Managers of Wealth Americas

Retired NBA star Unveils $100 Million Venture Capital Fund

The retired NBA star and his partner today unveil their vehicle for investing in technology, media and data companies

Why Hamptons real estate agents love partying execs

He was heading to his Amagansett rental after a night at the Surf Lodge in Montauk, he told police.

Inside the secretive US hedge fund stalking British companies

The Libertad’s crew had rejected a request to move the 113-yard long, three-masted vessel to another mooring to help ease the blockage. So port officials took it upon themselves to shift the Libertad.

Blackrock Eyes Swiss Cantonal and Regional Banks for Cooperation

Blackrock has almost $5 trillion in assets under management, making it by far the biggest wealth manager.

Prudential Finance receives Excellent Performance Award from Vietnam cbank

After winning the award for 2014 last year, Prudential Finance is the first consumer finance company in Vietnam to receive the “Excellent Performance” Award for two consecutive years.

Fidelity Investments Launches Fidelity Advisor Global Real Estate Fund

New Fund Broadens Fidelity Sector Lineup to Meet Demand from Intermediary Market as Investors Seek Exposure to Growing Global Real Estate Securities Market

Billionaire Demands Top Traders Take More Risk in Hedge Fund Shakeup

He’s also demanding that all his managers take more risk in their bets.

Guggenheim to close, liquidate emerging-markets real estate ETF in September

Guggenheim Investments is the eighth-biggest U.S. exchange traded product provider with more than $29 billion in assets.

Can Morgan Stanley Keep ValueAct Happy? And What if It Can’t?

Investment by ValueAct shows support for CEO and strategy, but some say bank needs to get stock price higher

Piedmont Investment Advisors acquiring NCM Capital Management

Financial details of the deal announced Wednesday, which involves two minority-owned firms, weren’t disclosed.

Ex-Barclays Banker Roger Jenkins Said to Back Marijuana Venture

The venture may seek to capitalize on the outcome of the state’s November vote on whether to legalize and tax recreational pot use.

Old Money goes High-Tech: No Commoners Allowed

For sellers, the discrete digital conclaves are like a pick ’n’ mix of wealthy families increasingly drawn to private equity.

eVestment Lands on the Inc. 5000 list for the 10th Consecutive Year

The list represents a unique look at the most successful companies within the American economy's most dynamic segment – independent businesses.

Investment: Rise of the DIY algo traders

Will tech-savvy amateurs be able to consistently beat the market and take on the hedge funds?

Touchstone Adds Two Funds and New Sub-Advisor

Touchstone created new share classes for the funds, which previously only offered an institutional share class.

This Billionaire's Hedge Fund Is Said to Be Laying Off 15% of Staff

The firm’s flagship Tudor BVI Global Fund, which makes bets on global trends including currencies and interest rates, has returned an average 18% a year since it began trading in 1986.

Billionaire Soros' namesake fund doubled down against the S&P 500

Puts are used for a downside bet.

The Beneficient Company To Acquire Provident Trust Group

Acquisition Accelerates BEN's Entrance Into High Net Worth Space With Addition of 20,000 Clients With Established Self-Directed Retirement Accounts Dedicated to Alternative Investments

Paul Capital Investors Won't Have To Pay All Those Fees After All

Beneficient also will acquire Provident Trust Group.

Cerberus to seal bumper Danske mortgage deal

American private equity firm ready to buy bulk of Danish lender’s remaining residential loans