Managers of Wealth Americas

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.

State Street reports drop in 2nd quarter prodit

Total operating-basis revenue increased by $23 million, or 1%, compared to the first quarter, driven by the seasonal increase in securities finance as well as growth in the core business, offset partially by weakness in international markets.

State Street to Acquire Goldman Sachs Administration Services

The acquisition will strengthen State Street's global leadership in hedge fund administration and will establish the company as the No. 1 hedge fund administrator globally based on industry survey data

U.S. insurer plans skyscraper in London's financial heartland

While many investment banks have moved to the Canary Wharf district in recent years, attracted by large trading floors and cheaper rents, insurers have been the only bright spot in an otherwise moribund lettings market in London's traditional financi

Third Eye Capital - Best Credit Fund Manager

The firm originates and manages privately negotiated secured loans to predominantly Canadian small- to mid-cap companies that are unable to access credit from conventional sources.

Alternative Investments