Managers of Wealth Americas

Firms drop Pimco funds from managed accounts

The moves could make it more difficult for Pimco to stem outflows that have accelerated in the wake of Gross's departure.

Goldman Sachs Sells $285 Million in Hedge Fund Holdings

Goldman Sachs is continuing to sell off its hedge fund holdings, including $285 million during the third quarter of this year, as the start date for the Volcker Rule draws closer.

BMO Global Asset Management Launches ETFs in Hong Kong

BMO Asia USD Investment Grade Bond ETF provides access to a portfolio of high quality Asia bonds

Wally Weitz On Discretionary Cash Flow, Good Management

Weitz said they like to invest with managers that treat them fairly and as partners rather than necessary evils

Blackstone's GSO Capital Backs NewStar Financial

The relationship includes an investment of long-term capital from funds managed by Franklin Square Capital Partners

Kuwaiti investor snaps up two New York hotels

Both properties opened for business in February last year

With Cinda Tie-Up, Oaktree Rewrites China Deal-Making Playbook – Marks

I think that to be a private equity investor, especially in Asia, you probably have to be equity, growth, strategic

Asset managers prepare for end of QE

Fund managers welcomed the Federal Reserve’s decision last week to end its bond buying programme as a milestone marking the return of the US economy to normality after the global financial crisis.

Mexican Bitcoin Exchange MeXBT Eyes Latin American Trade and Remittances

COO and cofounder Joel Cano called Money 20/20 an ideal setting in which to debut meXBT as it extends beyond bitcoin and cryptocurrencies to banking and FinTech.

Direct Lending Funds Attract US Pensions

These pension funds are searching for yield and in effect, the committed capital can be perceived as high-risk bank lending.

Silicon Valley meets Wall Street

“It is critical to know that what we’re building is a two-sided network that has benefits both for investors and fund managers,” comments Sam Hocking (pictured), founder and CEO of San Francisco-based Imatchative.

US$ looks set to rule Asian equities

Asian equity markets are likely to take their cue in the months ahead from a strengthening greenback against most currencies

Publicis sticks with BAML and Rothschild after failed $35bn merger

Two of the banks that advised French advertising giant Publicis on its failed merger with US peer Omnicom have got a second bite at the cherry, advising the French company on its latest multibillion dollar acquisition.

Neuberger Berman Announces Partnership With Samsung Securities

We are very pleased to partner with Samsung Securities and Samsung Asset Management

Will Google Become A Fund Manager

Just when you thought the behemoth couldn’t get any bigger, the Financial Times has now revealed that Google is eyeing entering the asset management business.

Alibaba Co-Founder Said to Back Hedge Fund of Ex-SAC Trader

Institutions and wealthy individuals are helping managers build up a business

Two Sigma gathers $3.3 billion for model-driven macro fund

The firm oversees $23 billion and has been one of the most successful managers that uses quantitative strategies to drive investments.

Pershing Wins Top Hedge Fund Award for the Third Year

BNY Mellon company, Pershing LLC’s prime brokerage unit was named ‘Best Prime Broker—Custodial Solution’ for the third time in as many years at HFMWeek’s US Hedge Fund Services Awards ceremony in New York.

2015: Crowdfunding Space Will Become Mainstream

As GlobeSt.com just exclusively reported, Pyatt Broadmark has presented a new investment opportunity in connection with the Pacific Northwest Lending Fund.

The Rockefeller Group to Acquire Majority Interest in TA Realty

Strategic investment in leading U.S. real estate advisor to establish a global investment management platform with $32 billion in assets under management

Alternative Investments