Managers of Wealth Americas

BlackRock Makes Alternative Investment Push With YieldStreet Partnership

The fund is expected to liquidate after about four years and aims to have a 7% distribution rate on an annual basis. The fund charges about 1.5% in fees.

AB girds for $14 billion AXA fixed-income termination

The fees AB earns from managing the soon-to-be terminated fixed-income assets “are low” and “the revenue impact is not significant,” Mr. Bernstein said on the call.

AIG Reports Fourth Quarter and Full Year 2019 Results

Adjusted after-tax income attributable to AIG common shareholders* was $919 million

Hedge Funds to Lose $20 Billion From Investors This Year

Investors expect to pull $20 billion from hedge fund managers this year, a sign there’s no turnaround in sight for the industry. Endowments, foundations, pension and sovereign wealth funds are likely to make the most withdrawals, according to a rec

KKR Closes $1.3 Billion Global Impact Fund

KKR Global Impact is focused on identifying and investing behind opportunities across the Americas, Europe and Asia where financial performance and societal impact are intrinsically aligned.

KKR Names Eco-Innovation Award Winners

Firm Recognizes Portfolio Companies Apple Leisure Group, Ramky Enviro Engineers Limited, and Renaissance Parc for Innovative and Environmentally Beneficial Projects

These are the 5 hedge fund managers who took home more than $1 billion last year

Not all of the top 15 managers' top funds eked out positive returns over the past year.

Global pension assets on the up

The research also shows the shift to alternative assets continues apace and marks two decades of considerable change in pension fund asset allocation globally.

Why BlackRock favours global equities but not the Eurozone

The trio said that: ‘We remain modestly overweight on global equities.

French boutique LFDE seeks to crack Latin America

Unicorn's distribution efforts will be focused on the aforementioned equity funds, with Eduardo Ruiz Moreno leading its Chile-based team.

Apollo to buy Covis Pharma from Cerberus

Transaction to Further Accelerate the Company’s Growth and Expand Distribution Footprint

Taking Advantage of Governmental Retirement Plan Contribution Limits

The 457(b) plan is subject to a separate “deferral” limit, which is determined for each calendar year.

EP Wealth Advisors Acquires International Research & Asset Management, Inc.

Dallas-based International Research & Asset Management adds investment management, financial planning expertise with the deal

Canadian Plan Sponsors Post Positive Median Returns Amid Easing Economic Uncertainty

Equity markets rebounded in the fourth quarter.

Chubb Surpasses Q4 Earnings and Revenue Estimates

Annualized core operating return on tangible equity was 12.8%.

Waddell & Reed to Ramp Up Advisor Recruiting

Waddell’s asset management business ended the year with $70 billion in assets under management, up just 6% despite double-digit growth in equity markets.

Touchstone and Microgen complete merger

Microgen and Touchstone will have a workforce of over 150 people.

OneDigital Acquires Resources Investment Advisors

Acquisition Is Company’s First Expansion into Retirement and Wealth Management Vertical, Providing Holistic Benefits Support

Federated and Hermes reveal new name: Federated Hermes

The company offers regional and global equities, fixed income, liquidity, real estate, infrastructure, private equity and private debt.

Vestar Capital Partners Closes Fund VII with $1.1 Billion in Capital Commitments

Vestar VII has already completed two platform investments to date

Alternative Investments