Managers of Wealth Americas

Hedge Fudge Managers Lose Their Swagger

In six months, investors have withdrawn $16 billion.

New York state pension leader calls hedge fund fees ‘unfair’

Traditionally, hedge funds pocket a 2 percent annual management fee and take an additional 20 percent of performance gains.

Brevan Howard Said to Start Low-Cost, Liquid-Fund Business

The move marks Brevan Howard’s push into the liquid alternatives funds market that has grown to $784 billion at the end of the first quarter

Janus' Bill Gross sells part of famed stamp collection

Pimco has denied his claims and said Gross' own behavior and treatment of colleagues would have justified his firing.

Hedge Fund Managers Lose Their Swagger

In six months, investors have withdrawn $16 billion.

Top hedge fund chief says talent is scarce

In less than seven days, hedge funds have been subject to a three-pronged attack by some of the biggest names in finance.

Cohen's Point72 Starts Venture Unit to Fund Financial Technology

The move reflects the growing importance of technology to money managers such as Cohen, who started a data crunching unit last year and hired an executive from International Business Machines Corp.

AIG's Losses Show The Smart Money Has Largely Avoided Hedge Funds

Most hedge funds would kill for an 8% return these days. Many hedge funds have been hit hard by the gyrations of financial markets in the last six months.

Ackman defends Valeant, hints at more changes

Billionaire investor William Ackman on Monday mounted a vigorous defense of Valeant Pharmaceuticals , ruling out any sale of the drug company's "crown jewel" assets but saying price cuts and even a new name may be in its future.

Financial Gravity Holdings Introduces the Fractional Family Office

Due to the complexity of the various disciplines it has been previously impossible for a small business owner or the entrepreneur to have access to the tools and strategies of the wealthy. Now Financial Gravity brings these benefits to a larger market.

First Pay-for-Performance™ Financial Planning and Wealth Management Service Launches in Canada

When these funds do not perform better than the market as measured against their industry benchmark, clients will pay fees similar to traditional ETFs.

Investors not following New York City's lead

Data show hedge fund hirings on the rise despite cutback at NYCERS

Capital Group leaders look to rein in inflated CEO pay

A measure is its voting record on what are known as "say-on-pay" resolutions - non-binding measures which let shareholders vote on whether to approve compensation for top executives.

Nuveen Investments Completes Acquisition of Incapital’s Unit Trust Platform

Nuveen Investments, an operating division of TIAA Global Asset Management, today announced the completion of the acquisition of Incapital’s Unit Trust platform.

Ex-Merrill's Wittlin to Shut WCG Hedge Fund After Nine Years

WCG Management, which is based in New York, is a macro fund that seeks to profit from economic trends by trading everything from currencies to commodities.

Raymond James looks coastward for growth

Reilly cited steady expansion by both the company’s independent and employee channels into the Northeast, California, Oregon and Washington markets where Raymond James has traditionally had a low market share.

Lone Star Funds Closes Fifth Commercial Real Estate Fund at $5.5 Billion

Fund to Focus on Opportunistic Investments in Commercial Real Estate Debt and Equity Products in the Americas, Europe and Asia-Pacific

Bear market in emerging debt is over: BlackRock

They pointed to recovering oil prices, less volatility around China's currency, and most importantly—the weaker dollar.

Alibaba's Ant Financial Raises $4.5 Billion In World's Largest Private Tech Investment Round

This latest influx of cash is the largest private-funding round for any internet company and according to some sources, the company is now valued at around $60 billion

eVestment: Hedge fund net outflows in first quarter slow to nearly half the previous quarter

Only two hedge fund strategy categories experienced positive net inflows in the first quarter — managed futures ($10.4 billion) and broad multistrategy ($3.9 billion).

Alternative Investments