Managers of Wealth Americas

Perella Weinberg buys former squatter site in central Berlin

Perella bought the site for about €150-million ($190-million U.S.) from German real estate investor Anno August Jagdfeld

Goldman Details Plans To Foray Into Active ETF Market

Goldman Sachs filed a request with the SEC late last week to launch a series of actively-managed exchange-traded funds making it the latest addition to the list of banking giants that have expressed an interest in the rapidly growing investment option.

Deutsche Asset & Wealth Management’s RREEF Property Trust Obtains NASDAQ Ticker Symbols

Deutsche Asset & Wealth Management today announced its non-traded, daily-valued real estate investment trust, RREEF Property Trust, Inc. has been granted NASDAQ ticker symbols “ZRPTAX” and “ZRPTBX” for its Class A and Class B s

Lucia Capital Begins Expansion

Lucia Capital Group a family of companies in the wealth advice and asset management space, today announced the signing of a definitive agreement for the purchase of the managed equity and fixed income accounts of West Coast Asset Management

Rich People Now Giving Their Kids Their Very Own Hedge Funds

What do you get for the young man who's already got a safety net made of golden threads brocaded with itty bitty Mercedes-Benzes?

Ex-Deutsche Bank’s Lehr Said to Start New York Hedge Fund

The global fund will focus on commodity trading and JPMorgan can boost its investment to as much as $500 million

Peak6 Hedge Fund To Strike Out On Its Own

Peak6 Investments is spinning out its hedge-fund business, selling the unit to its top management.

Vanguard Reaches $3 Trillion In Assets, Matching Entire Hedge-Fund Industry

An asset manager selling index funds from a leafy suburb of Philadelphia now has about the same amount of assets under management as the entire hedge fund industry.

Third Point Hedge Fund Sorry For Shafting Investors, Sort Of

If you’re fabulously wealthy and generous to a fault, you might agree to such arrangements in connection with your personal accounts. Maybe the unknown investors deserve, or need, the money more than you.

Fortress Pays Executives for Expenses to Manage Fortunes

Fortress Investment Group LLC paid four of its top executives $63 million last year.

AIMA Announces New Council

AIMA’s Council is elected every two years and is comprised of members from its three regions – the Americas, EMEA and Asia-Pacific.

Peak6 Investments sells off hedge fund

The deal is expected to close at the end of this month.

Blackstone targets $7 bln to $8 bln for next TacOpps fund

The first TacOpps fund, which launched in 2012, closed in March on $5.6 billion and included investors such as the California Public Employees’ Retirement System

Norway Sovereign Wealth Fund Spends $1.5 Billion on NY and Boston Properties

This puts the aggregate value of the properties at around US$ 4.06 billion. All the properties are Class A office towers.

Nuveen Announces Closed-End Fund Merger

Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the merger of American Municipal Income Portfolio Inc. into Nuveen Quality Municipal Income Fund, Inc. has been app

Alternative Investments