Managers of Wealth Americas

Why Are Hedge Funds Allowed to Invest in Litigation?

Unfortunately, that glorified image of the U.S. justice system is at odds with today's reality.

AMG completes investment in Yacktman

As part of the transaction, all of Yacktman’s senior professionals have agreed to long-term commitments with the firm. In addition, Yacktman’s two mutual funds have become part of the Managers family of funds. The terms of the transaction were

Study reveals hedge funds are not such bad guys on the herding front

Sias comments on the study, that hedge funds are widely viewed as the bad guys, trading excessively, herding to the latest fad, and crowding into the same trades, behaviour which leads to excess volatility and driving prices from fundamental value.

Natixis Global Asset Management Launches Vaughan Nelson Select Fund

The Vaughan Nelson Select Fund invests in undervalued companies across the market capitalization spectrum. Lead portfolio manager for the Fund is Scott J. Weber, CFA, along with co-managers Chris D. Wallis, CFA, and Dennis Alff, CFA. Weber and Wallis co-

Lehman Brothers offloads subsidiary

Shortly after Lehman filed for bankruptcy in 2008, Aurora and Lehman's other multi-billion dollar subsidiary bank, Woodlands Commercial Bank ("Woodlands"), were at risk of being seized and placed into receivership by the FDIC.

Hedge Fund Jobs Act May Be Postponed

Comments submitted to the SEC have suggested that new rules should raise the threshold for accredited investor qualifications, require copies of advertising to be filed with the SEC, or prohibit performance claims in advertising materials

Stark Investments closing key hedge funds

Stark stated in the letter that it will concentrate on managing single-strategy hedge funds.

Sotheby’s International to Enter China Property Market

Sotheby’s International Realty Affiliates LLC, a unit of Realogy Corp., plans to start business in China’s luxury property market by the first half of next year to tap the country’s growing wealth.

Hedge Fund Exits From Trades That Made Waves for J.P. Morgan's 'Whale' - Sources

The complex trade that saddled J.P. Morgan's "London whale" with at least $2 billion in losses had three key components, according to people familiar with the strategy, but the bank earlier this month reduced a substantial chunk of that exp

Charles Stanley announces exclusive partnership

The integration will offer an engaging and valued web experience allowing Charles Stanley Direct clients to view their wider financial affairs in one place: putting the client in control and allowing them access to further products and services from Charl

KeyBank on track to acquire HSBC Branches

This transaction strengthens Key's ability to grow its presence, acquire customers and provide exceptional service to consumer, business banking and wealth management clients in these markets.

Hedge Funds Using Cryptic Names with the SEC

You’re probably scratching your head and saying, “What?” but let’s explain.

Ex-King Street Head Trader Said to Plan Fund

The New York-based firm will begin trading in mid-October

Money managers are moving beyond their regional specialties

Emerging markets specialist managers' ships are finally coming in after years — even decades — of growing these businesses.

Hedge Funds Hurt in May Commodity Rout

Galena Asset Management Ltd.’s metals fund dropped 2.6 percent in May, according to the company, and Brevan Howard Commodities Strategies Master Fund Ltd. fell 2 percent, according to a monthly report to investors obtained by Bloomberg.

NYSE Euronext Answers London Calling With Rival Exchange

Groupe Eurotunnel will be the first company to start trading on the NYSE Euronext London, from 19th July.

Reliance Trust Exceeds $100 Billion in AUM

Reliance Trust has announced that as of May 31, 2012, it has exceeded $100 billion in client assets under management and administration.

State Street Introduces 2 New Bond ETFs

The SPDR BofA Merrill Lynch Emerging Markets Corporate Bond ETF seeks to track the performance of the BofA Merrill Lynch Emerging Markets Large Cap Senior Corporate Index

Sorrell appointed finance director at Man Group

He takes over Kevin Hayes, who joined Man in 2007 and is leaving the company to pursue other professional and personal interests, the company said.

CD&R among bidders for SocGen's TCW

The sources said that TCW, which oversees about $128 billion in assets, including the TCW and MetWest fund families, could fetch about $700 million.

Alternative Investments