Managers of Wealth Americas

ING U.S. Investment Management Becomes Voya Investment Management

Today, Voya Investment Management, part of Voya Financial, Inc. ), marks the firm's first day operating under its new brand name.

Wells Fargo Introduces the Wells Fargo Advantage Alternative Strategies Fund

Wells Fargo Advantage Funds announces the introduction of an alternative fund employing strategies similar to those used by institutional-quality hedge fund managers.

Fortress Says First-Quarter Profit Falls 3% on Macro Fund Losses

Earnings were pushed lower by higher operating expenses

Invesco's first-quarter profit falls 15.5 percent after UK fine

The company's Invesco Perpetual unit was fined 18.6 million pounds ($31.3 million) by British financial regulators who said the fund manager exposed its clients to more risk than they knew about between May 2008 and November 2012, resulting in their

The Hedge Fund Kid and the Treasure Ship

On Monday, a deep-water exploration ship lingered 160 miles off the coast of Charleston, S.C. The vessel is operated by Odyssey Marine Exploration, a company with a unique business model: It recovers treasure from shipwrecked vessels.

Hedge Fund Fights To Keep Fannie, Freddie In Business

Hedge fund Fairholme Capital Management is ramping up its effort to save Fannie Mae and Freddie Mac from dissolution, even as the White House pushes its case for that conclusion.

JANA awards $385m mandate to Californian manager

Causeway now has six institutional clients in Australia

Hartford to Sell Japan Operation to Orix in $895 Million Deal

Hartford Financial Services Group Inc. agreed to sell its Japanese operation to Orix Corp. as Chief Executive Officer Liam McGee narrows the U.S. insurer’s focus.

Ackman Fought to Keep SEC Rule That Enabled Allergan Deal

Pershing Square Capital Management LP owes its ability to amass an undetected stake of almost 10 percent in Allergan Inc. to a regulation it lobbied to preserve three years ago.

Goldman Sachs launches ‘shale revolution’ fund

Goldman Sachs argued that such businesses offer ‘lower commodity price risk than energy producers and users

Gabelli's big 2013 propels three year pay to $215 million

Gabelli's $85 million was up from the nearly $69 million he received in 2012

Bill Ackman Has Big Plans

The Pershing Square founder smartly used a cleverly disguised subsidiary to build up its largest investment ever, in Botox-maker Allergan.

SS&C GlobeOp Forward Redemption Indicator falls to 3.23 per cent in April

The SS&C GlobeOp Forward Redemption Indicator for April 2014 measured 3.23 per cent, down from 3.81 per cent in March

Rothschild Asset Management and Larch Lane Advisors announce a joint venture for launch of a liquid alternatives 40 Act fund

The joint venture company will act as the investment advisor for a multi-manager liquid alternatives

Investors Flock to Hedge Funds, Despite Mediocre Performance

Hedge funds may be producing lackluster returns, but investors are running to them anyway.

Titan adds eighth member to its board

The company manages approximately $6 billion of capital and has holdings in public and private companies in a variety of industries.

Huron Consulting Group Announces Formation of Broker-Dealer to Expand Investment Banking and Capital Advisory Services

Huron Consulting Group , a leading provider of business consulting services, today announced that it has established Huron Transaction Advisory LLC to provide broker-dealer, corporate finance and investment banking services to new and existing clients.

Invesco National Trust Company Launches 15 Additional Collective Trust Funds

The new fund lineup has already been added to the platforms of a number of top DC record keepers and expands the opportunity for retirement plans to invest in additional Invesco strategies that span across all major asset classes and are delivered throug

NFP Acquires Schwartz Brothers Insurance

Strengthens NFP's P&C Presence in Illinois

No warm EU welcome for US hedge funds

As the deadline nears for an EU directive intended to enhance the protection of European investors, it is becoming clear that it will, instead, curtail their access to lucrative opportunities in the US as hedge funds based there choose not to comply.

Alternative Investments