Managers of Wealth Americas

PMorgan Sees Possible $300 Billion Rebalancing Flow From Stocks

We see some vulnerability in equity markets in the near term from balanced mutual funds

KKR Grows Real Estate Industrial Porfolio With Four New Acquisitions In Atlanta

Acquires 1.6 million SF from Four Separate Sellers to Expand KKR’s Industrial Footprint in Atlanta

Brown Advisory to launch US value UCITS fund

Will launch on Monday 30 November

Future of Alternatives 2025: Why a Symbiosis between Fund Manager and Administrator Will Be Key

By Nikolaos Perros, Citco Fund Services (USA) Inc. & Kenneth Leong, Axiom Asia Private Capital

AQR to Liquidate Some Funds After ‘Persistent Outflows’

The well-known alternatives firm is shutting down some mutual funds and merging others.

Jadian Capital’s inaugural fund closes at over USD650m

The firm’s strategy focuses primarily on non-core sectors with characteristics likely to lead to long-term fundamental outperformance.

Median Total Master Trust Return Continues Positive Streak in Q3 2020

Strong equity markets continue to drive positive performance for all plan types during the quarter

First Republic Lands $8.7 Million Merrill Private Wealth Team

First Republic Bank has beefed up its advisor force with the hire of another team of large producers from Merrill Lynch.

KKR Invests in Argenta to Accelerate Future Growth

Argenta has grown significantly with the support of the Tomlinson Group

Brookfield Asset Management Announces Pricing of US$200 Million Note Offering

Wells Fargo Securities, LLC, BofA Securities, Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC and RBC Capital Markets, LLC are acting as joint book-running managers for the offering.

Rosplock Recognized as One of the World's Top 100 Most Influential People to Family Enterprises

A family office specialist, Rosplock is well-known and respected in the family enterprise sector when it comes to quality advice.

Nexus Closes on Fund III at $1.25 Billion

We are extremely appreciative of the support we have received from both our existing and new partners

IQ-EQ supports Claret Capital Partners in successful spin-out

IQ-EQ, led by funds director Roxane Combe, has supported Claret’s new structure with full suite of fund services, including fund administration, depositary, GP and corporate services, appointed representative, AIFM and MiFID investment management.

Spain's BBVA to sell US banking arm to PNC for US$11.6 billion

Shares in BBVA jumped almost 16% to €3.6830, while shares in Spain's Sabadell rose 12.7% to €0.3791 as the market bet that BBVA could use part the proceeds from the sale to buy its smaller Spanish rival, which has a current market capitalis

First Western Financial, Inc. Announces Completion of Sale of Los Angeles-Based Fixed Income Team

The sale is not expected to have an impact on First Western's bank clients, but will reduce the Company’s assets under management by approximately $300 million.

Here is why hedge funds bet against confirmed M-A deals.

Although it has declined since the peak of the pandemic, at 20% it is still significantly higher than at the beginning of 2020.

Canadian Investment Firm Nabs $2.7B RIA

New York-based Roosevelt Investment Group is CI Financial’s 12th RIA transaction this year and the third in two weeks.

R.J. O'Brien Selects Broadridge to Transform its Exchange-Traded Derivatives Operations Globally

The new platform will reduce the complexity and cost of running two separate back-office systems, without the need to maintain the technology and hardware.

Manulife beats estimates on Asia, asset management earnings growth

Net income attributed to shareholders rose to C$2.1 billion from C$723 million a year earlier as the company posted gains from investment-related experience versus losses in the prior period.

Hedge Fund Managers Face ‘Survival of the Fittest’ Test in 2020

Hedge Fund Research Inc.’s index looks worse, showing a drop of more than 4%.

Alternative Investments