Managers of Wealth Americas

PNC Financial Profit and Revenue Slip -- Update

PNC Financial Services Group Inc. said its profit slid 2.4% in the fourth quarter, while its revenue declined 3.1%. The results, however, topped analysts' expectations.

Nuveen Broadens Global Platform with New UCITS

The objective of the fund is to provide long-term capital appreciation through investments

Ex-SAC’s Kumin Said to Gather $1 Billion for Hedge Fund Startup

Kumin, whose responsibilities included recruiting, started Folger Hill with Todd Rapp

Hedge Fund Manager Pledges $1M Prize To Boost Human Lifespan

His new initiative has already attracted 15 teams of scientists

Aequitas Capital Partners launches the ACP Alts Academy

Alternative investments, a long time staple of institutional investors

BofA Said to Oust 150 Hedge Fund Clients Under New Rules

Hedge fund managers should expect banks to become more discerning

Legg Mason BW Global Opportunities Bond Fund Team Nominated for 2014 U.S. Fixed-Income Fund Manager of the Year by Morningstar, Inc.

Brandywine Global Investment Management Global Fixed Income Team Recognized for Prowess in Navigating Bond Markets

Hedge fund Mason Capital ends 2014 down 12 percent

Mason ended October down 7 percent

Wealth Management Company Announces Merger

Dillon Wealth Management in Vincennes has merged with a Nebraska firm

Large Pension Funds Slowly Begin to Dump Hedge Fund

A growing number of large public pensions are beginning to shun hedge funds. This trend gained steam in 2014.

Keel Point and BlueCreek Investment Partners Announce Merger

Keel Point, LLC and BlueCreek Investment Partners, LLC today announce the merger of their boutique, relational-model wealth management firms to provide family and institutional clients a broader and deeper base of investment and planning capabilities, dra

Moss Securities Launches South American Hedge Fund

Moss Securities sets itself apart from other brokerages

IRS Hammers Offshore Lending and Underwriting Structure

The partnership had no employees, and conducted all of its activities through a U.S. manager.

Treasuries Pare Gains After U.S. Adds More Jobs Than Forecast

Benchmark Treasury 10-year note yields were little changed at 2.01 percent at 8:50 a.m. New York time

Cantor Fitzgerald Expands Footprint with Office in Birmingham

Cantor Fitzgerald & Co., a leading financial services firm, today announced the expansion of its footprint with the opening of a new office in Birmingham, Alabama

Royal Bank of Canada Hires J.P. Morgan to Help Sell Swiss Operation

Royal Bank of Canada has hired J.P. Morgan to run a sale process for RBC Suisse SA, its Swiss wealth-management operations

Privateer Holdings Announces First Institutional Investor in Legal Cannabis Industry – Founders Fund

Privateer Holdings’ investors consisted solely of ultra-high net worth individuals and family offices

Morgan Stanley raises about $1 bln for second mezzanine debt fund

The LPs for Morgan Stanley Credit Partners II include unnamed global institutions and high net worth individual investors.

Privateer Holdings Announces First Institutional Investor in Legal Cannabis Industry – Founders Fund

The investment from Founders Fund marks the first time a major institutional player has placed capital in the cannabis industry, and is a significant next step as the industry moves out of the shadows and into the light.

Citi Appointed Successor Depositary Bank for CPFL Energia S.A.’s Sponsored ADR Program

Citi, acting through Citibank N.A., has been appointed by CPFL Energia S.A., the largest private integrated utility company in Brazil, as the successor depositary bank for its American Depositary Receipt program.

Alternative Investments