Managers of Wealth Americas

98% of S&P 500 Members Zoom Past Their 50-Day Moving Average

U.S. payrolls unexpectedly rose by 2.5 million in May, compared with forecasts for a sharp decline, and the jobless rate fell to 13.3% from 14.7% in April.

InstarAGF raises $1.2bn for second infrastructure fund

InstarAGF was formed to capture the distinctive value proposition of the middle market, which is where a majority of the infrastructure investment need exists in North America.

Stafford Capital Partners Buys Private Equity Management Business of Robeco

ORIX Corporation Europe N.V., which is a unit of ORIX Corporation, is the owner of Robeco.

Arthur J. Gallagher & Co. Acquires CRES Insurance Services, LLC

The CRES team will continue to operate from their current locations in Las Vegas and San Diego under the direction of Kevin Garvin

BlackRock Latin American Investment Trust could be a strong performer in any recovery from the global pandemic

Their aim has been to make the portfolio more active, with individual stock picks more important to performance.

BlackRock Files to License Active Non-Transparent ETF Structure

JPMorgan Chase & Co.’s asset management arm is among those that have decided to test the actively managed nontransparent model this year. Most recently, Legg Mason kicked off a value-focused product last week.

TD Asset Management launches five new actively managed ETFs

These additions to our ETF line-up inspire greater choice, flexibility, and opportunity in the growing Canadian ETF market.

Athena Systems launches updated product suite including hedge fund OMS/PMS

Athena Spark has been updated to meet the requirements of the following market segments:

Billionaire investor Alan Howard scored a 100% return for his hedge fund this year

Howard's return this year is particularly impressive as about 75% of hedge funds - including those run by Ray Dalio, Adam Levinson, and Michael Hintze - lost money in March.

Coty Announces Strategic Transformation and Definitive Agreement with KKR on Wella

Coty has announced the signing of a definitive agreement with KKR as part of a strategic transformation that will deleverage its balance sheet, streamline its operations and strengthen its leadership team.

Artisan Partners Renames Artisan Thematic Fund, Celebrates Three-Year Anniversary

The new name highlights the team’s dedicated focus on its process.

Why Manulife Stock Is a Compelling Post-Recession Buy

The third grouping encompasses companies that have no durable competitive advantage.

BlackRock lures top asset managers, wealth funds after PNC exit

Existing shareholders Wellington Management, Capital Group Cos. and Fidelity Investments were among those that bought shares

US regulator settles with Ares

Ares Management LLC is a wholly-owned subsidiary of NYSE-listed Ares Management Corporation, which managed US $149 billion in assets under management at March end.

Accredited Investors Can Now Invest In Bitfury’s Bitcoin Mining Farms

The blog says that investment vehicles like this are necessary for building out a robust and mature market structure to give high-net-worth investors a form of exposure to Bitcoin that they are comfortable with.

BIS opens Mexico City dealing room for the Americas

The new facility complements the existing BIS trading rooms in Basel and Hong Kong SAR, allowing the BIS to offer 24-hour services to its central bank customers.

CPPIB annual net assets rise even as virus erodes returns

Net annual return fell to 3.1% from 8.9% in 2019.

Bank of America Corporation (BAC): Hedge Funds Sentiment Near All Time Low

There were 99 hedge funds in our database with BAC holdings at the end of the previous quarter.

New Chubb Whitepaper Explores Surge in Litigation Against Fiduciaries of Employer-Sponsored Retirement Plans

Co-authored by Chubb and Groom Law Group, the paper urges companies to take steps to reduce exposure to heightened claims

Private-Equity Firm Seeks $2 Billion to Buy Stakes in NBA Teams

The NBA selected Dyal in April to form a fund to buy up minority stakes.

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