Managers of Wealth Americas

Guggenheim in lead for $1 billion Sun Life unit

Guggenheim Partners has outbid at least two other parties

Global fund industry rebounds, total assets now $120 trln

"The fund management industry has recovered quickly from the sharp fall in assets under management at the outset of the credit crisis, with most of the recovery coming from market performance rather than new inflows."

Blackstone Says Wealth Funds Among Possible Office Buyers

We think the pace of realizations for us will pick up in 2013 and 2014

Northern Trust Expands Frontier Markets Investment Offering

Index Strategy Designed for Endowments and Foundations

Investors moved back into hedge funds in October - SS&C RESEARCH

Investors put more cash into hedge funds than they withdrew over the past month, attracted back into the sector by one of the few recent months in which managers outperformed stocks, new data showed on Monday.

Carlyle Swings to Profit as Its Asset Values Rise

"Our purpose is to invest wisely and create value for our fund investors, which in turn benefits our public investors, and we worked hard at each this quarter."

Hedge fund compensation rises on record industry assets

Trends in 2012 include a cautious hiring environment

Wells Fargo Seeks Fund Of Hedge Funds

The bank's asset management arm is in the market for a fund of funds firm with between $5 billion and $12 billion in assets under management

Titanium Asset shrinks Q3 loss; managed assets up

Titanium Asset Management Corp , a multiproduct asset management company

Stone Harbor launches emerging markets fund

Second Closed-End Fund Raises $240 million

Berkshire Hathaway buys Prudential, Real Living real estate franchise network, starts new firm

"I am confident that these partners will deliver value to the residential real estate industry, and I am pleased to have Berkshire Hathaway be a part of the new brand," Buffett said in a statement.

Waddell & Reed plans to sell Legend network, takes charge

Waddell & Reed Financial Inc. suffered a 78.6 percent decline in third-quarter

Evercore Announces Cross Border Partnership With VTB Capital

This alliance is another step in the globalization of our firm

Tiger 21 Millionaires Scale Back on Hedge Funds

Ultra wealthy millionaires are reducing their exposure to hedge funds

Why the S&P Is Thrashing Hedge Funds

It's unusual for the funds to lag so far behind. Recent experience confirms that investing talent is a rare commodity.

BNP Paribas makes major expansion in US fund services

Expanding its local custody network is at the core of the bank's strategy to support its clients' investment activities in the world's largest financial centres.

Blackstone targets stakes in hedge fund managers

Blackstone Group LP is preparing to launch a multibillion-dollar fund

Janus Capital third-quarter profit falls 8 percent

Janus Capital Group has reported third quarter net income of $25.1 million, or $0.14 per diluted share, compared with second quarter 2012 net income of $23.4 million, or $0.13 per diluted share and net income of $27.4 million, or $0.15 per diluted share,

Lazard's Profit Fell 33% in 3rd Quarter

"We are focused on revenue growth, cost discipline and effective use of capital to build shareholder value," said Mr. Jacobs.

Credit Suisse looks to run U.S. exchange

The plan, which has not been made public, is taking shape amid heightened tensions between exchanges and brokers, which compete with each other for trades. Brokers also are big customers of exchanges.

Alternative Investments