bond market indices in the form of income

HilltopSecurities Independent Network Changes Name to Momentum Independent Network

The firm serves approximately 200 wealth management professionals in 29 states. Momentum Independent Network’s ownership and leadership remain the same under the new name.

Buffered ETF popularity surges but regulatory hurdle threatens

The products reduce risk, but there are calls to ‘bundle’ them with leveraged and inverse ETPs

Tesla champion Ark Investment outguns Wall Street titans

A series of bets on disruptive tech companies has allowed the New York firm’s inflows to soar

Hedge fund Melvin sustains 53% loss after Reddit onslaught

Firm hit with $4.5bn fall in assets after soured bets against the likes of GameStop

US giant swoops for 25% stake in NW property group

The investment will build on Warrington-based Langtree’s strong growth since its foundation five years ago and provide it with the financial resources to boost its activities.

Jupiter Celebrates a Year of Company Milestones and Anticipates Significant Market Demand

New Industry-Leading Customers and Public Sector Institutions, Enhanced Products and Capabilities Will Fuel Growth in 2021

Hamilton Lane to acquire 361 Capital

Closing is expected to occur later this quarter and is subject to customary closing conditions. 361 Capital is being represented by Piper Sandler & Company in the transaction.

Copley Equity Announces Investment in AeroMed Group

AeroMed, based in Charlotte, NC, will utilize Copley’s investment to assist in the company’s strategy to build a market-leading supply chain solutions provider to the Aerospace and Defense industries.

KKR & Co. Inc. To Announce Fourth Quarter And Full Year 2020 Results

A replay of the live broadcast will be available on KKR’s website beginning approximately one hour after the broadcast.

MassMutual to Acquire Great American Life Insurance Company

Great American Life will continue to be led by its current president, Mark Muething, and its more than 600 employees will remain headquartered in Cincinnati as part of the transaction.

BlackRock still likes risk assets, despite signs of inflation

With inflation gaining moment, yields are likely to stay deeply negative and this was a positive for risk assets.

MAI Capital Management buys HW Financial Advisors of Beachwood

In May, it acquired Grisanti Capital Management of New York City for an undisclosed price.

Foreside Financial Group to acquire Capital Markets Compliance

For Foreside, which is majority-owned by PE firm Lovell Minnick, CMC is its fifth acquisition since 2019.

Top hedge funds earned US$63.5b in 2020, highest in decade: LCH data

That was despite 2020 not being as profitable as the previous year for hedge funds as a whole, which saw earnings fall from US$178 billion in 2019.

Sycamore Partners Announces Plans to Add Fourth Ship to Azamara® Fleet

This news follows an announcement earlier this month that Sycamore Partners has entered into a definitive agreement to acquire Azamara, presently under the portfolio of Royal Caribbean Group.

ElmTree Funds Announces $600 Million Strategic Partnership with Guggenheim Investments

This strategic partnership provides fresh capital to continue investing in mission critical assets that are in high demand across the country, while generating steady, long-term cash flow.

70% of Canadian investors uncertain about what to do with their investments amid the pandemic

The pandemic has caused Canadians to rethink their retirement.

Alternative Investments