Managers of Wealth Americas

Global ETF AUM to surpass hedge fund industry in 18 months

While growth rates will be highest in Asia and lowest in the more mature US market, the growth drivers will be the same across all markets

The Wharton School and CISDM Partner to Provide Morningstar CISDM Hedge Fund Data via WRDS

The addition of Morningstar CISDM is part of WRDS’ continued growth and dedication to meeting the information needs of the financial services industry

USI to Acquire 42 Wells Fargo Locations

Leading middle market brokerage agrees to acquire Wells Fargo Insurance brokerage and consulting locations across the nation

Ex-Diamondback chief sees opportunities in banks at new fund

Richard Schimel, back in the hedge fund business after the U.S. government's insider trading probe helped force him to shut down Diamondback Capital, sees a chance to make money in certain financial stocks this year.

SS&C GlobeOp Forward Redemption Indicator

The SS&C GlobeOp Forward Redemption Indicator for January 2014 measured 2.67%, down from 5.90% in December

Deutsche Asset & Wealth Management adds three new ETF's

The db X-trackers platform will now feature 11 currency-hedged equity ETFs

Gemini Announces Launch of Centralized Managed Account Platform for Alternative Investments

Gemini Fund Services, LLC, an engaged partner to independent advisors as a provider of comprehensive, pooled investment solutions, continues to broaden its array of services available to alternative fund managers.

BTG Said to End Pursuit of JPMorgan Commodities Business

BTG plans to keep growing the business on its own to offer hedging

Robust ETP flows in December Mark Strong 2013 with equity ETPs reaching all-time record - BlackRock

Global ETP flows accelerated in December to $24.7bn, following the Fed's decision to begin trimming its $85bn monthly bond-buying program.

BlackRock Global Survey of Institutional Investors

Major institutional investors around the world are poised to increase their allocations to alternative investments, with a bias towards real estate and real assets, during 2014

China's CITIC backs new fund set up by ex-FX Concepts execs

It is not clear what type of fund Savage and DiRusso would manage

Citi's Ex-Hedge Fund Chief Loses $1 Million in Deep-Sea Treasure Hunt

The deal started with a treasure map, supposedly bought from a drifter at a saloon in Key West for $500.

Morningstar Names the Morgan Stanley Investment Management Growth Team as US Domestic-Stock Fund Manager of the Year

Morningstar today named Dennis Lynch and the Morgan Stanley Investment Management Growth Team as the 2013 U.S. Domestic-Stock Fund Manager of the Year.

BlackRock Profit Increases 22% as Assets Rise on Market

The shares gained 44 percent in the past 12 months through yesterday, including reinvested dividends, compared with the 39 percent increase in the 20-member Standard & Poor’s index of asset managers and custody banks.

Double Digit Increases Revealed by 2014 Hedge Fund Compensation Report

The 2014 Hedge Fund Compensation Report revealed that hedge fund players received increases in both base salary and year-end bonuses.

Hedge fund side pocket secondary market volumes top $1.6bn in 2013

The average size of these transactions in 2013 was $28m, and that deal size is also expected to continue.

TriState Capital to Buy Chartwell Investment Partners

TriState Capital Holdings, Inc. entered into a definitive asset- purchase agreement to acquire Chartwell Investment Partners, L.P., an investment management firm with over 150 institutional clients and approximately $7.5 billion in assets under management

Alternative Investments