Managers of Wealth Americas

Hedge fund manager Whitebox launches tactical income mutual fund

What we feel sets us apart from other mutual funds is our ability to remain flexible

Former US equity star Blackstein’s fund closed

Blackstein, who is employed by Toronto-based 1832 Asset Management, continues to run the US mutual fund and ran the Ucits-version of the fund on mandate since its inception.

UBS Launches SwapsDirect: Algorithmic Trading for U.S. Equity Swaps

The platform provides automatic processing as well as execution and confirmation.

‘Scale and Skill’: Why It’s Hard for Managed Funds to Beat the Indexers

For investors, the battle between actively managed mutual funds and their index-style competitors is like a decades-long sports rivalry. Index funds have been gaining ground for years, largely because their fees are lower and performance is often better,

Aviva life insurance reborn as Accordia Life

The life insurance division of the former Aviva USA earns a new name today: Accordia Life, a subsidiary of Global Atlantic Financial Group.

HedgeCo Attracts Another Equity Partner And Joins Forces With GEMS Kenmar-Olympia Group

GEMS Kenmar-Olympia Group is the third major equity partner to invest in HedgeCo. In 2013

ING U.S. Investment Management Becomes Voya Investment Management

Today, Voya Investment Management, part of Voya Financial, Inc. ), marks the firm's first day operating under its new brand name.

Wells Fargo Introduces the Wells Fargo Advantage Alternative Strategies Fund

Wells Fargo Advantage Funds announces the introduction of an alternative fund employing strategies similar to those used by institutional-quality hedge fund managers.

Fortress Says First-Quarter Profit Falls 3% on Macro Fund Losses

Earnings were pushed lower by higher operating expenses

Invesco's first-quarter profit falls 15.5 percent after UK fine

The company's Invesco Perpetual unit was fined 18.6 million pounds ($31.3 million) by British financial regulators who said the fund manager exposed its clients to more risk than they knew about between May 2008 and November 2012, resulting in their

The Hedge Fund Kid and the Treasure Ship

On Monday, a deep-water exploration ship lingered 160 miles off the coast of Charleston, S.C. The vessel is operated by Odyssey Marine Exploration, a company with a unique business model: It recovers treasure from shipwrecked vessels.

Hedge Fund Fights To Keep Fannie, Freddie In Business

Hedge fund Fairholme Capital Management is ramping up its effort to save Fannie Mae and Freddie Mac from dissolution, even as the White House pushes its case for that conclusion.

JANA awards $385m mandate to Californian manager

Causeway now has six institutional clients in Australia

Hartford to Sell Japan Operation to Orix in $895 Million Deal

Hartford Financial Services Group Inc. agreed to sell its Japanese operation to Orix Corp. as Chief Executive Officer Liam McGee narrows the U.S. insurer’s focus.

Ackman Fought to Keep SEC Rule That Enabled Allergan Deal

Pershing Square Capital Management LP owes its ability to amass an undetected stake of almost 10 percent in Allergan Inc. to a regulation it lobbied to preserve three years ago.

Goldman Sachs launches ‘shale revolution’ fund

Goldman Sachs argued that such businesses offer ‘lower commodity price risk than energy producers and users

Gabelli's big 2013 propels three year pay to $215 million

Gabelli's $85 million was up from the nearly $69 million he received in 2012

Bill Ackman Has Big Plans

The Pershing Square founder smartly used a cleverly disguised subsidiary to build up its largest investment ever, in Botox-maker Allergan.

SS&C GlobeOp Forward Redemption Indicator falls to 3.23 per cent in April

The SS&C GlobeOp Forward Redemption Indicator for April 2014 measured 3.23 per cent, down from 3.81 per cent in March

Rothschild Asset Management and Larch Lane Advisors announce a joint venture for launch of a liquid alternatives 40 Act fund

The joint venture company will act as the investment advisor for a multi-manager liquid alternatives

Alternative Investments