Managers of Wealth Americas

BMO Capital Markets Awarded Best Bank for the Canadian Dollar by FX Week for the Fifth Consecutive Year

BMO Recognized for Excellence in Helping Clients With Foreign Exchange Needs

Hedge fund Achievement Asset Management to return money to investors

This is obviously not what we were aiming for and I just don't think my strategy makes a lot of sense in this market environment so I just decided to give everybody their money back and regroup

French private equity firm raises €1.1bn for co-investment fund

Was already one-third invested through 11 deals, which began before the fund closed.

A Flurry of Growth in the Online Financial Advice Field

More traditional financial services companies are introducing their own online and digital-only advisers.

BlackRock to close poor performing $1bn macro hedge fund

The Fortress fund, managed by Mike Novogratz, had been one of the worst performing large hedge funds in the world this year.

Sankaty Advisors to Acquire Four CLOs with $1.6 Billion of Assets from Regiment Capital Advisors

The firm has managed 27 CLOs since inception. Sankaty currently has 12 CLOs in the U.S. and Europe under their management.

Critics pounce on hedge funds managed by Florida lawmaker

Grayson was reelected to Congress three years ago, is seen as uncommon for a sitting lawmaker

Suriname's top diplomat promotes economic diplomacy in Saudi Arabia

This has given our political and diplomatic solidarity, as well as our economic and trade engagement, a redefined purpose at various levels

Funds mull best way to get emerging markets exposure

Sources said pension fund allocations to emerging markets remain low relative to the percentage of world GDP these countries represent, and some institutional investors still have no exposure.

Canadian pension fund arm Ivanhoe Cambridge doubling investment in China

That is part of its strategy to double the weighting of growth markets, including Asia-Pacific and Latin America, in its global portfolio.

Argentina Opens for Business at Last

Nine days before a closely-watched presidential election in Argentina, it would be hard to overstate the level of expectation in the business world.

Cerberus Acquires GBP 13 Billion Portfolio of Assets from UK Asset Resolution Limited (UKAR)

Portfolio Consists of Part of the Legacy Book of NRAM, the Former Northern Rock Mortgage Business

Mercer Advisors Expands Footprint, Acquires Spruce Hill Capital

The purchase allows Mercer Advisors to broaden its East Coast presence and accessibility to both current and future clients.

BNY Mellon's Pershing Prime Services Unit Named Best Prime Broker--Innovation by HFM US Services Award for Second Consecutive Year

The group now has approximately $140 billion in FoHF assets under custody and administration

Alternative Investments