Managers of Wealth Americas

Gabelli's big 2013 propels three year pay to $215 million

Gabelli's $85 million was up from the nearly $69 million he received in 2012

Bill Ackman Has Big Plans

The Pershing Square founder smartly used a cleverly disguised subsidiary to build up its largest investment ever, in Botox-maker Allergan.

SS&C GlobeOp Forward Redemption Indicator falls to 3.23 per cent in April

The SS&C GlobeOp Forward Redemption Indicator for April 2014 measured 3.23 per cent, down from 3.81 per cent in March

Rothschild Asset Management and Larch Lane Advisors announce a joint venture for launch of a liquid alternatives 40 Act fund

The joint venture company will act as the investment advisor for a multi-manager liquid alternatives

Investors Flock to Hedge Funds, Despite Mediocre Performance

Hedge funds may be producing lackluster returns, but investors are running to them anyway.

Titan adds eighth member to its board

The company manages approximately $6 billion of capital and has holdings in public and private companies in a variety of industries.

Huron Consulting Group Announces Formation of Broker-Dealer to Expand Investment Banking and Capital Advisory Services

Huron Consulting Group , a leading provider of business consulting services, today announced that it has established Huron Transaction Advisory LLC to provide broker-dealer, corporate finance and investment banking services to new and existing clients.

Invesco National Trust Company Launches 15 Additional Collective Trust Funds

The new fund lineup has already been added to the platforms of a number of top DC record keepers and expands the opportunity for retirement plans to invest in additional Invesco strategies that span across all major asset classes and are delivered throug

NFP Acquires Schwartz Brothers Insurance

Strengthens NFP's P&C Presence in Illinois

No warm EU welcome for US hedge funds

As the deadline nears for an EU directive intended to enhance the protection of European investors, it is becoming clear that it will, instead, curtail their access to lucrative opportunities in the US as hedge funds based there choose not to comply.

Asset flows into hedge funds near all time highs

Investors continued to allocate to activist strategies in March

Estimates Show 90% of Hedge Funds ‘Socialize’

The use of social media has increased significantly within the hedge fund industry over the past couple of years.

China Orient, Great Eagle To Launch $1B US Property Fund

Hong Kong-based property firm Great Eagle Holdings Limited says it has signed an agreement with China Orient Asset Management Corporation to establish a close-end fund targeting at investment in office properties in the U.S.

World’s largest asset manager hires HSBC exec to manage emerging-markets fixed-income business

At HSBC, he was head of emerging-market research.

Ninety per cent of hedge funds using social media, says Agecroft Partners

The use of social media has increased significantly within the hedge fund industry over the past couple of years.

Chelsea Clinton, Hedge-Fund Manager Husband Expected First Child

The daughter of former President Bill Clinton and her hedge-fund manager husband are expecting their first child.

BNY Mellon is Top Fund of Hedge Funds Administrator in Two New Industry Surveys

According to eVestment, total alternative AUA across the industry rose steadily in the six months since its prior survey.

Barclays and OFI Global Asset Management Will Partner to Launch the Barclays OFI SteelPath MLP ETNs

New ETNs Will Leverage OFI SteelPath’s Expertise in MLPs to Provide Exposure to Midstream Assets While Reducing Correlation to Oil and Gas Prices

TIAA-CREF buys Nuveen Investments for $6.25B

The deal is expected to close by the end of the year

Hedge Fund Manager Makes Lonely Defense of G.M.

He is now betting on G.M., which is under political scrutiny for a decade-long delay

Alternative Investments