Managers of Wealth Americas

Money Management Institute expands workplace diversity initiative

MMI's Gateway to Leadership program places minority college students in paid internship positions with financial services industry firms.

Citadel slims down as torrid markets deliver losses

Surveyor invests across seven industry sectors including entertainment, energy, healthcare and technology, according to the company’s website.

Brinker Capital Launches its First Destinations Collective Investment Trust in Partnership with The Guardian Life Insurance Company of America

New Solution Builds upon Brinker Capital’s 10 years as a Retirement Plan Service provider, and over 20 years as the provider of Destinations’ disciplined investment process

Fund managers hike cash to pre-2001 levels but it signals a buying opportunity, say experts

Professional investors have taken cash allocations to their highest levels in almost 15 years amid the turmoil in global markets but some argue that the market correction looks overdone.

Ex-Reed Smith Partner Forms Three-Lawyer Tax Boutique in LA

He joined Reed Smith in 2010 as an income partner and was promoted to equity partner

Hedge Funder’s Gate Not ‘Friendly’

It was built without site plan approval.

BNY Mellon's Pershing Introduces New Independent Recordkeepers to Growing Retirement Plan Network

New firms selected for value they bring to advisor-centric models, ability to help firms more efficiently manage data

US expects over $35bn Qatari investments: Envoy

The senior US diplomat also said that if one really wants to see the growth of trade and economic ties, one needs to just enter a mall to see American products

Savanna unveils 106 West 56th Street high-rise office plan

The seller will remain in the existing building for up to 12 months.

Canoe Completes O'Leary Asset Acquisition

The acquisition continues Canoe's trajectory as the fastest-growing independent mutual fund company in Canada.

Savanna reveals plans for boutique luxury office building on Billionaires’ Row

Architecture firm Perkins Eastman has been tapped to design the project, which will feature Central Park views for floors above the 15th floor.

Lincoln Memorial, nearing 100, to get multimillion-dollar overhaul

The memorial, which attracts 7 million visitors a year, will remain open during the work, although parts of it may be closed off from time to time.

US expects over $35bn Qatari investments: Envoy

The move illustrates the confidence Qatar holds for the US and the wider Americas.

Burnham Asset Management Selects Foreside Financial Services, LLC as Distributor of Burnham Investors Trust

BAM's assets under management grew materially in 2015, due in part to an increase in net subscriptions into its financial sector mutual funds.

John Hancock Investments Posts Another Record Year in 2015

Milestones for John Hancock Investments last year included the September launch of six 'strategic beta' multifactor ETFs.

BlackRock’s Hedge Fund Suffers Worst January

BlackRock's global credit hedge fund is off to its worst start in its 19-year history amid a selloff in bonds as oil prices fell and concerns over a recession rose.

Coming to Midtown: Another Luxury Boutique Office Building

Savanna, along with Hong Kong-based Atom Assets, bought a nine-story building on West 56th Street that it will raze to make way for a 26-story property

ESMA’s advice on the application of the passport to non-EU alternative investment fund managers

It might soon be possible for alternative investment fund managers (AIFMs) in the United States of America, Hong Kong, Singapore, Japan, Canada, the Isle of Man, the Cayman Islands, Bermuda or Australia (the Countries), to “market” non-EU alte

MetLife Reaches Nearly $10 Billion in Private Placements in 2015

$1.9 Billion Invested for Institutional Clients

Sun Life revenue falls, confirms US wealth business closure

The company also incurred a C$63m £31.1m, $45.3m, €40.2m restructuring cost related to the closure of its US wealth business.

Alternative Investments