Managers of Wealth Americas

AIG Releases First Quarter 2014 Financial Results

American International Group, Inc. reported net income attributable to AIG of $1.6 billion for the quarter ended March 31, compared to $2.2 billion for the first quarter of 2013

Tepper tops pay ranking of US hedge fund managers

Appaloosa Management founder David Tepper has topped an annual ranking of the highest-paid hedge fund managers in the US published by Institutional Investor’s Alpha magazine for the second successive year, earning $3.5bn in 2013.

Hedge Fund Moguls’ Pay Has the 1% Looking Up

The size of these paychecks are estimates based on the value of the managers’ stakes

Ex-Lehman economist plans hedge fund

John Llewellyn, who was global chief economist at Lehman Brothers prior to its 2008 collapse, is hoping to make his debut as a macro hedge fund manager aged 69.

David Tepper ranks as best paid hedge fund manager, again

The industry's 25 best paid managers earned $21 billion between them

Ex-CQS manager Alistair Lumsden launches new credit fund

Hedge fund East Lodge, founded by ex-CQS portfolio manager Alistair Lumsden, has opened to external money.

Principal Financial Group Updates on First Quarter Results

Principal Financial Group, Inc. announced results for first quarter 2014.. -Operating earnings increased 36 percent to $317.1 million for first quarter 2014, compared to $233.3 million for first quarter 2013. Operating earnings per diluted share increased

Warren Buffett opens door to bigger acquisitions

Warren Buffett’s devoted followers made their pilgrimage to Omaha this year amid an intense debate about whether his $300 billion conglomerate Berkshire Hathaway should hand back cash to shareholders, or even one day be broken up.

Wall Street funds cancer-research up-and-comers

Bill Ackman invests in young research scientists. Here are the first six to benefit

Trez Capital Mortgage Investment Corporation Reports Strong 2014 First Quarter Results

We are pleased with the operating results for the first quarter of 2014

SEC probing hedge funds' bets on Herbalife

Herbalife has steadfastly denied running a business where members earn more for recruiting other members into the scheme than for selling its products to retail customers.

BNY Mellon Completes Acquisition of HedgeMark International

Integrates with and complements the company's Global Risk Solutions capabilities

Hedge fund manager Whitebox launches tactical income mutual fund

What we feel sets us apart from other mutual funds is our ability to remain flexible

Former US equity star Blackstein’s fund closed

Blackstein, who is employed by Toronto-based 1832 Asset Management, continues to run the US mutual fund and ran the Ucits-version of the fund on mandate since its inception.

UBS Launches SwapsDirect: Algorithmic Trading for U.S. Equity Swaps

The platform provides automatic processing as well as execution and confirmation.

‘Scale and Skill’: Why It’s Hard for Managed Funds to Beat the Indexers

For investors, the battle between actively managed mutual funds and their index-style competitors is like a decades-long sports rivalry. Index funds have been gaining ground for years, largely because their fees are lower and performance is often better,

Alternative Investments