Managers of Wealth Americas

RBC launches absolute return fixed income offering for U.S. HNW's

The fund is available to institutional and high-net-worth investors across the United States.

Los Angeles-based alternative investment firm expands Citi mandate

Kayne Anderson is a Los Angeles-based alternative investment firm focusing in the energy, infrastructure, growth capital, real estate and middle market credit sectors.

Wells Fargo Rebrands Merlin Securities

"Wells Fargo Prime Services fills an important niche in our product set," said John Shrewsberry, head of Wells Fargo Securities. "

AMP Capital expands investment team

He has 12 years’ industry experience in US and European markets and joins AMP Capital from WestLB

Kleinhenz Capital and Corriente Advisors to shut down

Hedge funds Kleinheinz Capital Partners Inc., and Corriente Advisors have respectively sent letters to their investors to inform them of their decision to close shop and return their money, media reports indicated.

Societe Generale’s Lyxor Said to Seek Fund Withdrawal From SAC

Lyxor’s investments with SAC are very limited

ABN AMRO Clearing Implements NASDAQ OMX's SMARTS Broker

ABN AMRO Clearing will utilize the automated trade monitoring solution to facilitate quick identification

Bullion and Proof American Eagle Gold Coins Soar

Demand stepped up several levels for American bullion and collector proof gold coins, the latest sales figures from the United States Mint show.

BlackRock Announces Amalgamation of BlackRock Asset Management Canada Limited and BlackRock Investments Canada Inc.

The amalgamated corporation will continue to be known as "BlackRock Asset Management Canada Limited" and will be the trustee and manager of the entire Canadian family of iShares exchange-traded and closed-end funds.

Lehman sells apartment-owner Archstone for US$6.5 billion

“The sale of Archstone to Equity Residential and AvalonBay is a very positive outcome for our creditors,” said Lehman's Chairman Owen Thomas.

BNY Mellon Appointed as Successor Depositary by KB Financial Group, Inc.

"We look forward to working closely with KB Financial on efforts to advance the growth of their DR program by expanding outreach to the global investment community."

CarVal Investors Selects Northern Trust for Fund Services

CarVal Investors is a leading global alternative investment fund manager focused on distressed and credit-intensive assets and market inefficiencies.

Remy Profit Increases on Premium Cognac Sales in China, U.S.

The company sees “more moderate” growth in the second half yet aims to “substantially” increase its full-year earnings amid an uncertain economic environment.

Knight Capital Was Saved, Why Is It Up For Sale?

The trading firm suffered a massive trading error in early August costing it $400 million

Brookfield Asset Management Q3 net income up

"Our strategy of investing in high quality assets that compound in value over time, positions Brookfield to continue to deliver strong cash flow growth through periods of economic uncertainty."

Lyxor awarded 7 times as "Best Managed Account Platform" by the industry in 2012

This unprecedented achievement confirms Lyxor’s leading position in managed account investing since 1998.

Brookfield Asset Management Q3 net income up

Bruce Flatt, CEO of Brookfield, said: "Acquisitions made in the last three years are beginning to generate significant cash flows.

Citi Takes Eight FX Week Best Bank Awards

“The eight awards leave little doubt of Citi’s continuing strength in foreign exchange, and its capacity for product innovation and trading expertise in challenging markets.”

Northern Trust partners with MSCI ESG Indices for institutional investors

Northern Trust clients looking to integrate ESG factors in their investment portfolios can

Former Jefferies exec sets up specialist advisory firm

A number of financial services execs have tried their hands at boutique advisory firms in the recent past, with mixed results.

Alternative Investments