Managers of Wealth Americas

Tiger 21 Millionaires Scale Back on Hedge Funds

Ultra wealthy millionaires are reducing their exposure to hedge funds

Why the S&P Is Thrashing Hedge Funds

It's unusual for the funds to lag so far behind. Recent experience confirms that investing talent is a rare commodity.

BNP Paribas makes major expansion in US fund services

Expanding its local custody network is at the core of the bank's strategy to support its clients' investment activities in the world's largest financial centres.

Blackstone targets stakes in hedge fund managers

Blackstone Group LP is preparing to launch a multibillion-dollar fund

Janus Capital third-quarter profit falls 8 percent

Janus Capital Group has reported third quarter net income of $25.1 million, or $0.14 per diluted share, compared with second quarter 2012 net income of $23.4 million, or $0.13 per diluted share and net income of $27.4 million, or $0.15 per diluted share,

Lazard's Profit Fell 33% in 3rd Quarter

"We are focused on revenue growth, cost discipline and effective use of capital to build shareholder value," said Mr. Jacobs.

Credit Suisse looks to run U.S. exchange

The plan, which has not been made public, is taking shape amid heightened tensions between exchanges and brokers, which compete with each other for trades. Brokers also are big customers of exchanges.

Fund of hedge funds firm hires Cantor Fitzgerald

CFIA is currently performing investment management services

RBS under pressure to offload US business

Royal Bank of Scotland has come under pressure to sell its US business

Black-Scott sets up Beverly Hills Wealth Management office in Jacksonville

“We want to be in the right places where we do a very good job,” Black-Scott said in a telephone interview Friday.

Eagle Asset Management buys stake in quant manager ClariVest

Terms were not disclosed. ClariVest management remains the majority holder.

Blackstone targets stakes in hedge fund managers

No target for the size of the new fund had been set, although it could attract between $2 billion and $3 billion, the person said.

Ramius to Partner in Japan with GreensLedge Capital Markets

GreensLedge Asia was created in partnership with Iku Nishino

Expansion at Schwab rankles RIAs

I'm always concerned about a custodian buying asset managers

Vikram Pandit To Get Back In The Hedge Fund Saddle Again, At Some Point

Pandit is viewed by the hedge fund community as a rainmaker due to his ties to deep-pocketed investors.

SEC Says 1,504 Advisors to Hedge Funds, Private Funds Now SEC-Registered

SEC also identifies 293 advisors who may no longer be eligible for registration under the ‘switch’

Natixis acquires McDonnell Investment Management

McDonnell is an Oak Brook, Illinois-based investment advisor

BlackRock's Q3 EPS up 23% on new business

BlackRock Inc.'s third-quarter profit climbed 7.9% as the world's largest money manager saw its assets under management increase, while revenue climbed.

Knight Capital Reports Net Loss After Software Error

Knight Capital Group today reported a consolidated net loss for the third quarter of 2012 of $389.9 million, or $602.9 million before income tax benefits.

State Street Beats Estimates as Asset-Management Fees Rise

Revenue of $2.36 billion decreased 3% from $2.42 billion and $2.43 billion in the second quarter of 2012 and third quarter of 2011, respectively.

Alternative Investments