Managers of Wealth Americas

Brazil's Providence acquires and rebrands fund administrator

Providence Global has completed the acquisition of Guernsey fund administrator Fund Corporation and rebranded it as Lumiere Fund Services.

Catalyst Rolls Out New Hedging-Strategy Fund

Alternatives as an asset class became popular after the 2008 equity-market meltdown.

Petsmart $8.7bn sale marks largest 2014 buyout

The company has been under pressure from activist hedge fund Jana and longstanding investor Longview Asset Management since July, with both calling on the board to pursue a sale.

Investors bank on Lending Club success

Tracy Alloway and Eric Platt in New York and Richard Waters in San Francisco

Pension Bill Seen as Model for Further Cuts

A measure included in Congress’s mammoth spending bill permits benefit cuts for retirees in one type of pension plan, a big shift that lawmakers and others believe could set a precedent for other troubled retirement programs.

CSQ to provide outsourced CIO services in new partnership with Strategic Capital Alternatives

SCA offers streamlined technology for independent advisors, including turnkey asset management portfolios (TAMP) that adopt a multidimensional approach to investing by embedding alternative opportunities.

Experts Debate Fund Industry Outlook at Walkers Seminars

Leading international law firm Walkers has completed another season of its acclaimed series of investment funds seminars, which were held this year in New York, San Francisco and London.

Clients Lost Millions in Hedge Fund Managed by Debt Collector, SEC Charges

The SEC is instituting cease-and-desist proceedings against Reliance Financial Advisors and co-owners Timothy Dembski and Walter Grenda Jr., charging both men with violations of the antifraud provisions of the Investment Advisers Act, the Securities Act a

Manulife and Allianz to Co-invest up to $1 Billion in U.S. Real Estate

Manulife will maintain a partial interest and continue to manage both assets through its vertically integrated platform. In partnership with Allianz, Manulife will seek to invest in additional high quality office properties in U.S. gateway cities.

RBC Global Asset Management expands U.S. fund offerings

New funds offer greater range of global investment options to serve U.S. institutional and retail advisory marketplace

Direxion Asset Management Closing 3X Leveraged Inverse Gold Exchange-Traded Fund

Due to the Fund's inability to attract sufficient investment assets, Direxion believes the Fund cannot continue to conduct its business and operations in an economically efficient manner.

Alaska Retirement Management BoarD Embraces MultiAsset Strategies

The Alaska pension fund allocated US$ 200 million to Quantitative Management Associates LLC

The real threat to pensions is Wall Street

The bludgeon of unfunded liabilities is unfairly used to cut retirement benefits to public sector workers

State Street Global Advisors Launches First Low Carbon ETF

SPDR MSCI ACWI Low Carbon Target ETF Aims to Offer Exposure to Stocks with Lower Carbon Emissions and Fossil Fuel Reserves

Rise of liquid alternatives adds to the managed account toolbox

The ways in which investors are employing managed accounts to build their exposure to alternatives are becoming multifarious.

Nomura Launches High Yield Fund

Nomura Asset Management U.S.A. Inc., today announces the launch of the Nomura High Yield Fund.

CIBC Asset Management completes fund merger

Unitholders of the Terminating Fund have received units in the same class of the Continuing Fund.

DALBAR Announces Its 2014 Mutual Fund Service Award Winners

For nearly three decades, DALBAR has conducted rigorous testing of service delivery via its Service Quality Measurement Programs.

RBC Global Asset Management expands U.S. fund offerings

New funds offer greater range of global investment options to serve U.S. institutional and retail advisory marketplace

Henderson Global Investors launches International Long/Short Equity Fund

The Fund includes four regional sub-portfolios with a fundamental, bottom-up approach to stock selection and will generally consist of a total of 60-70 positions.

Alternative Investments