Managers of Wealth Americas

MetLife warns of new reserving problems

US insurer reveals SEC investigation after it over-reserved for annuities in Japan

U.S. asset managers profit from gun industry retirement plans

The national conversation about guns and their place in American society has reached a fevered pitch in the wake of the Feb. 14 massacre at Marjory Stoneman Douglas High School in Parkland, Florida.

IA Financial to acquire one of Canada's largest insurance distributors

The transaction is effective immediately.

Talks collapse to merge US and UK hedge fund lobby groups

Combined Aima and MFA would have been a powerful voice for hedge funds on the global stage

QBE Announces the Sale of Latin American Operations

The transactions are subject to regulatory approvals in each jurisdiction and are expected to close by the end of 2018.

Institutional Investors Turn to Alts, ESG and Risk Management as Volatility Looms

Natixis Investment Managers’ sixth consecutive annual global survey of 500 institutional investors finds that 78% of institutional investors expected stock market volatility to spike in 2018

Zurich Insurance to acquire QBE’s Latin American operations for $409m

The acquired business had gross written premiums of $790m last year, with Argentina representing about 50% and the rest coming from Ecuador, Mexico, Brazil and Colombia.

U.S. asset manager State Street to press gunmakers on safety efforts

The statement also said State Street will monitor the companies’ lobbying activities.

Hedge Funds Are Back!

And 46% plan to maintain what they've got. It turns out that 2016 was a particularly rough year for hedge funds, as their poor performance failed to convince investors they were worth the high fees they charge.

3 asset owners team up for alternatives joint venture

The more than $100 billion Public Institution for Social Security of Kuwait is committing $300 million, Mr. Moseley said.

BlackRock bulks up research into artificial intelligence

World’s biggest investment group to create AI lab in Palo Alto

AM Best revises rating outlook of AXIS subsidiaries to negative

However, the rating agency added that the revised outlooks are based on unfavourable trends in the group’s operating performance, particularly from AXIS’ insurance segment.

A hedge fund that focuses solely on marijuana is crushing it

The fund's gamble is paying off — it ended 2017 up 127% and outperformed major benchmarks.

Pimco Profit Rises to the Highest Since Bill Gross Quit Firm

The money-management firm’s profit was driven by strong net inflows to its U.S. Income Fund as well as strategies including long duration and income.

Hedge funds have outperformed stocks and bonds on risk-adjusted basis

The organisations found that hedge funds have out-performed equities and bonds on a risk-adjusted basis over one, three, five and 10-year periods.

Athena Capital Advisors Expands National Presence with New San Francisco Office

The firm also has an office in New York City.

MetLife To Invest Tax Savings In Employees

It will also create a new $10 million skills development fund to help its employees around the world upgrade their workplace skills.

GCM Grosvenor Closes its Secondary Opportunities Fund II at $700 Million

GSF II will acquire interests in private funds through secondary market transactions, with a focus on transactions of less than $50 million average deal size.

Now's the time to scrutinize your fund manager's performance

Some strategies will be performing well, while others may be challenged by market conditions. Make sure your manager's looking out for your best interests

Canaccord eyes junior gold sector after cannabis and crypto drive record Q3

“You haven’t seen it in the gold price yet, but you can clearly see it in the nature of the activity starting to brew up.”

Alternative Investments