Managers of Wealth Americas

ABN AMRO to shut grain desk on CBOT trading floor

A veteran trader from a prominent brokerage in Chicago said about 1,000 floor traders, phone clerks and runners worked there about two decades ago. Now, there are about 250.

Don’t Blame Hedge Funds for Financial Crisis, Study Says

The study supports what industry insiders have been saying for years: that hedge funds have been unfairly blamed for the worst financial meltdown in decades.

Orinda Asset Management Launches Multi-Manager Macro Opportunities Mutual Fund

To assist in manager selection, portfolio construction and risk management, Orinda Asset Management has again selected SkyView Investment Advisors LLC, an experienced, institutional multi-manager hedge fund advisory firm, to act as the lead sub-advisor to

Ex-MF Global Equity Derivatives Head Bystrom to Start Hedge Fund

Hawksfield Capital will start with $10 million to $20 million of Bystrom and Boyarsky’s own money, as well as capital from friends and family, Bystrom said in a telephone interview.

Franklin Templeton to acquire hedge funds specialist

Strategic Relationship Bolsters Company’s Alternatives and Solutions Platform

Veritas Capital chairman's death ruled a suicide

"We are all deeply saddened by this tragic loss and have his family in our thoughts."

Hedge fund assets available for prime custody jump 40% in two years - RESEARCH

BNY Mellon has reported that hedge fund assets available for prime custody services now stand at an estimated $684 billion, a 40% increase since 2010.

Morgan Stanley to Take Over Smith Barney, With Citigroup’s Blessing

“a significant milestone for Morgan Stanley in the implementation of our strategy.”

SS&C GlobeOp Capital Movement Index: September net flows advance 1.07%

Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 1.07% in September.

iShares Firing Back With Planned ETF Fee Cut

These cuts will occur in the fourth-quarter as an atempt to address lost market share.

Wells Fargo re-brands LaCrosse hedge fund administration business

The newly-named firm will continue to provide a complete service offering to the hedge fund administration market utilizing a robust platform and technology that provides traditional fund administration services, operational support, derivatives processin

Citi's Banamex Expands Custodian Services to Penison Fund Management Companies in Mexico

Vetters earned a Bachelor's degree in Geology from Tulane University.

BMO Global Asset Management’s Brand Extended To The Business Lines Of M&I Institutional Trust Services

“Rebranding these lines of businesses was the next step in our successful integration efforts and reflects the importance they play in our overall business strategy”

Citigroup launches commodity trade finance business

Citigroup has hired Kris Van Broekhoven from Deutsche Bank to lead the new unit, part of its transaction services business, a spokesman said on Thursday.

Blackstone to Acquire GCA Services Group

The transaction is expected to close in October subject to certain government approvals and other customary closing conditions. Credit Suisse and Morgan Stanley acted as M&A advisors to Blackstone and are providing financing for the transaction.

ExpertPlan inks alliance with Redhawk Wealth Advisors

"We are extremely proud to have been selected by Redhawk Wealth Advisors to provide them with the retirement plan tools, resources and support to help them capitalize on increasing their retirement business," noted Ross Brown, Senior Vice Presid

SunGard identifies ten asset management trends affecting the fund management industry

Doug Morgan, president of SunGard’s institutional asset management business discuss the top trends affecting the fund management industry in 2012

RBC Global Asset Management announces August fund sales results

Sales results information is based on preliminary data from the Investment Funds Institute of Canada (IFIC).

BlackRock set for US trust float despite tough market for IPOs

The fund manager, which runs $3.35trn (£2.11trn) for clients globally, will seek a premium listing on the London Stock Exchange when the trust has its IPO in October.

Virtus Adds $1.4B Manager To Its Booming Fund Family

Virtus, a $40 billion in asset multi-manager mutual fund company, spun out of Phoenix Companies in 2008 with the help of its CEO George Aylward.

Alternative Investments