Managers of Wealth Americas

AIG Reports First Quarter 2020 Results

In the first quarter of 2020, our core businesses delivered strong results building on the momentum we had coming into the year.

Buffett’s Berkshire posts nearly $50b loss

Berkshire’s first-quarter net loss totaled $49.75 billion, or $30,653 per Class A share

Janus Henderson Group Reports First Quarter 2020 results

Solid long-term investment performance, with 65% and 66% of assets under management (‘AUM’) outperforming relevant benchmarks on a 3 and 5 year basis, respectively, as at 31 March 2020 First quarter 2020 operating income of US$(332.4) million

Fiduciary Trust International Completes Acquisition of Pennsylvania Trust

The firm offers a robust suite of personalized investment management, trust, estate, financial and tax planning, and tax preparation services.

Wall Street Still Hungry for China’s Choicest Office Addresses

A commitment to stay the course is offering much-needed respite for commercial property developers in financial capital Shanghai as the coronavirus threatens a sector that was already oversupplied.

BNY Mellon Investment Management launches ETF range

For BNY Mellon, the initial three core building block ETFs offer another access point for the capabilities in fund administration, custody and broking in the ETF industry that they are best known for.

Lazard Ltd Reports First-Quarter 2020 Results

With Lazard’s solid financial footing, our deep relationships with clients, and unrivaled expertise in strategic advisory, restructuring and asset management solutions, we fully expect to emerge from this period in a position of strength.

Markel Reports First Quarter 2020 Results

The Company also announced today it has filed its Form 10-Q for the quarter ended March 31, 2020

LPL Financial Agrees to Buy Broker-Dealer

Lucia Securities is a broker-dealer that serves approximately 20 advisors and $1.5 billion of client assets Estimated transaction multiple of approximately 6x post-synergy EBITDA

White Oaks Wealth on Top 12 Best Wealth Managers and Financial Advisors List

This award is a testament to our wonderful team.

Milliman analysis: Corporate pension funding ratio at 87.5% at 2019 year-end despite best asset performance in 16+ years

The 94 basis-point drop in discount rates in 2019 countered stellar investment returns of 17.3% for Milliman 100 pensions

Tufts Endowment Chief Investment Officer Sally Dungan Dies

Dungan held a M.A. in Intercultural Communication from Monterey Institute of International Studies.

Can palladium see temporary surplus this year? Norilsk Nickel makes its projection

Supply concerns have been one of the main drivers behind palladium's stellar performance this past year.

Zurich unveils Covid-19 reimbursement product for employers

The employer is the policyholder in this case and has to submit its reimbursement claims to Zurich.

Blackstone Reports First Quarter 2020 Resul

Our experience has shown that although asset values may be temporarily marked down, strong assets ultimately recover.

Chubb: revenue, profit beat forecasts in Q1

The quarter was marked by financial market volatility in the credit, equity and foreign exchange markets

Truist Reports First Quarter 2020 Results

Results for the first quarter produced an annualized return on average assets (ROA) of 0.90 percent

Citizens Financial Group, Inc. Reports First Quarter Net Income

Record noninterest income up 16% year over year

Hedge Fund Hotshots Suffer Humbling Losses in Coronavirus Chaos

Three out of four funds lost money last month amid turmoil

BNY Mellon Launches Comprehensive Technology Solution for ActiveShares ETFs

The platform includes security restriction and approval processing features within the order ticket, eliminating the need for off-line phone and email communications.

Alternative Investments