Managers of Wealth Americas

Arbitrator says Jefferies aided trades that crashed fund

Ruling says investment bank set up side accounts used for illicit bets at Carbon Fund

PNC eyes sale of asset manager to Federated Investors

The firm serves institutional investors, including corporations, public pension funds, multiemployer plans, endowments and foundations, health-care organizations, insurance companies and financial intermediaries, its website states.

Sumitomo Mitsui Trust Bank (Japan) selected Acumen-net to be deployed across 6 Overseas Offices to support their Treasury Operations

SuMiTB was also looking for the solution with a single common database to facilitate its global system management while overcoming the induced challenges of time zones, volume and confidentiality across offices.

Real estate firm names the top cities for risk-seeking investors

Savills predicted that the top four cities would retain their positions over the next decade.

Middle East Interview: Bahrain fintech drive gathers speed

Bahrain wants to be a launchpad into the wider region for financial technology firms looking to scale

Steve Cohen’s Hedge Fund Point72 Seeks Another $1 Billion

A spokeswoman for the firm declined to comment on the latest fund raise.

Hamilton Lane raises $700M for fifth secondary private equity fund

Driven by strong demand for private equity exposure over the past decade, a vast amount of capital has been committed to secondary market funds from investors looking to increase and diversify their private equity exposure.

High Net Worth Insurer Vault Expands Into 3 States in Northeast

Vault was founded in 2017 in Florida by former AIG executives.

Goldman plans Mexico push with stock brokerage launch

Goldman already had a license to carry out fixed-income trades in Mexico, a business it's been operating for the past few years, and plans to expand the platform into equities.

European PMs add 12 funds to Chilean AFP list

In addition, the CCR approved four Invesco ETFs, including the Invesco EQQQ Nasdaq-100 Ucits ETF, and 11 BlackRock iShares vehicles, including the iShares Edge MSCI Europe Momentum Factor Ucits ETF.

How Schwab Came to Tower Over Wall Street

Those firms, as well as other big Wall Street names, are now following Schwab’s lead, by lowering or canceling fees, launching new services and seeking mass-affluent customers.

LourdMurray Receives Strategic Investment from HighTower

The combined advisory group, which will operate under the brand name LourdMurray, oversees approximately $4.8 billion in client assets.

CEO pay mixed in asset-challenged year

The first wave of CEO pay ratio disclosures began last year, drawing scrutiny from Congress as the industry marked a decade since the 2008 financial crisis.

FWM Holdings to acquire Optima Fund Management

The acquisition is subject to customary closing conditions and is expected to close in the third quarter of 2019.

Amazon posts strong quarterly results

Subscription services delivered the largest hike at $4.3bn in net sales, up 40% compared to $3.1bn last year.

Hedge fund have-mores lord it over the rest

The firm's flagship Composite Fund, a multi-strategy vehicle that manages some $14 billion, has delivered annualized returns net of fees of nearly 11 percent since it was launched in 2001.

INTL FCStone Financial launches prime brokerage division

Institutional clients will also benefit from INTL FCStone’s full range of financial services and products within the securities, commodities, derivatives, FX, global payments, and wealth management sectors.

Northridge Capital Acquires Class-AA Office Campus In CityPlace - Houston's Premier Mixed-Use Urban Center

The acquisition is expected to generate an annual net cash yield of 7.50% across the target holding period.

Lipper: the contrarian believes all trends eventually end

After the trend ends there is a shift in direction, often a dramatic one.

Centerbridge Is in Talks to Buy Advisor Group for $2 Billion

Deal could fetch more than $2 billion for Lightyear, PSP

Alternative Investments