Managers of Wealth Americas

Brevan Howard Said to Close Commodity Hedge Fund After Losses

Brevan, based in St. Helier on the island of Jersey, was started by Alan Howard in 2002

The man behind Pan-American Life's big comeback

At age 45, Jose Suquet was ready to retire early and leave the business world for good.

Brazil must prepare for Islamic finance

The NBAD’s Ângela Martins believes the country should join the Islamic finance market, considering its large trade and investment volume with Muslim nations.

Puerto Rico's $2.9B Bond Deal Will Not Happen Before Early 2015

The delay comes as Puerto Rico Governor Alejandro Garcia Padilla has so far been unable to muster the support of his own party for a tax hike needed to back the bond deal.

Billionaire hedge fund manager David Tepper to return up to $4bn to investors

The amount represents between 10 and 20% of his $20bn hedge fund Appaloosa Management.

News Corp Invests $30 Million in Indian Property Website PropTiger.com

As part of the investment deal, Raju Narisetti, senior vice president of Strategy at News Corp will join Elara's Singapore-based board.

Traditional alts hubs squeezing out smaller players, survey finds

Speaking at the Association for the Luxembourg Fund Industry (ALFI) conference in Luxembourg, Stefan Jaecklin, head of the wealth & asset management practice in EMEA, presented the core findings from the three year study

Barclays Clarifies Treatment of Corporate Actions Affecting Constituents of the Atlantic Trust Select MLP Index

Atlantic Trust Select MLP Index used as underlying index in the Barclays ETN+ Select MLP ETNs (ticker: ATMP)

British Insurer Aviva to Shutter U.S. Hedge-Fund Arm

Closing of Fund-of-Funds Prompted by Redemption Request From Major Client

SPY Serves Hedge Funds, Grandma and Jack Lew to Reach $200 Billion

A surging U.S. stock market and recent inflows have made SPY the second-largest fund in the world, at $200 billion.

Carlyle Said to Seek $5 Billion for Fund With Longer Life

Carlyle Group LP is gathering as much as $5 billion for a fund that can hold stakes in companies for as long as 20 years, joining private equity firms such as Blackstone Group LP and CVC Capital Partners Ltd. in seeking more permanent capital from investo

EPIC expands with the acquisition of Greyling Insurance Brokerage & Risk Consulting

EPIC Insurance Brokers and Consultants, a retail property & casualty insurance brokerage and employee benefits consultant, announced today it has acquired Greyling Insurance Brokerage & Risk Consulting, Inc., a specialty insurance broker and risk

Visa Awards CEO Scharf $12.5 Million in Compensation for 2014

The total for the year ended Sept. 30 includes a $2.5 million bonus, a total of $9 million in stock options, performance shares and restricted-stock units.

China's ICBC to set up offshore yuan centre in Los Angeles

The move to create an offshore RMB centre in the largest state in the United States would lay the foundations for greater yuan trade with China, ICBC said in a statement.

Blackstone to Buy General Electric’s Japan Property Portfolio

U.S. Firm Agrees to Pay Around $1.6 Billion for 200 Residential Properties

Blackstone backed Asia fund returns 15 per cent YTD Indian equities boost Asian funds

Senrigan Capital Group Ltd, the Asia event-driven hedge fund backed by Blackstone Group LP, returned 15 per cent in the first 10 months of this year

Tiger Global’s shells target firms in EU

Rob Terry, the chairman of Quindell, stepped down this week with two other directors

61-year Wall St vet dies after second career outside the industry

He was 84.

Global X Funds Introduces China Onshore Bond ETF

The fund focuses its exposure on the high end of China's credit quality spectrum

Hedge Fund Stars Revealed Their Newest Investments in SEC Filings

It may be too late to follow his lead on airline stocks, since they are no longer out of favor or beaten down, but Appaloosa's latest SEC filings show he recently loaded up some new picks.

Alternative Investments