Managers of Wealth Americas

Focus Starts 2016 Strong by Helping its Partner Firms Close Three Mergers

The Focus partner firms are poised for further growth because of the additional capabilities and expanded geographic presence following these strategic mergers.

Third Avenue’s assets sink to $5bn in wake of frozen fund

Third Avenue froze its Focused Credit Fund in December, after assets dropped from $3.6bn in July 2014 to less than $800m.

StatPro acquires hedge fund risk solutions provider Investor Analytics

Damian Handzy, founder and CEO of Investor Analytics, joins StatPro as the Global Head of Risk and has been appointed to the StatPro Group Executive Board.

Neuberger Berman Raises $1.5 Billion From Investors Worldwide

The team today manages a total of $4.8 billion of commitments investing in equity co-investments, since inception through January 2016.

‘Flash Boys’ Hero Is Picking a Fight With Hedge Fund Citadel

Standing in the way are some of those same speed traders, who have an opportunity -- via the regulatory process -- to chasten IEX and its earnest leader.

Ex-Goldman Director Rajat Gupta Back Home After Prison Stay

A former McKinsey & Co. managing partner, Gupta is the highest-profile executive convicted in a U.S. crackdown on insider trading at hedge funds

BMO Asset Management Inc. Announces Index Changes for Two BMO ETFs

The changes to the indices will align with the current investment objectives and strategies of ZUB and ZBK. Additionally, the frequency of rebalancing for the indices remains the same.

Seeking ranchland in Texas, where wealth is measured in acres

Now, Ellis is raising a $100 million, Texas-only ranch fund.

Arcapita acquires $85 million UA Senior Living real estate portfolio

Our investment team will continue to pursue investment opportunities in the US real estate sector

$1 Billion RIA Takes Smaller Firm’s Name in Merger

It has since grown to five partners, including Sargent, Brad Bickham, Chris Lagudis, Luke Daniel and Meagan D’Angelo.

FlexPrint Announces Strategic Investment From Oval Partners

This new partnership will aggressively advance FlexPrint's strategy to support and enhance enterprise managed print services

North Korea Is Newest Frontier for a Daredevil Investor

The risks of sinking cash — even just $7 million or so of Firebird’s $700 million in assets — into a neo-Stalinist state with labor camps and virtually no private property are obvious.

Totum Wealth Launches First Wealth Management Platform to Analyze Comprehensive Human Capital Factors and Portfolios

Cloud-based application leverages institutional-grade investment technology to optimize results for advisors

BlackRock reshuffles senior leadership of investment teams

New York-based BlackRock, with $4.5 trillion in assets under management, also is unifying its global fixed-income business under the leadership of Tim Webb

Brookfield eyes Blackstone status with private-equity push

Flatt says his buyout firm will earn comparisons to the largest of Wall Street’s alternative-asset managers.

Muslims in Chicago use Islamic finance system - to buy homes, for investment

At the entrance of the Devon Bank in Chicago is a small pathway with a billboard that includes “Faith-Based Financing” as one of its options to direct customers toward Islamic alternatives for buying a home.

Investors retreat from hedge funds after tough December: SS&C

The average hedge fund returned minus 2.01 percent in 2015, data from data tracker eVestment showed, with funds hit by concerns including around the outlook for global growth.

NorthStar Asset Management Announces Exploration of Strategic Alternatives

Our Board of Directors and management have always been committed to acting in the best interests of our shareholders and we are aggressively seeking ways to maximize shareholder value.

What does $200 million buy in Los Angeles these days?

Hugh Hefner's Playboy Mansion lists for $200 million

JP Morgan Asset Management Launches New Multi-Manager UCITS Fund

JP Morgan Asset Management has launched a new multi-manager UCITS fund.

Alternative Investments