Managers of Wealth Americas

Prudential profit beats estimates as asset management fees rise

Adjusted operating income at the insurer's asset management business rose about 16 percent to $200 million.

Waterfall Launches Offshore Funds

Waterfall Asset Management, the $2.9 billion New York-based credit hedge fund, has launched a pair of Caymans-based funds.

Swiss alternative asset manager continues American energy push

The Houston office would become its 18th global office.

Novus Signs Additional European Hedge Fund Clients

The addition of these two funds highlights a developing trend among emerging managers

US hedge fund latest to line up tax inversion move

A US HEDGE FUND has become the latest in a string of companies seeking to acquire a UK rival in order to set up a foreign tax centre.

Ex-Bridgewater Analyst Starts No-Fee Hedge Fund

The New York-based firm will even manage money pro bono for foundations and underfunded pensions for up to 25 percent of the firm’s assets.

DSM Capital Partners Launches new fund

The Fund had in excess of USD 600 million in assets at the end of second quarter 2014.

Finance Firms Partner to Offer Exclusive Investment Fund for Women

The offerings of both Harris and Harris Wealth Management Group and Pax Investments of the Pax Ellevate Global Women's Index Fund reflect the pertinence of this type of commitment to women within the finance industry.

Abu Dhabi-backed Carlyle see Q2 earnings double

Carlyle Group, the US private equity firm in which Abu Dhabi’s Mubadala Development Company owns a 7.5 percent stake, announced its second-quarter earnings doubled from a year earlier as one of its European buyout funds started paying performance fe

Deutsche Asset & Wealth Management Acquires Parker Place in California

Deutsche Asset & Wealth Management’s real estate investment business today announced that it has acquired Parker Place in Berkeley, CA, on behalf of one of its institutional clients.

Aequitas Capital Launches New RIA Membership Network

Aequitas Capital Partners Looks to Partner with Growth-Oriented RIAs Who Have an Appetite and Appreciation for Alternatives

Wall Street Revives Reward Junkets for Top Brokers

With the stock market at record levels and wealth-management fees rising, Wall Street is reviving posh "recognition'' junkets that were abruptly suspended in the 2008-2009

Toscafund joins UK hedge funds in setting up US office

Other hedge funds that have recently opened up US offices include the multi-strategy manager Cheyne Capital, the computer-driven Winton and Odey Asset Management, one of London’s oldest hedge funds.

Fortress Second-Quarter Profit Rises 16% on Holdings Sales

Fortress is benefiting as rising stock markets lift the value of holdings, offsetting the impact of losses at some of the firm’s hedge funds.

Rothschild Larch Lane launches new fund

Rothschild Larch Lane Management Company announces the launch of a liquid, open end alternatives mutual fund which utilizes a risk balanced approach to portfolio construction.

Hedge fund boss Steve Cohen takes on Hamptons social scene

Hedge fund billionaire Steve Cohen is shrugging off his troubles and schmoozing in the Hamptons.

Calamos Asset Management Reports Second Quarter 2014 Results

Non-GAAP diluted earnings per share was $0.22 for the second quarter compared with $0.20 in the previous quarter

MetLife Announces Second Quarter 2014 Results

MetLife reported operating earnings* of $1.6 billion, unchanged from the second quarter of 2013.

Ex-Citi FX trading head readies macro hedge fund

Former global head of foreign exchange at Citigroup, Anil Prasad, is preparing to launch his own hedge fund in the first quarter of 2015.

Natixis Global Asset Management to Relocate Boston Headquarters to 888 Boylston

The 17-story, 425,000-square-foot 888 Boylston Street is designed to be Boston’s most sustainable office building

Alternative Investments