Managers of Wealth Americas

Former Galleon Manager to Start Technology Hedge Fund for Fortress

The new fund will invest as much as 50 percent of its assets in U.S. companies, with the rest allocated to Europe, China, Taiwan, Korea and Japan

Hedge funds hammered in one of worst years on record

Hedge funds have suffered their second worst year on record as volatile markets, plunging commodities and political uncertainty torpedoed the investment plans of even the $2 trillion (£1.28 trillion) sector's biggest stars.

Hedge Fund Chief Falcone Rejects an Offer to Settle by SEC

Prominent hedge-fund manager Philip Falcone has rejected a Securities and Exchange Commission settlement offer that would have banned him from the securities industry and essentially ended his career, people familiar with the matter said.

Layoffs hit Soros investment company

Still, the fund continues to rank as one of the world's biggest and most powerful investors with some $25 billion in assets and some 300 employees putting that money to work.

U.S. securities regulator closes Fairfax probe

The sources, who didn't want to be identified because the SEC hasn't made the letters public, said the termination letters were sent out a little over a month ago.

US investment mgmt firm expands offerings in three fixed-income strategies

Broader Mutual Fund Suite Offers Institutional Fixed-Income Capabilities to Individual Investors

Aberdeen Israel Fund shutters sub-adviser

Aberdeen's investment philosophy with respect to equity investing is based on the belief that strong long term returns are achieved by identifying and buying good quality stocks at reasonable valuations and holding them for the long term.

State Street Global Advisors unveils two new ETFs

The addition of these two exchange traded funds (ETFs) strengthens State Street’s family of fixed income ETFs, which now includes 26 SPDR ETFs that provide precise access to a wide range of fixed income investments.

Is Crony Capitalism Wrong?

He is also current Chair of the Asset Managers' Committee of the President's Working Group on Capital Markets

William Blair launches new total return fund

The portfolio managers of the Macro Allocation Fund are Brian D. Singer, Edwin Denson, and Thomas Clarke. Messrs. Singer, Denson, and Clarke are members of William Blair's Dynamic Allocation Strategies Team, a group that has worked together for more

Funds move away from star managers, favor teams

The move helps fund companies defend against poaching, protect their funds' returns, and shield themselves from the level of outflows seen at competing firms after their high-profile stars have flamed out.

Goldman raises $600m to invest in start-up hedge funds - WSJ

Each hedge fund can expect to receive between $75 million and $150 million from Goldman's fund, which is expected to raise about $1 billion in total, the WSJ said.

Volatility and evolving investor needs drive continued growth of regulated alternative funds

The growth of assets in alternative registered funds continues at a steady pace; by the end of September 2011, the U.S. had roughly 760 alternative mutual funds and ETFs, 150 of which had been launched year-to-date in 2011.

Goldman raises $600 mn to invest in start-up hedge funds

Goldman raises $600 mn to invest in start-up hedge fundsinvest

Hedge fund manager agrees to cover losses for non-profit investor -NYT

Both Paulson and Co and 92nd Street Y could not immediately be reached for comment by Reuters outside regular U.S. business hours.

Capital One to Exit $150 Million in Funds

The rule would bar banks from owning more than 3 percent of hedge funds and private-equity funds and investing more than 3 percent of Tier 1 capital in such funds.

How Paulson gave hedge funds advance word of Fannie Mae rescue

Now, amid tumbling home prices and near-record foreclosures, attention was focused on a new source of contagion: Fannie Mae and Freddie Mac, which together had more than $5 trillion in mortgage-backed securities and other debt outstanding.

Debt crisis drives biggest ever investment in gold

A survey from the news provider found that 18 of the 26 gold traders it questioned expected bullion prices to rise next week.

Gold and Currency Wars as Russia Adds 19.5 Tonnes to Reserves in October Alone

Gold’s London AM fix this morning was USD 1,676.00, GBP 1,084.02, and EUR 1,263.86 per ounce.

Short gold ETFs boosted by precious metals weakness

Short gold ETFs include PowerShares DB Gold Double Short ETN (NYSEArca: DZZ), ProShares Ultrashort Gold ETF (NYSEArca: GLL) and PowerShares DB Gold Short ETN

Alternative Investments