Managers of Wealth Americas

SunTrust Wins Greenwich Excellence Award for Investment Ideas and Advice

The recognition follows SunTrust launching onUp, a national movement to inspire Americans to build financial confidence.

Japan's Orix plans $1 billion U.S. private equity deals: source

An Orix spokesman confirmed the company has set up a private equity company in the United States but declined to comment on investments or any other details.

Bitcoin finds room in small funds; large institutions still on sidelines

Hopes that bitcoin would become a broadly used alternative to other currencies helped buoy its price to more than $1,000 in December 2013, when its market capitalization was $13 billion.

Vista Equity Sets $10 Billion Upper Limit For New Fund

Vista Equity Partners Fund VI LP has attracted investor demand in excess of the fund’s $10 billion hard cap.

Bill Ackman is having the worst year in his fund's history

His returns so far this year have been mostly dragged down by Valeant Pharmaceuticals' massive decline.

$14b bid for Starwood Hotels puts Chinese firm Anbang in spotlight

The move complicates a plan to meld Starwood and Marriott International Inc into the world’s largest hotel company

Apollo Seeks $700 Million for CLO Firm as New Rules Loom

Apollo itself will cease to issue any more CLOs after the new company is established, although it will continue to manage the funds it has already established, one of the people said.

Rattner wins SEC OK for dealmaking role with bankers

The ruling opens a path for him to bring transactions to Guggenheim without being a full-time employee, according to two people familiar with the arrangement who asked not to be identified discussing a private deal.

Bahraini banks acquire key US real estate portfolio

The Bridgewater property sits on a 260,000 sq m gated land and boasts 532 residential units spread over 36 residential buildings, while the Preston Creek property sits on a 206,000 sq m gated land consists of 334 residential units spread over 19 residenti

Gold Believers Scoff at Goldman Warning as Wagers on Rally Rise

Gold is heading for a third straight monthly gain.

Advisors Not Prepared for DOL Fiduciary Rule

Fidelity Institutional on Monday released the results of a January survey of 485 financial advisors from all channels, including bank, brokerage, insurance and registered investment advisory firms.

Wall Street’s high rollers think new ways to bring bigger profits

A source notes that brokers will see cutbacks in areas that advisers at Morgan Stanley once took for granted — administrative support, office space, expenses, marketing and entertainment.

Preqin identifies most consistent performing hedge funds

Drawing on data compiled for the 2016 Preqin Global Hedge Fund Report, Preqin has created league tables of hedge funds that have most consistently delivered strong, stable performance.

Abu Dhabi fund set to finance Latin American property deal

BTG Pactual has been selling assets to raise cash and restore investor confidence since the arrest last November of its former chairman and principal shareholder André Esteves.

Wall Street's Frustrated Chinese Bankers Are Heading Back Home

The movement is such a widespread phenomenon that the Chinese have a moniker for the returnees, Hai Gui, or “sea turtles.”

UBS Hires Bridgewater’s Challenger for Equity, O’Connor Trading

Dawn Fitzpatrick is bolstering staff after being named late last year to lead a new unit that combines the UBS O’Connor hedge-fund business with the equities and multi-asset investing operations.

Gemini Hedge Expands Distribution Capabilities With Hedge Connection Partnership

By choosing Hedge Connection, Gemini Hedge is giving its clients access to a platform that enables them to build their brands and access allocators within a legally compliant ecosystem that is efficient and cost-effective," she added.

Manulife Names Global Head of Operations and Data Management, Investment Division

She will also oversee the design, implementation and management of Manulife's Divisional Data Governance and Information Management program.

Lansdowne’s Flagship Fund Loses Nearly $1 Billion This Year

Hedge fund is hit hard by rebound in mining sector

Ascende Wealth Advisers, Inc. named a top 100 retirement plan adviser team for third year in a row

It's an incredible honor to be nominated three years in a row.

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