Managers of Wealth Americas

Impax Asset Management completes Pax World Management takeover

The existing management and investment teams of both the companies will be retained, with Pax president and CEO Joe Keefe continuing to head the firm.

Validus bought up by AIG

Validus is an excellent strategic fit for AIG

VanEck to Acquire Dutch ETF Issuer

VanEck, founded and headquartered in New York, currently has assets under management of approximately USD 46 billion

Ackman cuts staff, shuns limelight as he seeks to turn around fund

Ackman also plans to go silent, at least for awhile, the people said, a major change in style for one of Wall Street’s most voluble investors.

Redwood launches new behavioural finance ETF

New fund aims to profit from the collective effects of investors’ emotional mistakes

Ex-Noble head Frase mulls commodities comeback with own fund

Veteran oil trader Jeffrey Frase has been meeting with investors to test the waters for what he hopes will be his commodities trading comeback.

How Mexico’s biggest Afore plans to capitalize on mutual fund rule change

His investment team is led by Leonardo Villa and Méndez said he doesn’t expect to have to add hire new people following the regulation change.

Christie’s International Real Estate Opens Its First Ever Real Estate Brokerage Gallery Space in Its Flagship New York City Auction House

Joins forces with real estate industry-leading Erin Boisson Aries team

Two Blockchain ETFs Go Live for The First Time

The excitement surrounding the blockchain technology comes with the astronomical surge in bitcoin price, which soared above $19,000 last month.

More investors are putting their money where their beliefs are

The Global Sustainable Investment Alliance reports that more than $22 trillion of assets in 2016 were managed under ethical investment strategies globally

MetLife Announces Planned Merger of Two Subsidiaries

The transactions, which are subject to applicable regulatory approvals, are expected to be completed in the first half of 2018.

Emotomy Integrates With Interactive Brokers

Advisors can now use Emotomy for a seamless online client onboarding experience which includes electronic signatures of the advisor's agreements and disclosures as well as account opening at Interactive Brokers.

Charlemagne Capital rebranded to Fiera Capital

Fiera Capital is pleased to announce the launch of two new strategies under its UCITS platform

Fund administrator Gemini reports 36% surge from hedge funds clients

The Gemini Companies, a subsidiary of NorthStar Financial Services Group, reported a surge in hedge and alternative fund clients for 2017, and that it expects strong momentum to continue into 2018

SS&C GlobeOp Hedge Fund Performance Index: December performance

The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted, independent monthly window on hedge fund performance.

KKR eyes senior living with new $2 billion fund

KKR said that fund already has returned more than 70% of its capital to investors.

The World’s Best Female Poker Player Joins the World’s Biggest Hedge Fund

Hedge funds have turned to unconventional ways of acquiring fresh talent that could help boost performance.

New York pension funds ditch US$5b fossil fuel investments

They say the divestment is the largest of any municipality in the U.S. to date.

Perella Weinberg Partners opens office in Chicago

Perella Weinberg Partners, a global independent advisory and asset management firm, has set up an office in Chicago.

First Life Insurance Focused Trust Company Launches

New trust company is an affiliate of ITM TwentyFirst, the preeminent provider of trust owned life insurance services in the US

Alternative Investments