Managers of Wealth Americas

Avendus aims to manage $2 billion assets by fiscal end

Avendus Capital’s growth in the wealth management business has been aided by the exit of foreign banks such as Morgan Stanley and BofA-ML from the sector

Equity long/short hit by hedge rally's summer pause

Hedge funds were slightly positive in August: +0.14% as measured by the Lyxor Hedge Fund Index.

Private Equity: Why Smaller is Better (APO, CG)

Private equity firms until recently were famous for their outsized deals

Hedge Fund Clients Dump Humans for Computers and Still Lose

That signals the losses were replaced by fresh capital.

Battle lines taking shape: Cambridge and Cetera to keep commissions in retirement accounts

The wirehouse announced its decision last month.

Merrill Stops Mutual Fund Sales in Commission IRAs

The firm is phasing commission-based retirement accounts out altogether in April.

WealthPLAN Partners, Nation’s Fastest Growing RIA, Announces New Broker-Dealer, Custodian Relationships

Hybrid RIA with 28 Advisors and $2.2 Billion AUM Selects Securities America

State Street Global Advisors Survey Finds Increased ETF Use by Advisers

ETFs have a long way to go before they overtake mutual funds in the DC space

Steven Cohen Poised to Begin Managing Hedge Funds Again

Mr. Cohen’s new investment firm positions him to begin raising outside money as early as 2018

Calamos Asset Management Inc. Issues Quarterly Earnings Results

The firm’s revenue was down 16.1% on a year-over-year basis.

Hedge Fund Pioneer Lee Hennessee-Gradante Dead at 64

At the time, Hennessee was also one of the few women in the hedge fund space and was an early supporter of women’s involvement in the industry.

UBS Asset Management Americas Inc. Maintains Position in Wilshire Bancorp Inc.

UBS Asset Management Americas Inc.’s holdings in Wilshire Bancorp were worth $407,000 as of its most recent SEC filing.

Square 1 Bank Expands Equity Funds Group

Formerly known as Venture Capital Services, Square 1’s Equity Funds Group focuses exclusively on meeting the unique needs of venture capital and private equity firms.

Investing Expert Jordan Kimmel Launches FACTS® Asset Management

FACTS® Asset Management will provide clients with a platform to invest

Real estate managers park assets in new investments

What's more, there is a shift toward investor focus on higher yielding strategies. Value-added strategies are more in favor today, followed by opportunistic investments, Mr. Weill said.

Metlife looks to exit India insurance venture

It’s not clear whether other investors will look to exit.

Pioneering hedge-fund manager is found dead at her $1.6 million Florida home hours after police responded to a domestic dispute with her TV finance guru husband

E. Lee Hennessee was found dead in her $1.6m Florida condo Saturday

Alternative Investments