Managers of Wealth Americas

US hedge fund Elliott Advisors pays unnamed London executive £38m

Elliott’s UK division paid only £1.3m in corporate tax last year, less than the average £1.35m paid to its 53 employees

Janus Capital Group acquires ETF Product Provider

This acquisition positions Janus within the rapidly growing rules-based and active ETF universe

Billionaire to Reward Ethical Behavior

Starting next year, some of the managers and analysts at Stamford, Connecticut-based Point72 Asset Management LP can earn an extra bonus of as much as 4 percent of compensation if they demonstrate adherence to the firm’s compliance policy and ethica

San Francisco Pension Officials Halt Proposal to Invest In Hedge Funds

San Francisco officials on Wednesday tabled a proposal to move up to 15 percent of the city's $20 billion pension portfolio into hedge funds.

Big Brokerages Stay With Pimco for Now

Investors withdrew $23.5 billion from its Total Return fund last month

Ex-Millennium Manager Seeks $150 Million for New Fund

Daniel Gotvald, a former Millennium Management LLC money manager, is starting Livingston Capital Partners LLC, named after the fictional protagonist of a 1923 book about trading that’s considered a Wall Street classic.

Deutsche Bank Said to Explore Selling U.S. Real Estate

Deutsche Bank is seeking to take advantage of rising real estate values and investor appetite for higher-yielding debt

MUFG Union Bank, Guggenheim Investment Advisory Announce Global, Strategic Alternative Investment Partnership

The Private Bank is an exclusive part of MUFG Union Bank dedicated to the financial needs of high net worth individuals, non-profit organizations, business owners, corporate executives, and professional service firms.

Vanguard’s $3 Trillion Man

Especially in the past couple of years, investors have flocked to index and exchange-traded funds, Vanguard staples.

Global banks join hands to set up one-stop bond shop

A group of 12 global banks are working together to set up a one-stop bond shop for buyers and sellers of corporate bonds

European and American Banks Consider One-Stop Bond Shop

A group of European and American banking giants as well as a dozen or so asset managers are reportedly working together to set up a one-stop bond shop for buyers and sellers of corporate bonds.

Goldman considering setting up new infrastructure fund

When Goldman last raised an infrastructure fund in 2010, it met with lukewarm demand.

Neuberger Berman acquires Orchard Square hedge fund

The transaction is expected to close on December 31, 2014.

Pershing Square hedge fund raises over $3bn in Amsterdam float

Members of the management team at Pershing Square purchased an extra $129m in shares.

Investors hedging their bets with a bar of gold or two

Minted bars, which range from 1 gram to 100 grams, took the lion's share of the increase, rising 37 per cent to 12,238 ounces, with investors in Germany and the US the biggest buyers.

Investing in Bitcoin: Gauging the Fair Value and Future Price of Bitcoin

Gil Luria, managing director of equity research for Wedbush – and co-author of several analyst reports on the digital currency — believes 2014, in spite of some monumental setbacks, has been another step in the right direction for bitcoin.

KKR Said to Back Hedge Fund of Former York Capital Asia CEO

The private-equity firm led by billionaires Henry Kravis and George Roberts, based in New York, will take an unspecified minority stake in Acion

Hedge Funds Must Ramp Up Infrastructure to Accommodate Liquid Alts

Hedge fund managers quickly see that the additional infrastructure required to manage a Liquid Alt is far more complex

With acquisition, PNC set to enter IPO market

PNC Financial Services Group is getting into the business of advising companies that want to go public, capitalizing on the hot market for initial public offerings at a time when banks are looking for new sources of revenue.

Next out of the block

The conversation will spiral on through the suitability of crypto currencies for legitimate business

Alternative Investments