Managers of Wealth Americas

Vanguard to liquidate $962.5 million balanced fund in March

Vanguard liquidated its Ohio Tax-Exempt Money Market Fund in 2017 and the U.K.-domiciled Ultra- Short-Term Bond Fund in 2018.

Hedge fund DE Shaw eyes new ‘risk premia’ strategies

New York-based group aims to broaden products away from traditional absolute return approach

DeVere to consolidate position in adviser market after US sale

The firm is set to sell its operation in the US and will make ‘major acquisitions’ with the proceeds

Weatherstone Capital Management to Join Focus Firm Carnick & Kubik; Insero Wealth Strategies to Join Focus Firm Buckingham Strategic Wealth

The Insero transaction is expected to close in the first quarter of 2019 and the Weatherstone transaction is expected to close in the second quarter of 2019, each subject to customary closing conditions.

What Investment Advisers Are Saying On the Dow's 871-Point Bounce

Nancy Tengler, chief investment strategist at Tengler Wealth Management, which has around $450 million under management:

RBC’s McGregor Eyes More Private-Equity Dealings to Gain Edge

McGregor sees better near-term deal-making in U.S. over Canada

Global economy set to feel delayed trade war pain in 2019

And volumes are tipped to slow further even as the United States and China seek to resolve their trade spat, with companies warning of ongoing disruption.

City, State Comptrollers Take Different Approaches on Pension-Fund Pressure

Environmental activists have said they plan to target Mr. DiNapoli with protests to convince him to move toward divestment.

3 Predictions For RIAs And Fee-Based Advisors In 2019

The year 2018 also marked the 10-year anniversary of the 2008 financial crisis.

A Hedge Fund Makes Billions Off Americans’ Underwater Mortgages

Fir Tree bet that homeowners would keep paying loans, even against their interest

Asset Manager Millennium Management Nabs 300K SF at 399 Park Avenue

Millennium Management will move its New York City headquarters from 666 Fifth Avenue to Boston Properties’ 399 Park Avenue, the landlord announced today.

Omega, Jabre Capital Among Hedge Fund Casualties in Dismal 2018

Hardly a month went by without news of the high-fee money managers -- young and old, running large and small shops, big and little-known names -- shutting down.

Caisse de dépôt makes $247-million investment in Colombian pension firm

The deal brings the CDPQ's investments in Colombia to US$1 billion

CDPQ and SURA announce a region-wide strategic partnership for Latin America

This transaction is a new step in the growing relationship between Grupo SURA, one of Colombia's largest multinational holding companies, and CDPQ, a leading global institutional investor managing nearly US$235 billion in assets.

Blackstone's McCormick Sees Less Seed Deals, Larger Launches

McCormick, who took over running Blackstone Alternative Asset Management, or BAAM, at the beginning of the year, spoke with Bloomberg on Dec. 14. His comments have been edited and condensed.

Robertson Stephens Unveils New Era with Long Arc Capital

The team at Robertson Stephens has created a wealth management offering with an excellent value proposition for both clients and advisors in the marketplace.

Florida SBA Partners with J.P. Morgan Asset Management on Florida Growth Fund

The Florida Growth Fund is a legislatively-approved program providing capital to growth related businesses in Florida, having already committed over $750 million in Florida-based funds and direct private credit-related investments since commencing in 2009

Alternative Investments