Managers of Wealth Americas

MJW Investments Launches $500M Fund

The value-add multifamily fund increased from $300 million to $500 million after high interest from investors

JTC Acquires Leading Us Fund Administration Business Nes Financial

The acquisition, which is subject to relevant regulatory approvals, represents a key part of JTC’s ongoing growth strategy

Marsh Acquires Leading US Independent Agency, Assurance

Illinois-based Firm to Lead Midwest Region for Marsh & McLennan Agency

Canadian pension fund shelve NZ acquisition

The two parties terminated their scheme implementation agreement, with no breaking fees.

JPMorgan plans to raise up to $10 billion for alternative investments: source

The pandemic has sent global financial markets into a tailspin

Hedge fund manager turns $27m bet into $2.6b payout

Citing moves by the US government and the Treasury, Mr Ackman said his hedge fund was spending much of their gains on cheap stocks.

Private equity eyes industries crippled by coronavirus: ‘They have been waiting for this’

The first deals are likely to be investments rather than full-on takeovers, the bankers said.

Vanguard to Streamline Value Fund Lineup with Planned Merger

The combined fund will continue to be managed by Wellington Management Company LLP (approximately 70% of assets) and Pzena Investment Management, LLC (approximately 30% of assets)

Elk River Wealth Launches RIA with Unique Client Experience and Full-Service Offering

The launch comes at a time when Americans need a trusted partner to understand their immediate

Asset owners keep steady hand on the wheel

Institutions feel confident they can weather the financial storm

After sell-off, US$4b investor reviews hedge fund

"Many investors will have to critically evaluate the role of alternative strategies in their portfolio, ” Vatanen said.

Fund managers have a message: Cash is king

The spike in bond yields, with 10-year rising above 1.2% and the 30-year more than doubling in the last few days, marks only the latest way that the typical correlations between assets are breaking down.

Alt Managers Need to Adapt Their Fee Structures Amid Increased Price Sensitivity

Fees and alignment of interests are improving in the hedge fund industry

Advisors find new ways to stay productive in retirement

While navigating her next steps, Ms. Latremoille took a self-assessment test called SuccessFinder that helped her explore what she wanted to do with her talents and skills.

Mirae Asset says on track to close $5.8 bn US hotels deal

The South Korean asset manager is aiming to close the deal in coming weeks, and Anbang Insurance stays firm on completing the sale to Mirae Asset, according to the source.

Private-equity takeover of nursing homes has reduced quality of care at critical moment, research suggests

For-profit ownership and private-equity backing of nursing homes, academic studies show, may weaken facilities’ staffing levels and compliance with federal standards

Are financial giants contradicting their own climate pledges?

Report says corporate-level financing by five big firms contributes to oil drilling in the Amazon.

Arthur J. Gallagher & Co. Acquires McConnell, Manit & Trout Insurance Services, LLC

MMT will deepen our expertise in several key industries and brings us significant growth opportunities.

Ray Dalio’s Macro Fund Took a Hit From the Virus

The drop in the fund, Pure Alpha Fund II, comes nearly two months after Dalio told CNBC “cash is trash” in an interview

Clark Capital Wins 2020 Lipper Award

NTBIX Named Best 5-Year Fund in Alternative Credit Focus Funds Category

Alternative Investments