Managers of Wealth Americas

Northern Trust to provide asset servicing to AD Global Investors

The bank will assist AD Global Investors with fixed income execution services in Abu-Dhabi, a first for Northern Trust’s Capital Market’s business in the region.

Colony Capital acquires Abraaj's Latin American private equity arm

The firm had structurally borrowed new funds to fill the gaps, and owed creditors over $1 billion.

CPPIB poised to be first global pension fund to issue euro green bond

The bond, expected to be priced as much one billion euros, could be announced this week, FP has learned

Hedge fund premier league fared better than rivals in 2018

The top 20 managers have delivered nearly half the sector’s long-term gains

Allianz's Pimco unveils new P&C ILS business under Pagnani

Pimco will work in partnership with its parent company Allianz to source global catastrophe risk in the form of collateralised reinsurance and other structured investments, while maintaining independent underwriting and portfolio construction procedures.

BlackRock launches Argentina office

The office will be led by Francisco Rosemberg, who joined BlackRock from Schroders last year.

Veterans of Global Public Real Estate Form Strategic Alliance with Jaguar Growth Partners and Hwa Hong Corporation

Partnership results in new entity called Jaguar Listed Property

University of California moves bulk of cash into alternatives

As of Dec. 30, the endowment's allocation was 38.6% public equity, 22.4% absolute return, 14.2% liquidity, 13.3% private equity, 7% real estate, 4.2% real assets and 0.4% cash.

BlackRock Intends to Launch Environmentally-Aware Money Market Fund

The Fund will also prohibit any investments in companies that earn significant revenue from the mining, exploration or refinement of fossil fuels or from thermal coal or nuclear energy-based power generation.

CIBC Asset Management launches CIBC Smart Investment Solutions for clients

New portfolios offer clients a simple and sophisticated way to invest

Hedgefund Woes, Crypto Challenges and Substance Abuse

Interestingly, it was actually a lot of the established names with billions of dollars in assets that proved to be the stellar performers of 2018.

John Bogle, founder of Vanguard and 'father of index investing,' dies at 89

Often dubbed the "father of index investing,"

First Midwest Bancorp Completes Acquisition of Northern Oak Wealth Management

First Midwest is one of the Midwest's largest independent wealth management providers, with approximately $11 billion in assets under management and clients across 30 states.

Waypoint Seeking to Start One of Canada’s Largest Hedge Funds

Now Toronto-based Waypoint is planning to put that strategy to work in a new pooled hedge fund.

CalPERS Gives $500 Million to New Private Equity Fund of Funds

GCM Grosvenor will oversee private equity emerging managers.

Fidelity International Small-Cap Strategy Terminated by SFERS

The investment made up 6.5% of the system’s approximate $3.5 billion small cap strategy.

Meketa Investment Group and Pension Consulting Alliance to Join Forces

Combination Unites Long-Established, Highly Respected Investment Consultancies with Demonstrated Public, Private Markets & Real Estate Expertise

Elliott Advisors leads activists’ march on UK boards

Elliott also had a stake in the plane and car parts maker GKN, which was sold to Melrose.

Bank of China to enable payment in yuan on U.S. e-commerce platforms: Xinhua

The system will adhere to U.S. anti-money laundering rules through artificial intelligence and cyber security technologies, Xu added.

Bill Gross’s Bond-Fund Assets Decline Below $1 Billion

The Janus Henderson Global Unconstrained Bond Fund suffered about $60 million of redemptions in December, according to Bloomberg estimates. That lowered assets to $950.4 million from February’s all-time high of $2.24 billion

Alternative Investments