Managers of Wealth Americas

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

State Street Global Advisors’ AUM gains for quarter, year

By asset class, equities attracted $47 billion in inflows, compared to outflows of $11 billion and $55 billion, respectively, in the fourth and first quarters in 2018.

TD Asset Management Inc. launches first suite of Alternative Investment Solutions

The Funds are available exclusively to TD Wealth Private Wealth Management clients and provide access to TD Greystone Asset Management's portfolio investment expertise in alternative assets.

Marsh, Guy Carpenter, JLT to merge LatAm facultative reinsurance under Andrew Perry

The merger aims to create a leading facultative reinsurance intermediary in Latin America, with market-leading data capabilities and expanding insurance market relationships, MMC said.

iM Global Partner takes minority stake in Scharf Investments

iM Global Partner’s US and international strong experience in the asset management industry and the cultural fit we have with them is for us a real gage of solidity and long-term partnership.

7 Funds for the Planet

In another division are “sustainable sector funds,” which focus on investments related to a transition to a green economy in areas like renewable energy, energy efficiency, environmental services, and water.

Preqin reports 69 hedge fund launches, 5.40% average performance in Q1 2019

69 hedge funds were launched in Q1 2019, the majority (84%) of which were single-manager funds, reports research house Preqin in its Q1 update. Furthermore, the Preqin All-Strategies Hedge Fund benchmark returned +5.40% for the quarter.

iM Global Partner acquires stake in Scharf Investments

iM Global Partner is a leading investment and development platform focused on acquiring strategic investments in best-in-class traditional and alternative investment firms in the US, Europe and Asia.

Victory Capital’s acquisition of USAA Asset Management Company to close on time

The acquisition of USAA Asset Management Company will meaningfully diversify our asset mix and investment capabilities and transform our business in terms of size and scale.

French multi-boutique announces fifth US AM purchase

These include long-term growth company Polen Capital, credit strategies specialist Dolan McEniry, long/short investment house Sirios and liquid alternatives and ETFs company Dynamic Beta Investments.

Goldman Sachs Asset Management takes non-voting stake in Industry Ventures

GSAM's investment will provide Industry Ventures with a permanent, balance sheet investment vehicle

Alternative Investments