Managers of Wealth Americas

State Street unit at top of hedge fund administrator ranking

State Street Alternative Investment Solutions had the most hedge fund assets under administration in the second half of 2013

New Oberweis International Opportunities Institutional Fund Launches

Oberweis Asset Management, Inc., a registered investment advisor specializing in the global management of micro-, small- and mid-capitalization growth portfolios announced today that it will manage a new fund, the Oberweis International Opportunities Inst

Institutional Flows Bolster Hedge fund Industry

Rising allocations from institutional investors helped increase hedge fund assets under administration by more than 6% in the second half of 2013.

SAC Capital Just Got A New Name

SAC Capital, the once $14 billion Stamford, Conn.-based hedge fund run by Steven A. Cohen, just got a new name.

Worth Venture Partners launches multi-manager hedge fund

The Emerging Manager Onshore Fund launched with USD45m on 3 February with a commitment letter from an anchor investor for an additional USD10m.

Highbridge's Bernstein To Launch Tech-Media Hedge Fund

Adam Bernstein, technology sector head and fund manager at Highbridge Capital Management, plans to launch a tech and media-focused hedge fund.

CIBC Asset Management Announces Portfolio Sub-Advisor Changes to International Equity Mandates

CIBC Asset Management Inc. today announced portfolio sub-advisor changes to further strengthen its lineup of international equity funds.

Hedge funds record highest monthly inflow in three yearsHedge funds record highest monthly inflow in three years

Industry assets climbed to a five and a half year high of USD2.2trn in February, according to estimates based on data from 3,374 funds.

Puerto Rico Bond 'Alternative' Investors To Square Off Against Retail Investors

Puerto Rico is heading toward a $3.5 billion bond offering this month which would be used to help stabilize the island's finances and pay interest on its $70 billion in current debt.

Who is the reclusive billionaire creator of Bitcoin?

Strangely, nobody knows who created it

New Hedge Fund Managers Join Forbes’ Billionaire List

The new Forbes billionaire list reports that there are now 46 hedge fund billionaires on the list, with 6 of them newcomers.

Warren Buffett Gets Away With Paying His Employees Less By Using This One Weird Trick

The latest Berkshire Hathaway annual shareholder letter came out yesterday, and in it, Warren Buffett gives us a status update on two portfolio managers that came to work for the company in recent years.

Top hedge fund third party marketers are more important than ever to investors

Many of these firms have morphed into asset gatherers from alpha generators by managing significantly more assets than their strategies can optimally handle.

The World's Hedge Fund Billionaires

There are now 46 billionaires in the world who have derived most of their wealth from managing hedge funds.

Vanguard Asset Management soft closes two funds

Vanguard Asset Management has soft-closed two of its popular US equity funds to new investors.

Old Mutual To Proceed With IPO Of US Asset Management Business

According to the firm, the offering is to enhance USAM's financial and operating flexibility to deploy capital to continue to grow and develop further its multi-boutique asset management business.

WisdomTree Extends Global Reach in Latin America

WisdomTree Investments, Inc. an exchange-traded fund sponsor and asset manager, today announced the Superintendencia de Banca, Seguros y AFP, the Peruvian pension funds investment regulator, has approved 12 WisdomTree ETFs for sale to Peruvian pension fu

Alternative Investments