Managers of Wealth Americas

Canada Life Re reports record earnings for 2023

Capital and Risk Solutions’ net earnings for Q4 2023 were $215 million, compared to the $3 million reported in the same period last year.

Curio Wealth Advisors Launches Financial Advisory Firm

Wealth Management Company Announces Exciting New Launch

LPL to acquire Atria Wealth Solutions for $805M plus earn-outs

LPL is planning for expenses between $1.105 billion and $1.385 billion and additional earnings of $140 million per year from the deal.

AIG net income drops

The General Insurance combined ratio improved 130 basis points from the prior year to 90.6 per cent.

Hedge fund Jain Global has now amassed 80 employees

Hiring in Europe is being manged by Cameron McKendrick

Lazard Reports January 2024 Assets Under Management

The month’s AUM included foreign exchange depreciation of $2.3 billion

Picton Mahoney Asset Management Announces Monthly Distribution for Picton Mahoney Fortified Income Alternative Fund Exchange Traded Fund Units

Unitholders of record of the ETF Units, at the close of business on February 22, 2024, will receive a per-unit cash distribution payable on February 29, 2024.

Carlyle, KKR Raise the Stakes for Rainmakers to Deliver Returns

The firms will transfer a piece of employees’ fee income from managing assets to shareholders who prize predictable profits.

Vantage Group starts offering US primary casualty insurance

Denise Watkins, head of casualty, said: "We're committing further to our speed of response with this new offering, enabled through Vantage's industry-leading underwriting platform and data-empowered decision making.

2024: A Pivotal Juncture for US Managers

Jersey Finance sees several trends continuing evolving over the next 12 months.

Institutional investors may adopt severe steps after Columbia Banking System, Inc.'s latest 3.4% drop adds to a year losses

Often called “market movers", institutions wield significant power in influencing the price dynamics of any stock.

Morgan Stanley Heats Up Race to Mimic Vanguard’s Tax-Busting Funds

The firm is the latest to seek to replicate a fund structure employed solely by Vanguard Group that gave the Jack Bogle-founded juggernaut a tax-minimizing edge over the industry for two decades.

Now Is the Time to Rethink Portfolios

For individual investors, adding private investments to portfolios can be a game-changer.

Partners Capital Investment Group Announces Minority Investment from General Atlantic

For over 20 years, the Partners Capital team has developed state of the art portfolio construction based on proprietary intellectual property and established a deep set of asset manager partnerships.

‘Greatest real estate crisis since the financial crisis’: German bank alerts the market on exposure to commercial real estate

Lenders are taking increasing provisions on debt extended to property owners and developers as loans begin to sour after rising interest rates eroded the value of buildings around the world.

Alternative Investments