Managers of Wealth Americas

Saint Nicholas puts holidays on ice

Saint Nicholas Nicholas Schorsch, that is — is putting the holidays on ice.

OppenheimerFunds Selects Strategic Creative Agency Partner

We are thrilled to be chosen by OppenheimerFunds as their agency partner

After pulling billions, former Pimco investors may not be better off

When Bill Gross bolted Pimco in late September after months of mediocre performance in his Total Return Fund, clients including Wells Fargo & Co. and Charles Schwab Corp. pulled over $61 billion from the Newport Beach, Calif.-based money manager.

The Boston Company Asset Management Launches MLP and Event-Driven Alternative Strategies for Institutional Investors

The energy infrastructure strategy invests primarily in companies that own and operate midstream assets, such as pipelines, terminals and processing facilities, which have long useful lives and offer attractive rates of return.

BlackRock Adopts CFA Institute Asset Manager Code of Professional Conduct

CFA Institute, the global association of investment professionals that sets the standard for professional excellence, has added BlackRock to the growing list of investment firms that claim compliance with its Asset Manager Code of Professional Conduct.

BNY Mellon brings activist on board

In a breakthrough for activist investors, Bank of New York Mellon has invited into its boardroom a shareholder known for hounding corporate America.

HighTower Partners With Envestnet Retirement Solutions

To meet growing demand for retirement plan services, HighTower announced Wednesday that it integrated Envestnet Retirement Solutions (ERS) into its technology platform.

Legal & General launches U.S. index fund arm

British insurer Legal & General has launched a U.S. index fund management business, the U.S. unit said, as it looks to capture some of the growing U.S. passive fund market.

Warren Buffett on track to win hedge fund bet

There's just four years left in the 10-year bet between billionaire Warren Buffett and a New York hedge fund firm, and it seems clear that Buffett will win handily.

Natixis Global Asset Management Launches ASG Global Macro Fund

Investors and financial advisors are clamoring for accessible, liquid ways to invest in alternative strategies

New York Life Investment Management to Acquire IndexIQ

IndexIQ provides a robust ETF platform that New York Life can use to consider new and diverse offerings in the future

Fortress Said to Start Long-Short Equity Hedge Fund Unit

Fortress Investment Group LLC, the first publicly traded hedge fund and private equity manager in the U.S., is forming a global equity group that can bet on rising and falling stocks

Deutsche Bank, Ex-Citi Hedge Chief Near Deal For Arrowgrass Stake

Deutsche Bank is set to sell its stake in a former hedge-fund unit to private-equity firm Foundation Capital Partners.

San Francisco scheme reconsiders hedge fund allocation

The chairman of San Francisco’s pension fund is proposing a smaller mix of hedge funds than previously discussed, the latest retirement system to rethink its approach to those investments in the wake of a retreat by the largest public pension in the

Investors pull another $9.5bn from Pimco's Total Return

Investors pulled $9.5 billion from Pacific Investment Management Co’s flagship Total Return fund in November, a sharp drop from the previous two record-setting months of outflows, according to the company.

Houston energy hedge fund AAA Capital to close at year's end

Energy hedge fund AAA Capital Management Advisors will shut its doors and return investor money at the end of the year as traders continue suffering lackluster returns amid a structural change in energy markets.

Hedge funds move across asset classes

Hedge funds made significant moves across asset classes the past week as large speculators sold S&P 500, NASDAQ and Russell contracts

Investors Call For Hedge Funds To Reach Benchmarks Before Charging Fees

Hedge fund investors are catching up with their private-equity peers.

Hedge fund giant claims Suisse’s appraisals full of holes

Highland Capital claims Credit Suisse knew a luxury Las Vegas real-estate development was a total mirage — and has the e-mails to prove it.

Deutsche Asset & Wealth Management Increases Creation Limit for ASHR

The Fund will continue to utilize this new creation units limit for ASHR in order to manage the RQFII quota for purchasing China A shares securities.

Alternative Investments