Managers of Wealth Americas

Blackstone Reports Third Quarter 2020 Results

We are also seeing positive forward momentum in both realizations and deployment.

AIG to Pursue Separation of Life & Retirement Business

As an independent company, the Life & Retirement business will be well positioned to build value for shareholders by leveraging a broad product portfolio

Franklin Resources, Inc. Announces Preliminary Fourth Quarter and Fiscal Year Results

Fourth quarter and annual results for the fiscal year ended September 30, 2020 include two months of Legg Mason.

60% of Retirement Savers Who Made This Financial Decision Regret It

That loan amount is possible, but only in 2020 -- coronavirus relief efforts temporarily raised the maximum 401(k) loan amount from 50% of your balance to 100%.

Gallagher Releases Fall 2020 Market Conditions Report

Gallagher's Proprietary Data Analysis Indicates Compounding Factors Are Driving a Hard Market, Accelerated by COVID-19

Blackstone Announces $8 Billion Final Close of Second Core Private Equity Fund

Initial discussions with investors for establishing Blackstone’s core private equity business began in 2014, which led to the first close of the first vintage of this strategy in 2016.

TFSA Investors: Become a Millennial Millionaire With This 1 Trick

Rather than letting your cash sit in a savings account, put it to work!

Aadil Zaman Named to 2020 Financial Times 401 Top Retirement Advisers

The FT 401 is one in a series of rankings of top advisers developed by the FT in partnership with Ignites Research, including the FT 300 (independent RIA firms) and the FT 400 (broker-dealer advisers).

LPL Financial Welcomes Eight Advisors after CenterState Bank, South State Bank Merger

Eight CenterState advisors and five client services team members join more than 40 members at South State Investment Service to provide client-focused, locally-based financial advice and guidance throughout the Southeast.

Private credit investors want end to gender gap

Women now hold about a fifth of the industry's jobs and just 10% of the senior positions as of last year, according to London-based research firm Preqin.

Vanguard active fund closure highlights challenge in Europe

Low-cost provider’s passive fund growth is vastly outpacing its actively managed business

‘Set and forget’ investors stick with target-date funds

Covid-19 turbulence buoys loyalty to simpler defined contribution plans

Hopes of greater diversity as DoL allows private equity in 401(k) plans

Pension advisers will have a vital role in explaining the potential risks of such investments

PineBridge Launches USD High Yield Bond Fund in Europe

The Fund’s investment objective seeks to maximize total return consisting of current income and capital appreciation

Ontario Teachers teams with private equity to acquire wealth manager

The transaction, which is subject to customary closing approvals, is expected to close before the end of the year.

Despite lower interest revenue, Pershing adds $12B in net new assets

The bank doesn’t break out the specific number of RIAs joining each quarter.

Santander México touts progress on Tesla green financing program

By the second quarter of 2020, Santander México placed more than 900mn pesos in the retail automotive credit segment, double the amount of the same period in 2019.

BGL Announces the Acquisition of a Multifamily Real Estate Portfolio in Washington, D.C.

Financing for the acquisition and renovation of the properties was provided by MainStreet Bank.

Manulife Investment Management named to PRI Leaders' Group 2020 in recognition of 'Cutting Edge' Responsible Investment Practices

Releases annual Sustainable and Responsible Investing Report outlining ESG initiatives across investment teams

Invesco Canada makes changes to mutual funds and ETFs

Firm announces updated fees and objectives to fixed-income and equity strategies

Alternative Investments