Managers of Wealth Americas

BMO Global Asset Management Launches Institutional Prime Money Market Fund

The new fund also may be subject to liquidity gates and/or redemption fees as required by the new money market fund regulations.

Cantor Fitzgerald poaches three big execs from KCG Holdings

Meanwhile, Reuters reported May 10 that the Department of Justice was investigating the market-making arms of KCG and Citadel.

McKinsey’s $9.5 Billion Internal Investment Arm Cuts Wide Swath

It can easily be seen as a conflict of interest and that’s the issue with your client.

Pine River to shut Fixed Income Fund, returns $1.6 billion to investors

According to the letter, Pine River will also spin off its $1.2 billion China Fund, which is run by Dan Li

BCS acquisition of US broker dealer gets green light

The transaction is expected to close within a couple of weeks, and will signify the official launch of operations for BCS Global Markets into North America, the world’s largest capital market.

Inside McKinsey’s private hedge fund

McKinsey quietly runs an investment arm for partners but experts warn of conflicts of interest

NFP Acquires ERISA Fiduciary Advisors

EFA specializes in implementing comprehensive fiduciary management processes for plan sponsors, as well as providing wealth management services with fiduciary oversight.

AllianzGI Completes Acquisition of Rogge Global Partners

“We are delighted to welcome our new RGP colleagues to the AllianzGI family. With our joint commitment to active management, similar investment culture and values, we are sure they will find AllianzGI a natural home.”

Ally Financial Acquires TradeKing: What's Next in the Cards?

TradeKing will remain based in Fort Lauderdale, FL and operate as a wholly-owned subsidiary of Ally Financial. TradeKing has nearly $4.5 billion in client assets

Why invest in hedge funds?

Most investors, both institutional and individual, often allocate a sizable portion of their portfolios to hedge funds.

In alternatives, consultants and money managers branching out into each other’s territory

Alternative investment managers that started out in the funds-of-funds business and consulting firms are following suit.

Hedge Funds: Finding Opportunities in a Beleaguered Industry

In efficient frontier parlance, hedge funds have the ability to move your overall portfolio up, left or both.

TETF Watch: Direxion Files Commodity Fund

The index also has an optimized roll, with the index replacing contracts at rebalancing by rolling into the most desirable contract expiring over the 13-month period.

It may be the end of hedge funds as we know it

Let's get the obvious out of the way: hedge fund performance is abysmal.

US Private Equity Firm Blackstone Invests $200 Million in Partners Life

Kishore Moorjani, senior managing director of Blackstone said his firm was impressed with Partners Life's management team

SSGA issues 40 ETFs on Euroclear’s fund platform

Furthermore, a selection of SPDR ETFs will be available on our FundSettle platform to support the distribution effort of SPDR ETFs in reaching our mutual fund clients across Europe.”

How Donald Trump is winning over Wall Street

I spoke with over 50 financial professionals across the board. And the overwhelming majority said they were planning on voting for Trump at the election.

Object Trading Platform goes live at TMX Group’s Co-Location Centre for Montréal Exchange Access

Global expansion of managed DMA infrastructure continues as traditional service providers retreat

American Beacon Partners with Man Group for New Emerging Market Debt Fund

In August 2014, American Beacon and Man Group launched the American Beacon AHL Managed Futures Strategy Fund.

AIG to Sell Crowdfunding Insurance, Looking to Make Money Off Investors’ Worries

The coverage isn’t available to protect against just any crowdfunding project.

Alternative Investments