Managers of Wealth Americas

High fees and low performance hit hedge funds

Disenchantment over high fees and lacklustre performance may finally be turning the tide against hedge funds, fresh data suggest.

KPMG expands social media intelligence capability

KPMG Capital, a specialist data and analytics investment fund for KPMG member firms around the globe, has taken a substantial equity stake in Bottlenose Inc., a Los Angeles-based real-time trend intelligence company.

Allianz To Co-Invest up to $1 Bil. in US Real Estate with Manulife

Manulife Contributing 80% of Two Core Office Properties as First Venture

Goldman Sachs details plans for liquid alts, 'smart beta' ETFs

New filings by the liquid alts mutual fund manager offer details for its long-anticipated ETF debut

The Investment Fees You Don’t Realize You’re Paying

Many Americans have no idea what they pay for investments. Get smart and track these stealthy fees.

HSBC Global Asset Management (Canada) Limited Announces Planned Pooled Fund Mergers

The mergers have received the approval of the Independent Review Committee of the HSBC Pooled Funds.

Brazil's Providence acquires and rebrands fund administrator

Providence Global has completed the acquisition of Guernsey fund administrator Fund Corporation and rebranded it as Lumiere Fund Services.

Catalyst Rolls Out New Hedging-Strategy Fund

Alternatives as an asset class became popular after the 2008 equity-market meltdown.

Petsmart $8.7bn sale marks largest 2014 buyout

The company has been under pressure from activist hedge fund Jana and longstanding investor Longview Asset Management since July, with both calling on the board to pursue a sale.

Investors bank on Lending Club success

Tracy Alloway and Eric Platt in New York and Richard Waters in San Francisco

Pension Bill Seen as Model for Further Cuts

A measure included in Congress’s mammoth spending bill permits benefit cuts for retirees in one type of pension plan, a big shift that lawmakers and others believe could set a precedent for other troubled retirement programs.

CSQ to provide outsourced CIO services in new partnership with Strategic Capital Alternatives

SCA offers streamlined technology for independent advisors, including turnkey asset management portfolios (TAMP) that adopt a multidimensional approach to investing by embedding alternative opportunities.

Experts Debate Fund Industry Outlook at Walkers Seminars

Leading international law firm Walkers has completed another season of its acclaimed series of investment funds seminars, which were held this year in New York, San Francisco and London.

Clients Lost Millions in Hedge Fund Managed by Debt Collector, SEC Charges

The SEC is instituting cease-and-desist proceedings against Reliance Financial Advisors and co-owners Timothy Dembski and Walter Grenda Jr., charging both men with violations of the antifraud provisions of the Investment Advisers Act, the Securities Act a

Alternative Investments