Managers of Wealth Americas

John Hancock Investment Management Launches New High Yield ETF Subadvised by Marathon Asset Management

US$ unless otherwise stated

Altruist lifts valuation to $1.5 billion on $169 million fund raise

The new round brings the company’s total funding to over $450M and values the company north of $1.5B.

UMB Financial Corporation acquires Heartland Financial in $2bn deal

The firms expect the deal to be finalised in the first quarter of 2025 subject to customary closing conditions, including regulatory approvals and approval by HTLF and UMB shareholders.

Wells Fargo investors approve executive pay, CEO underscores risk controls

Regulators mandated additional oversight and imposed a $1.95 trillion asset cap that prevents the San Francisco-based bank from growing until it has fixed the problems.

Nasdaq, S&P 500 fall as investors take cover before Fed decision

While they're probably not going to explicitly talk about the possibility of rate hikes

BlackRock's Fink on opportunities and the firm's social impact amid 'global fracture'

The panel turned to social impact, with Fink outlining investments in the “emerging south” and other strategies such as decarbonization

Empowering women investors through venture capital

Her brand is especially associated with investing in women’s health, having launched “the first ever” venture capital fund focused on this area in 2018.

Diversify Advisor Network Launches Retirement Plan Advisory Services

Latest value-add service reinforces the benefits of Diversify's scale and commitment to providing full advisor support, empowering advisors to focus on clients and grow their business

BlackRock Activates Retirement Solution Offering A Paycheck For Life

LifePath Paycheck can help alleviate that concern for half a million people with more to follow

Wealth Enhancement Group Announces the Addition of Lynch Retirement Investment Group, a Hybrid RIA with Over $502 Million in Client Assets

This partnership marks Wealth Enhancement Group's fourth office in Maryland, bringing the firm's total client assets to more than $81.9 billion.

Future Proof Announces Biggest Event Concept Yet – Future Proof Citywide, Taking Over Miami Beach in March 2025

The groundbreaking outdoor event will serve as a catalyst for building and convening the modern investment management ecosystem

Franklin Templeton Announces Availability of Peer-to-Peer Transfers for Franklin OnChain U.S. Government Money Fund

The first U.S.-registered mutual fund to process transactions and record share ownership on a public blockchain introduces new features

PE firm GTCR to buy wealth management platform AssetMark for $2.7 bln

The acquisition, announced on Thursday

Citi’s Fraser Wary of Insurance Giants’ Role in Private Credit

She noted many players in the space are using insurance vehicles and the long-term capital they provide to invest in private debt.

Veteran fund manager who predicted stocks' drop updates outlook

Investor mania over the growth of artificial intelligence also has boosted stocks this year

Cathie Wood’s ARK funds are leaking billions of dollars

Chubb Reports First Quarter Per Share Net Income

Book value was unfavorably impacted by after-tax net realized and unrealized losses of $622 million in the company's investment portfolio, principally due to the mark-to-market impact in the fixed-income portfolio.

Gen II Expands Presence in the Southeastern United States with New Florida Office

Global fund administrator grows footprint with latest office opening

Workaholic ex-Apollo boss is doing some heavy hiring for his new platform

At least six more junior investment professionals have also joined 26North in the past few months, including from banks like Morgan Stanley.

Global energy transition will require $4 trillion annually by next decade, BlackRock says

Funds will require policy support and partnerships between governments and the private sector.

Alternative Investments