Managers of Wealth Americas

Firms strive to bulk up options for investment

The survey data is based on responses by the 100 largest HSA providers.

Prudential prepares historic split for US business

The move could see the insurer list its American arm on a US stock exchange

Will coronavirus stock selloff end bull market’s 11 year run?

‘Fragile’ bull market marks another milestone on Monday

Bahrain’s Investcorp acquires two US properties for $164m

Its global multifamily property portfolio is currently valued at approximately $2.3bn

The Temptations Of Private Equity

Stumbling unicorns haven’t shaken the wealthy’s faith in private equity, but are its best years behind it?

DBS announces free coronavirus cover in Hong Kong

It also offers worldwide coverage for policyholders who need to travel during this period.

Citizens Financial Group Completes Previously Announced Acquisition of Trinity Capital

Trinity will become part of Citizens Capital Markets, Inc., further accelerating the buildout of Citizens’ financial advisory capabilities.

Elliott Management Calls on Twitter to Remove Jack Dorsey as CEO

The activist investor has taken an undisclosed stake in the company and is pressing for change.

Vanguard makes changes to Managed Payout Fund

Vanguard Quantitative Equity Group the firm’s internal active fund advisory arm, will continue to manage the fund.

Bitcoin CME premiums drop as institutional investors close out

Even post the Bitcoin block halving, which is slated to mark a price incline, owing to the reduction in block rewards, the June 2020 contracts are down to 2.71 percent and 3.29 percent premium on CME and the other exchanges.

Private equity sets its sights on booming professional sports

Rules that have forbidden private equity funds from investing in pro sports are being loosened

This Hedge Fund Made 43% Returns Last Year—the Hard Way

“German and Austrian equity investors are often left behind because management is allowed to under-perform for a long time before anyone complains,”

The Future Of Financial Services Is In Broader Strategy And Service

That market efficiency has put pressure on some of the very firms that helped to create it in the first place, as evidenced by the recent push to eliminate commissions.

CI Financial finalises purchase of WisdomTree Canada ETF unit

The transaction has added 14 Toronto Stock Exchange-listed ETFs with approximately $1 billion in assets under management to CI’s family of ETFs – increasing CI’s ETF assets to over $10 billion.

Sawtooth Solutions Announces Strategic Partnership

Helping our advisors build better client relationships in a scalable and efficient fashion is a core capability we encourage

IQ-EQ to partner with Blue River Partners

A shared entrepreneurial approach coupled with a strong focus on providing high levels of client service positions the newly combined entity as the provider of choice for alternative asset managers.

BlackRock Makes Alternative Investment Push With YieldStreet Partnership

The fund is expected to liquidate after about four years and aims to have a 7% distribution rate on an annual basis. The fund charges about 1.5% in fees.

AB girds for $14 billion AXA fixed-income termination

The fees AB earns from managing the soon-to-be terminated fixed-income assets “are low” and “the revenue impact is not significant,” Mr. Bernstein said on the call.

AIG Reports Fourth Quarter and Full Year 2019 Results

Adjusted after-tax income attributable to AIG common shareholders* was $919 million

Hedge Funds to Lose $20 Billion From Investors This Year

Investors expect to pull $20 billion from hedge fund managers this year, a sign there’s no turnaround in sight for the industry. Endowments, foundations, pension and sovereign wealth funds are likely to make the most withdrawals, according to a rec

Alternative Investments