Managers of Wealth Americas

Northern Trust Corporation is Upgraded by Citigroup to Neutral

The company’s revenue was up 4.9% compared to the same quarter last year.

Advantage Investment Management Selects Ascendant Compliance as Preferred Compliance Technology Partner

The Advantage Investment Management team brings ACM to over 200 firms and 1,000 compliance professionals on the platform.

Sequoia Financial Group Partners with RAV Financial

Both Firms have an award-winning history to draw upon.

Alaska’s $53 Billion Permanent Pool to Exit Funds of Hedge Funds

The change, which allows Alaska to cut the layer of fees paid to funds of funds for making investments, comes as such funds produce lackluster returns.

Asset Owners Firing Funds-of-Funds—And Hiring Their Talent

He belongs to a generation of young investors raised by hedge funds-of-funds, and succeeding as asset owners.

Singapore’s Sovereign-Wealth Fund Is in Talks to Buy Manufactured-Home Owner

GIC is in negotiations to buy Denver-based Yes! Communities

Stifel Sheds Sterne Agee’s Wealth Management Business

Intl says the acquisition will not result in a material loss for the firm in the first year, and will be accretive in the second year.

KKR invests in ecological solutions firm

Elliott Bouillion, president and chief executive of RES, said the company, which currently has operations in 10 U.S. states, plans to expand across the country.

Hedge Funds' Brexit Pain

Hedge funds globally saw a net $15 billion exit from January to March

Sanjay Valvani left suicide note behind in which he wrote he’s innocent

He professed his innocence in a suicide note, according to the Associated Press.

Maybank jointly arranges $219 mln Shariah-compliant construction financing

The financing comprised a $174 million senior construction loan

INTL FCStone acquires Clearing and Wealth Management businesses from Stifel Financial’s Sterne Agee LLC

The purchase price will be approximately equal to the tangible net asset value of the combined businesses.

Blackstone (BX) Buys Stake in Marathon Asset Management

The company has around $12.75 billion in assets under management

Perspecta Trust Named as finalist for Trust Company of the Year by STEP

Perspecta is the only US-based trust company included in the group of five finalists.

Real Estate Stocks Finally Break from Financials

Investors are expected to pile into REITs following the creation of a new real estate index by Standard & Poor’s.

Kobex Announces Change of Name and New Director Appointment

An SEC registered investment advisor that manages equity and fixed income hedge funds.

Everest Wealth Management owner vows to continue fight against Maryland AG office

The securities division in the Attorney General's Office first brought forth its allegations a year ago.

Advisors Asset Management Expands Strategic Partnership with Rothschild Asset Management

Rothschild will continue to serve as investment manager for the two large-cap strategies

Visium's Sanjay Valvani found dead in apparent suicide after insider trading charge

A New York Police Department representative said Valvani was found by his wife and left a suicide note.

Hedge Funds’ Misery Exposed as Caribbean Proxies Dump Treasuries

The sales corresponded with the only losing month this year in the world’s biggest bond market.

Alternative Investments