Managers of Wealth Americas

Nuveen and iCapital Network® Expand Access to Alternative Investment Funds

Custom technology and distribution agreement will simplify access to select Nuveen alternative investing products for accredited investors

SS&C Moves Forward on Acquisition of Mainstream Group

The purchase will be subject to customary conditions, including approval by Mainstream shareholders, the relevant Australian court and certain regulatory approvals, and is expected to close in the third quarter of 2021.

London-based wealthtech Bite Investments bags funding for its alternative investment platform

“It is a testimony to how the financial industry and investor community are gravitating toward alternative investment opportunities, as well as digitalisation and its transformative value.”

CI Global Asset Management and Empire Life Introduce CI Empire Life Concentric GIF, a New Suite of Segregated Funds

The segregated fund structure simplifies estate planning with the potential to preserve capital and bypass any associated probate fees.

Citizens Financial Group, Inc. Reports First Quarter 2021 Net Income of $611 million and EPS of $1.37

While we increasingly see positive signs that the economy is improving rapidly and that life is returning to normal, we remain focused on continuing to assist those companies and individuals most impacted by the pandemic and lockdowns.

BNY Mellon Selected by Charles Schwab Investment Management to Provide Transfer Agency Services

BNY Mellon is able to tap-into its vast industry expertise and a global footprint that services both asset managers and their intermediaries.

DPG Investments to Close $1 Billion+ in Private Capital

The DPG senior management team has been through multiple cycles and understands the importance of maintaining a long-term view.

Truist Reports First Quarter 2021 Results

Earnings of $1.3 billion, or $0.98 per diluted share

Scotiabank targets $10 Billion commitment in support of affordable housing in Canada

As Canada's authority on housing, CMHC is delivering the National Housing Strategy – a $70+ billion, 10-year federal investment in housing with additional funding committed by the provinces and territories.

Nexus Strategy Celebrates 15 Years Serving the Independent Wealth Management Industry

Leading wealth management consulting firm founded by industry veteran, Timothy D. Welsh, continues growth trajectory and dedication to working with organizations supporting independent financial advisor success

Apollo Announces Extension of the Tender Offer for Shares of The Michaels Companies

The Purchaser expects the tender offer will be consummated promptly following the expiration of the offering period

Zurich seals $3.94bn deal to buy MetLife's US property and casualty arm

"We expect the new business to contribute to growth beginning this quarter and start building on the leading positions that Zurich and the Farmers Exchanges have separately developed in the attractive US market."

Stone Asset Management expands presence on NEO Exchange

Firm unveils two additional investment fund offerings for IIROC and MFDA communities

Canada M&A sets record for quarter on cross-border deals, easy money

Companies raised C$19 billion ($15.2 billion) through share sales in the first three months of the year, the highest since the fourth quarter of 2010.

Bank of America Firing on All Cylinders Ahead of Earnings

The banking giant is well-positioned for additional gains following next week’s Q1 2021 earnings release.

Sterling National Bank Signs Agreement with Rho Technologies

Banking as a Service collaboration to power innovative banking products and services to growing companies

Markets rebound boosts US state pension plans

Strong rally in equities drives improvement in funding position of retirement schemes

Dollar keeps Citi, Morgan Stanley wary of emerging markets

Flows to equity funds fell to less than a third of the levels seen in February and bond funds ended the first quarter with more outflows, according to data compiled by EPFR Global.

Capco's Dee McDougal on diversity, equity & inclusion

According to McDougal, 2020 saw many important conversations on systemic racism and inequality finally come to the fore.

West Monroe's Tom Hulsebosch on the future of consulting work

West Monroe, however, has charged ahead with its plans to build a workspace for the future.

Alternative Investments