Managers of Wealth Americas

Guggenheim’s Steve Brown Named a 2018 Rising Star of Mutual Funds

Guggenheim Managing Director of Total Return Portfolio Management to be recognized at 25th annual Mutual Fund Industry Awards on April 12 in New York

Sura AM sells Chile annuities arm to focus on core businesses

The sale includes Sura’s Chile annuities business only, the company said in the statement.

How nuns got Wells Fargo to address its ethical lapses

Group of investors withdraws a shareholder proposal after bank agrees to prepare report on root causes of its scandal

Wells Fargo is the top banker for the NRA and gunmakers

The bank created a $28-million line of credit for the NRA and operates the primary accounts for the gun rights group, financial documents show.

$100bn family office plots ESG mutual fund

Bessemer Trust has filed for a new mutual fund for its Old Westbury range

Cigna in massive $67bn acquisition

This combination accelerates Cigna’s enterprise mission of improving the health, well-being and sense of security of those we serve, and in turn, expanding the breadth of services for our customers

Private Equity Buyout Value, Exits Rise in 2017

Report says asset class closes out best five-year stretch in industry history.

Blackstone sees half of its assets coming from retail investors

“There’s no reason that ultimately it won’t account for half the assets we manage,” Solotar said. Pressed for a timeline, she said, “I’m going to give myself a little more than five years. Let’s say 10.”

Investors pile into CVS Health's $40 billion M&A bonds

Strong investor demand for CVS Health's $40 billion M&A bond gave a shot of confidence to the U.S. high-grade bond market.

Securities America Adds Two Groups and a Super OSJ to Its Platform

OPOC.us serves corporate- and association-sponsored retirement plans and retirement plan-focused advisors.

BMO Asset Management introduces five new ETFs

We recognize that investors are searching for solutions in a rapidly changing fixed income market. We deliver tailored ETFs that are as wide or as precise as investors' needs to build the best possible portfolios

Canada Pension Is Backing Fledgling Hedge Funds

The Canadian investor, which has C$337 billion ($261 billion) in assets, is getting into promising hedge funds earlier in their life cycles to secure the ability to invest more as they expand.

Independent AM firm snaps up $1.4bn Asia boutique

The acquisition, expected to close over the coming months, is subject to customary conditions, including applicable regulatory approvals and approval of the Toronto Stock Exchange.

AXA IM boosts Mexico business with raft of new fund launches

These include a robotics fund mirroring the AXA WF Framlington Robotech and a digital economy vehicle mirroring the AXA WF Framlington Digital Economy.

Managers targeting alternatives firms

Alternative investment management deal activity in 2017 hit its highest level since 2008

ETF providers offer more to gain manager business

Along with those strategies, sources said there are other ways managers are looking to build the use of their ETFs among institutional investors:

AXA confirms $15bn acquisition of Bermuda-based XL

Under the terms of the transaction, XL Group shareholders will receive USD 57.60 per share. This represents a premium of 33% to XL Group closing share price on March 2, 2018.

Private equity groups under pressure to take ‘riskier’ bets

Buyout market seen as red hot as firms pursue large public companies at fastest pace

Nuveen Investment Teams Make Lipper History

Excellence in 26 Individual Fund Categories, Including Municipal Bonds, Small-Cap Equity, Long/Short Equity and Target Date Funds Also Recognized

There’s An Opportunity With Jupiter Fund Management Plc

Jupiter Fund Management Plc is a publicly owned investment manager.

Alternative Investments