Managers of Wealth Americas

Elizabeth Bramwell, ex-Gabelli Growth Fund manager, dies at 74

Ms. Bramwell died on March 7 after collapsing during her weekly badminton game. The cause was a blood clot.

McCormack's 'Tiger' hedge fund to shutter

Tiger Consumer Management, the nearly 15-year-old hedge fund firm led by Patrick McCormack and with close ties to Julian Robertson's Tiger Management, is shutting down at the end of March

Deimos Asset Management Launches Hedge Fund Management Business

The three Managing Partners of Deimos have extensive experience in the investment industry and have worked together in prior organizations.

Nuveen Eyes ETF Comeback

Nuveen Commodities Asset Management is looking to convert the Nuveen Diversified Commodity Fund

World’s largest asset manager toughens stance on boards

Asset manager signals it may oppose U.S. corporate directors’ re-election

Lebenthal Asset Management Acquires Interest in Woman-Owned AH Lisanti Capital Growth--Company to Be Renamed Lebenthal Lisanti Capital Growth

Acquisition Continues Growth of Firm's Assets Under Management

Institutions Pour Cash Into Bond ETFs

Move to exchange-traded funds comes as big investors deal with bond-trading challenges

Warren Buffett knows who next Berkshire CEO is

Warren Buffett, the billionaire CEO of Berkshire Hathaway, expects even better times ahead for his company

Kuwait sovereign fund says cutting U.S. investments, raising Europe

The Kuwait Investment Office (KIO), the London branch office of sovereign wealth fund Kuwait Investment Authority (KIA), is gradually reducing its overweight stance on U.S. assets after keeping that position for seven years

Hedge fund Kerrisdale says Webster should consider spin-off

Hedge fund Kerrisdale Capital on Monday urged Webster Financial Corp. to consider spinning off its health savings business from its core banking operations

BNY Mellon Investment Management, Standish and Amherst Holdings Announce Formation of Real Estate Credit Management Platform

BNY Mellon Investment Management announced today that it has partnered with Amherst Holdings, LLC, a leading financial services provider to institutional investors in the mortgage and structured finance sectors, to launch Amherst Capital Management LLC (A

Concept Capital Markets receives Best North American Prime Broker Award from Hedgeweek for second consecutive year

Concept Capital Markets, LLC named Best North American Prime Broker by Hedgeweek Global Awards in its 2015 reader nominated survey

Insurer for wealthy now accepting Delaware members

PURE offers broad insurance plans with higher limits than typically offered by standard carriers, according to company information.

Billionaire divorce: How Ken Griffin made his fortune

Today he's one of the wealthiest managers in the hedge fund world.

Wells Fargo brings veteran's top US equity strategy to UK

The investment approach for the U.S. Select Equity Fund, a new sub-fund for the Luxembourg-domiciled Wells Fargo (Lux) Worldwide Fund, is a style-neutral, all-cap strategy.

Legg Mason in takeover talks with non-US targets

Legg Mason's chief executive Joe Sullivan said the firm is in talks to buy two businesses that are both not based in the US.

Fidelity Investments Aligns Clearing and Custody Units

Sanjiv Mirchandani appointed president of Fidelity Clearing and Custody Michael Durbin appointed president of new Fidelity Wealth Technologies group

RBC to Provide Currency Liquidity on EBS Direct Venue

RBC as an LP will further bolster this growth and give customers access to a leading liquidity provider in both major and emerging market currencies.

Hedgies Stumble Upon the Brilliant Idea of Investing in Apple

It found, first of all, that all those “sophisticated investors” would have been better off stashing their money in basi

Stifel to buy wealth manager

The acquisition will add 730 financial advisers, boosting Stifel’s headcount of wealth management professionals by 35% to more than 2,800.

Alternative Investments