Managers of Wealth Americas

AIG Profit Climbs 27% to $2.33 Billion on Investments

Net income rose to $2.33 billion, or $1.33 a share, from $1.84 billion, or $1, a year earlier, the New York-based insurer said today in a statement.

Calamos Asset Management, Inc. Reports Second Quarter 2012 Results and Increases Dividend By 16 Percent

Calamos Asset Management, Inc. CLMS +0.84% , a diversified global investment firm offering equity, fixed income, convertible and alternative strategies, today reported second quarter 2012 results.

Hedge fund manager Bacon to give back $2 billion

Mr. Bacon, who seeks to exploit macroeconomic trends such as changes in interest rates and currencies, returned a “disappointing” 0.35% in the first half and a “tolerable” 6% in the past year, according to letter sent Wednesday to

Move to regulate hedge funds in SA

The move to regulate hedge funds — previously unregulated and known for high risks and fees yet often surprisingly low returns — forms part of the Treasury’s overall drive to a "twin peaks" regulatory model for South Africa wit

Citi mandated by Kimmeridge for fund administration ‎

Citi will support the fund implementation and set-up, along with providing fund administration, accounting, U.S. tax compliance and cash services.

IBERIABANK Corporation Announces the Completion of Acquisitions of Florida Gulf Bancorp, Inc. and Florida Gulf Bank

The acquisition, including the merger of the subsidiary bank with and into IBKC's subsidiary, IBERIABANK, was completed after the close of business on July 31, 2012.

Hedge Funds Getting Burned in Offshore Insurance

So far, the venture is down sharply, as Paulson suffers from losses in many of his largest funds, adding to a forgettable 2011.

Deutsche Bank Tops in U.S. Fixed Income Market Share, Says Greenwich

The report, which is based on interviews with more than 1,000 institutions “active in U.S. fixed income,” reports that the German bank has an overall market share of 12.2% in U.S. fixed income, ahead of Goldman Sachs with 11.2% in second place

Aviva set to sell US division at £800m loss

The arm is now valued at £1bn.

US Mint to Release Three More Coin Products with Silver Eagles

They will be the collector uncirculated Silver Eagle, the Making American History Coin & Currency Set, and the Annual Uncirculated Dollar Coin Set.

T. Rowe Second-Quarter Net Rises 0.9%

T. Rowe Price Group Inc., the asset manager that has posted a profit every quarter since going public in 1986, said second-quarter profit rose 0.9 percent, missing analysts’ estimates as slumping global stock markets eroded assets.

5 Dividend Kings Hedge Funds Love

Professional investors such as hedge fund managers are paid handsomely and are expected to find ways to turn average returns into monsters.

Top European hedge fund launches U.S. investment firm

Total assets under management grew to $36.7 billion on 30 June, up from $34.2 billion on 30 December.

4 reasons the hedge fund industry is dead

There are four structural reasons why the industry as we know it is dead.

BlackRock beats estimates amid tough market

In tough market conditions, BlackRock, the biggest of all asset managers, has managed to fare well.

Traxis Hedge Fund ‘Fully Functional’ After Biggs’ Death

Biggs, who was 79 and a former global investment strategist at Morgan Stanley, died on July 14.

Genworth Wealth expands investment platform

Introduces Eight More Solutions to Meet Growing Demand for Income and Risk Management

Securities Industry Veterans Launch Asset Management Venture

Kenneth Applegate returns to U.S. to anchor Pacific View Asset Management

AIMA supports removal of ban on general solicitation and advertising by US hedge fund managers

In its response to the US Securities and Exchange Commission (SEC) ahead of the SEC’s implementation of the JOBS (Jumpstart Our Business Startups) Act, AIMA said it supported the legislation’s purpose of improving access to capital and enhanci

The Dow Jones Credit Suisse Hedge Fund Index Finished Down 0.40% in June

Performance for the Broad Index and its 10 sub-strategies is calculated monthly. June, May and YTD 2012 performance numbers are listed below and are available at www.hedgeindex.com.

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