Managers of Wealth Americas

Elliott Advisors leads activists’ march on UK boards

Elliott also had a stake in the plane and car parts maker GKN, which was sold to Melrose.

Bank of China to enable payment in yuan on U.S. e-commerce platforms: Xinhua

The system will adhere to U.S. anti-money laundering rules through artificial intelligence and cyber security technologies, Xu added.

Bill Gross’s Bond-Fund Assets Decline Below $1 Billion

The Janus Henderson Global Unconstrained Bond Fund suffered about $60 million of redemptions in December, according to Bloomberg estimates. That lowered assets to $950.4 million from February’s all-time high of $2.24 billion

A New Source of Industry Capital and 14 Stories from New Cannabis Ventures

Cannabis is a very capital intensive business, but this readily available equity capital is quite an expensive source of funds to finance cultivation, processing and retail build-outs.

Hedge fund leverage risk comes under scrutiny

Regulators look at whether businesses could imperil stability of financial markets

BlackRock Cutting Roughly 500 Jobs

Money manager will shed about 3% of its staff in latest industry cost-reduction effort

Hub Continues Canadian Employee Benefits Expansion with Purchase of TRG

Many of TRG’s advisers are recognized experts, industry advocates and published authors, who frequently speak at symposiums, conferences and summits on the topic of employee benefits, Hub noted.

Institutional Investors Batten Down the Hatches

A survey of institutions overseeing $7 trillion shows investors positioning for a downturn.

Triad Advisors And Resources Investment Advisors Announce Recruitment Of Retirement Benefits Group

Ladenburg Subsidiary Congratulates Hybrid RIA and OSJ Resources Investment Advisors on Formation of One of the Nation's Leading Networks of Retirement Plan-Focused Advisors in Affiliation with Retirement Benefits Group

Global Investors Shun Risk, Embrace Private Markets - BlackRock

Institutions concerned that economic cycle is turning

Hedge fund D.E. Shaw's flagship fund posts double-digit returns

The Composite Fund pursues a mix of computer based and discretionary strategies and has notched double-digit returns in seven of the last 10 years.

Fund managers have an 'emerging' wish

US-based fund managers betting that this asset class may have the largest rebound in new year

Mercer Advisors acquires $110m RIA in first deal of 2019

It primarily caters to high-net-worth clients in the San Francisco Bay area.

Northern Trust 2019 Outlook Sees No Recession in Developed Markets and Global Growth Continuing

U.S. High Yield Favored Asset Class

Verily Announces $1 Billion Investment Round to Fund Growth and Innovation

“Adding a well-rounded group of seasoned investors, led by Silver Lake, will further prepare us to execute as healthcare continues the shift towards evidence generation and value-based reimbursement models.”

Consulting firm Opens Miami Office

Eduardo Rabassa, previously Managing Partner of Amrop Miami, will lead the new team.

Vanguard to liquidate $962.5 million balanced fund in March

Vanguard liquidated its Ohio Tax-Exempt Money Market Fund in 2017 and the U.K.-domiciled Ultra- Short-Term Bond Fund in 2018.

Hedge fund DE Shaw eyes new ‘risk premia’ strategies

New York-based group aims to broaden products away from traditional absolute return approach

DeVere to consolidate position in adviser market after US sale

The firm is set to sell its operation in the US and will make ‘major acquisitions’ with the proceeds

Weatherstone Capital Management to Join Focus Firm Carnick & Kubik; Insero Wealth Strategies to Join Focus Firm Buckingham Strategic Wealth

The Insero transaction is expected to close in the first quarter of 2019 and the Weatherstone transaction is expected to close in the second quarter of 2019, each subject to customary closing conditions.

Alternative Investments