Managers of Wealth Americas

BlackRock still likes risk assets, despite signs of inflation

With inflation gaining moment, yields are likely to stay deeply negative and this was a positive for risk assets.

MAI Capital Management buys HW Financial Advisors of Beachwood

In May, it acquired Grisanti Capital Management of New York City for an undisclosed price.

Foreside Financial Group to acquire Capital Markets Compliance

For Foreside, which is majority-owned by PE firm Lovell Minnick, CMC is its fifth acquisition since 2019.

Top hedge funds earned US$63.5b in 2020, highest in decade: LCH data

That was despite 2020 not being as profitable as the previous year for hedge funds as a whole, which saw earnings fall from US$178 billion in 2019.

Sycamore Partners Announces Plans to Add Fourth Ship to Azamara® Fleet

This news follows an announcement earlier this month that Sycamore Partners has entered into a definitive agreement to acquire Azamara, presently under the portfolio of Royal Caribbean Group.

ElmTree Funds Announces $600 Million Strategic Partnership with Guggenheim Investments

This strategic partnership provides fresh capital to continue investing in mission critical assets that are in high demand across the country, while generating steady, long-term cash flow.

70% of Canadian investors uncertain about what to do with their investments amid the pandemic

The pandemic has caused Canadians to rethink their retirement.

This Hedge Fund Made the Most Money for Investors Last Year

Chase Coleman’s Tiger Global returned more to investors in 2020 than any other manager — but Bridgewater still tops an annual all-time winners list.

Regions reports 2020 earnings of $991 million and earnings per share of $1.03

Delivers strong revenue and pre-tax pre-provision income(1) growth over the prior year

Hedge fund asset volumes are setting new records, as uncorrelated gains draw more investor money

The industry’s “defensive outperformance through the coronavirus-driven volatility in early 2020, as well as opportunistic gains through the uneven financial market recovery in the second and third quarters” has helped draw more institut

5 Ways to Bring DIY Investors Into Your Fold

They saved diligently throughout their lives and were now ready to hand the reins over to an experienced professional who understood their wants and needs.

JP Morgan Asset Management forecasts “rich environment” for hedge funds as ‘megatrends’ take centre-stage

Hedge fund managers can expect “generally elevated valuations”, supported by a positive macro backdrop comprising ongoing fiscal stimulus, above-trend growth, and continued low interest rates.

Asset manager Nuveen exits sanctions-hit Chinese companies

The disposals come as U.S. investors scramble to exit stocks subject to the sanctions

Citizens Financial Group, Inc. Reports Fourth Quarter Net Income of $456 million and EPS of $0.99

Citizens was able to meet the unique challenges present in 2020

Richmont: Trading Update For The Third Quarter Ended 31 December 2020

The online and offline retail channels both posted sales growths

Market marmite: unearthing Tesla’s stratospheric stock price

Tesla’s 740% bull run through 2020 has seen them become more valuable than household conglomerates like Mastercard, Disney, Netflix and Samsung. The marmite element surfaces when you ask how.

Investment giant fixes on Monero and Ethereum cryptocurrency

Furthermore, on the Ethereum smart contract network, MetLife Investment made special mention in that it is a leading project of the cryptocurrency ecosystem.

BlackRock assets surge to record $8.68tn

World’s largest fund manager boosted by run in equities that helped it beat forecasts

Hedge Fund Managers Losing Millions on Order Delays

Hedge fund managers losing millions as order delays mount up

Arete Wealth to grow by over $1B with Center Street acquisition

New year brings expansion & opportunity to notable nationwide firms

Alternative Investments