Managers of Wealth Americas

Hedge funds shrug off volatility with $30B in gains

The hedge fund industry experienced net outflows of $1.5 billion according to mid fourth quarter data from Hedge Fund Research (HFR), which covers October and November this year.

Standard Life Investment Expands Global Footprint

The business now manages over £240bn of assets and has increased its operational and client servicing footprint, with further investment planned to support continued growth.

North American Family Offices Turning Co-Investment

The popular belief that family offices in North America regularly invest together has been challenged by the Global Family Office Report 2014

J.P. Morgan Asset Management and Sonnedix Announce Global Solar Joint Venture

The joint venture platform currently operates 17 power plants with 117MW of installed capacity across France, Italy, Spain, Thailand and Puerto Rico.

Investor in Meredith Whitney's hedge fund wants his money back

The biggest investor in Meredith Whitney's hedge fund has demanded his money back and two executives have left in the past month

China, Chile seek enhanced trade, investment

Chile is trying to attract Chinese investors to do PPP when in Chile, with $15.2 billion infrastructure projects under way.

Man Group steps up U.S. presence with Silvermine deal

Man Group plans to buy U.S. fund manager Silvermine Capital for up to $70 million, picking up $3.8 billion of assets under management to further strengthen its presence in the United States.

Video Released by Pershing Square Capital Management Exposes Senior Distributors Admitting that Herbalife Uses a “Level of Inauthenticity,” leading to “Eventual Deception”

Never Before Seen Footage Reveals that Herbalife Admits It Values Recruitment Over All Else and Its “Business Opportunity” is Nearly Impossible to Achieve

Ackman Says Pershing ‘Meaningfully’ Built Fannie-Freddie Bet

Bill Ackman, founder of Pershing Square Capital Management, said he’s added “meaningfully” to his bets on U.S. mortgage companies Fannie Mae and Freddie Mac in the past two weeks.

Huntington Asset Services to provide mutual fund support for new global macro fund

Huntington Asset Services is providing support for Spouting Rock Fund Management’s Spouting Rock/Convex Dynamic Global Macro Fund, which launched 21 November.

Hedge funds lead financial firms’ flow into Miami

The industry is one that has been quietly established here for some time, he added, and it includes venture capitalists, family offices and financial management firms as well as hedge and other funds.

Canadian Hedge Funds East West, SW8 Join Forces

Going it alone in the Canadian hedge fund industry is not easy—so two Northern firms have decided to go it together.

Cuomo Nixes Higher Hedge Fund Allocations By Pensions

Citing increased risks and higher fees, New York Governor Andrew Cuomo vetoed a bill that would have allowed state pension funds to up their hedge fund allocations.

Gemini Alternative Funds Launches Galaxy Plus Fund, Delivering Access to Select Group of Commodity Trading Advisors

The new platform reflects the continuing growth of Gemini Alt's comprehensive line of investment vehicles designed to meet the evolving needs of advisors and high-net-worth clients.

Levine on Wall Street: Cuba Funds and Dark-Pool Plans

Yesterday's big news that the U.S. will move to normalize relations with Cuba was also big news for U.S. investment funds that invest in Cuba.

Hedge Fund Alden Global Profits On Russian Turmoil

New York-based hedge fund Alden Global Capital is apparently making money on Russia's financial crisis.

AMP Capital receives global infrastructure commitment from Ontario Pension Board

AMP Capital has received a US$200 million commitment, with additional co-investment rights, from Canadian pension plan Ontario Pension Board (OPB) to invest in its global infrastructure strategy.

UBS to nominate BlueMountain exec Staley to board

UBS said on Wednesday it would nominate Jes Staley, an executive at New York-based hedge fund BlueMountain Capital Management, to the board of the Swiss bank at its May shareholder meeting.

Canada’s Ontario Pension Board pours $US200m into AMP

Ontatario Pension Board, a major Canadian pension fund, has injected $US200 million into AMP Capital’s global infrastructure strategy, with additional co-investment rights.

Boomers are finding easier access to hedge funds

A generation of investors nearing retirement is increasingly looking at alternative investments, such as commodities, real estate, private equity and hedge funds, not only to reach for higher returns but also to provide a hedge against risk through portfo

Alternative Investments