Managers of Wealth Americas

Outflows Hit Waddell & Reed Funds

Two biggest units see $12.5 billion fly out door in sign of retail sector’s vulnerability

Why Vanguard and BlackRock could beat Peltz and Icahn

It’s a sign of changing times.

Griffin Capital Essential Asset REIT Completes Acquisition of Signature Office REIT

Griffin Capital Corporation announced today, on behalf of Griffin Capital Essential Asset REIT, Inc., the completion of the merger with Signature Office REIT, Inc.

Capital One Merges Advisory Business With Online Investment Platform

Investors can then create an investment plan to electronically add funds in any amount

Nu Paradigm and Berenberg Asset Management Partner to Launch Risk Managed Portfolio Solution

The Nu Paradigm/Berenberg Asset Management partnership provides clients with access to breadth and depth in portfolio implementation

Coherence Capital, James Alpha Management Form Partnership

The Spectrum Fund has a 34-month track record with a cumulative return profile of 41.72%

Hedge Fund Titans Bacon, Robertson Back New Manager Axar

Axelrod, 32, will focus on corporate events such as mergers, bankruptcies and spinoffs in his New York-based Axar

Elliott Associates Looks to Thwart Samsung Merger

U.S. hedge fund files a court injunction to prevent Cheil Industries’ acquisition of Samsung C&T

Non-traded REITs cost investors $50 billion: consultant

Shareholders are about $50 billion worse off for having put money into non-traded real estate investment trusts rather than exchange-traded versions

Why this manager of $305 billion isn’t diversifying

Calpers believes it can cut costs by narrowing its use of outside managers

Rhode Island’s $2 Billion in ‘Preventable Losses’ in Alternative Assets

She added that Rhode Island has recently begun following “a similar strategy” to Calpers

Old Mutual to bolster funds by selling stake in asset manager

Old Mutual, the FTSE 100 listed insurer, is to bolster its funds with the sale of a tranche of shares in Old Mutual Asset Management in the US

GE Takes Big Step Away From Banking With $12 Billion Deal

General Electric will sell its private equity business in a deal valued at about $12 billion as it refocuses on its core businesses and exits a banking sector now under stricter oversight.

Janus Labs Releases Second Book in Art of WOW Series

We aim to help our clients ignite, or re-ignite, their acquisition efforts and build a tribe of loyal clients

Sustainable Investing on the Rise in the US

Sustainable investing has been slow to catch on among individual investors in the US compared with Europe

J.C. Flowers to buy AmeriLife

J.C. Flowers & Co. LLC has agreed to buy AmeriLife Group from Reservoir Capital Group and Black Diamond Capital Partners

Focus Financial Partners Upsizes Its Credit Facility Capacity to $1 Billion

The $1 billion credit facility is available to all Focus partners, providing them with access to market leading capabilities while retaining their independence and entrepreneurial goals.

Harvard gets record US$400 mln gift from hedge fund boss Paulson

Wall Street financier John Paulson has broken the record set by Hang Lung Group’s Ronnie Chan Chi-chung and his brother Gerald, who donated US$350 million to Harvard University

How Start Up Hedge Funds Plan To Raise More Capital

When asked to evaluate the factors critical to success in launching a hedge fund, managers are certain to focus on two key areas – investment performance and raising capital.

Hancock Horizon Funds launches three new funds

We believe there is great opportunity to capitalize on higher returns

Alternative Investments