Managers of Wealth Americas

Warren Buffett knows who next Berkshire CEO is

Warren Buffett, the billionaire CEO of Berkshire Hathaway, expects even better times ahead for his company

Kuwait sovereign fund says cutting U.S. investments, raising Europe

The Kuwait Investment Office (KIO), the London branch office of sovereign wealth fund Kuwait Investment Authority (KIA), is gradually reducing its overweight stance on U.S. assets after keeping that position for seven years

Hedge fund Kerrisdale says Webster should consider spin-off

Hedge fund Kerrisdale Capital on Monday urged Webster Financial Corp. to consider spinning off its health savings business from its core banking operations

BNY Mellon Investment Management, Standish and Amherst Holdings Announce Formation of Real Estate Credit Management Platform

BNY Mellon Investment Management announced today that it has partnered with Amherst Holdings, LLC, a leading financial services provider to institutional investors in the mortgage and structured finance sectors, to launch Amherst Capital Management LLC (A

Concept Capital Markets receives Best North American Prime Broker Award from Hedgeweek for second consecutive year

Concept Capital Markets, LLC named Best North American Prime Broker by Hedgeweek Global Awards in its 2015 reader nominated survey

Insurer for wealthy now accepting Delaware members

PURE offers broad insurance plans with higher limits than typically offered by standard carriers, according to company information.

Billionaire divorce: How Ken Griffin made his fortune

Today he's one of the wealthiest managers in the hedge fund world.

Wells Fargo brings veteran's top US equity strategy to UK

The investment approach for the U.S. Select Equity Fund, a new sub-fund for the Luxembourg-domiciled Wells Fargo (Lux) Worldwide Fund, is a style-neutral, all-cap strategy.

Legg Mason in takeover talks with non-US targets

Legg Mason's chief executive Joe Sullivan said the firm is in talks to buy two businesses that are both not based in the US.

Fidelity Investments Aligns Clearing and Custody Units

Sanjiv Mirchandani appointed president of Fidelity Clearing and Custody Michael Durbin appointed president of new Fidelity Wealth Technologies group

RBC to Provide Currency Liquidity on EBS Direct Venue

RBC as an LP will further bolster this growth and give customers access to a leading liquidity provider in both major and emerging market currencies.

Hedgies Stumble Upon the Brilliant Idea of Investing in Apple

It found, first of all, that all those “sophisticated investors” would have been better off stashing their money in basi

Stifel to buy wealth manager

The acquisition will add 730 financial advisers, boosting Stifel’s headcount of wealth management professionals by 35% to more than 2,800.

Carlyle Hedge-Fund Unit Has Big Outflow

Carlyle is one of several buyout firms that has expanded into hedge funds in recent years

Harbour partners with global asset manager

“In searching for an appropriate global equity manager to partner with, we sought a manager with a strong track-record, high quality people, a research edge and a philosophical alignment with Harbour.”

Gold Fever Fading as $4 Billion Erased From Funds: Commodities

The net-long position in gold tumbled 18 percent

Big money managers warming to ETFs

That is up from 11 firms, 20 portfolios and $3 billion in AUM when the program was launched in August 2013.

Sprott 2015 Flow-Through Limited Partnership Completes First Closing on CEE Units

Flow-through partnerships are one of the most effective tax reduction strategies available to Canadians

Arthur J. Gallagher & Co buys Cohn Financial in US

CFG is specialized in offering customized private placement variable universal life insurance and private placement variable annuities.

Costa Rica confirms underwriting team for up to US$1bn bond

The country has appointed international law firm Arnold & Porter as legal advisor for the sale.

Alternative Investments