Managers of Wealth Americas

Prudential sells US broker-dealer network for $325m

The transaction has closed after receiving all necessary regulatory approvals and the transition is expected to be completed by the end of the first quarter of 2018.

Hedge-fund honchos including David Tepper are loading up on Alibaba

Moore Capital and Tiger Global Management disclosed a slight decrease in their holdings of Alibaba in the second quarter.

Pershing Square says ADP CEO misled board on talks with hedge fund

The hedge fund had proposed three nominees to ADP's board last week.

Investment management firm VanEck seeks to launch bitcoin ETF

The fund will also invest in US Treasury bonds, money market funds, and cash, among others.

Commentary: Hedge fund land: An expensive amusement park?

Hedge funds have come under extreme criticism lately for their expensive fee structure

Former Linsalata trio sees 'opportunity' in own firm

It's all about the opportunity.

Imperial Capital Advises Sugarfina on its Growth Equity Investment from Great Hill Partners

Great Hill Partners’ investment will support the continued growth of Sugarfina’s omnichannel presence across web

Record ETF inflows fuel price bubble fears

Growing numbers of investors moving into low-cost vehicles that track an index

Burbank’s Passport Suffers Another Sharp Drop in Assets

Subprime star John Burbank III’s multistrategy hedge fund firm, which once managed $4 billion after it earned triple-digit returns in 2007, is down to less than $1 billion after a long spell of poor performance.

Japanese wealth manager Symphony Financial launches US office

The first is a long-bias, constructive engagement strategy which invests and works closely with willing managements of deeply undervalued Japanese companies.

Pimco Sees `Handsome' Rewards in Emerging-Market Local Bonds

Emerging-market local bonds are the cheaper part of global fixed-income market and should outperform.

Disrupting Manhattan commercial property

This is based on the vision of Rodrigo Niño, the firm’s chief executive officer and founder, that the crowd can finance the solution of many of the problems of the current society.