Managers of Wealth Americas

The 2016 Hedge Fund Rising Stars: Charles Dufresne Jr.

Sciens Capital Management’s Dufresne is gobbling up hedge funds in the wake of market volatility.

ETF Model Solutions Recognized as Finalist for 2016 WealthManagement.com Awards

The Fund employs a passive portfolio management strategy based on the Endowment Index.

Thomson Reuters said to be in advanced talks to purchase Redi

One of the people familiar declined to comment on the value of the deal, and all asked not to be named because the talks are private.

Morningstar part of the problem as faith ebbs in active managers

A star rating system for funds is in need of further reform as investors question active managers

Five Dynasty Financial Partners’ Network Advisory Firms Rank Among Financial Times Top 300 RIA Practices

To select the firms for the list, the Financial Times solicited applications from more than 2,000 elite independent RIA firms with $300 million or more in assets.

Cetera Taps Former eMoney Chief as Board Member

The three new board members were chosen by a steering committee.

Wall Street, hedge fund billionaires warming up to Donald Trump

Trump has previously said that hedge fund managers "get away with murder" by paying themselves so much

Small print on Venezuelan debt will pique Wall Street’s interest

Wall Street hedge funds likely to read the small print of Venezuelan’s bond documents

Milken’s Former Manager Raises $500 Million for New Credit Fund

Meyer’s new firm, Silver Rock Financial LP, registered as an investment adviser with the U.S. Securities and Exchange Commission in March.

U.S. Fund Managers' Big New Bet - Going Small

The Russell 2000 is up slightly less than 1 percent for the year to date, compared with a 1.4 percent gain for the S&P 500.

Aegon Asset Management US Closes 46th Fund Offering

The AURA fund is expected to comprise 14 investments in properties located in five states and one U.S. territory. Fund investors include an almost even mix of banks and insurance companies, including an Aegon affiliate.

Morgan Stanley Opens Additional Miami Office Dedicated to Latin American Wealth Management

This is Morgan Stanley’s third office in Miami dedicated to serving the wealth management needs of clients who reside outside the U.S.

Virtus Investment Partners Announces Preliminary Results of Tender Offer

The number of shares expected to be purchased in the tender offer and the purchase price per share referred to above are preliminary and subject to change.

Canada talking green, making plans; investors unsure

Trudeau has promised Canada would do more to curb its emissions, and must work with the country's provinces to execute a plan that will make energy extraction a more expensive undertaking.

Norwegian sovereign fund grows stake in Manhattan office portfolio

The joint venture agreed between NBIM and Trinity Church was first launched in November last year

Blackstone in bid to buy insurance broker

There is no certainty that Blackstone and Genstar will reach a deal, and Genstar may resume negotiations with one of the other private equity firms that bid for Acrisure, the people added.

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

Alternative Investments