Managers of Wealth Americas

Thes Big hedge Funds got Crushed In January

Most hedge funds that bet on broad macroeconomic trends lost money in January, hurt by reversing equity markets and wrong-way currency bets.

Brokers Now Get Access to Instinct Trading Platform

With broker's commission spent falling in recent years and a subsequent increase in technology costs, Jonathan Werts, head of broker-dealer execution, told Traders that the sellside needed to outsource and defray some of its costs, such as white-labe

Ex-Deutsche Bank Trader Dixon Said to Plan $200 Million Fund

Former Deutsche Bank AG mortgage-bond trader Troy Dixon’s new investment firm is projecting its first hedge fund will start in July with $200 million of capital.

Activist Investor Takes Aim at Helen of Troy

Helen of Troy may not be as famous as its classical namesake. But the consumer company, whose brands include the housewares maker OXO International, may be the subject of a fight all the same.

Tocqueville Bullion Reserve Fund Launches With $27M

Tocqueville Bullion Reserve, a hedge fund that will invest 100% of its net assets in gold bullion, launched in January with $27 million.

SEC Looking at How Alternative Funds Value Investments

Regulators say some unscrupulous managers inflate the value of illiquid holdings

The Carlyle Group Completes Acquisition of Diversified Global Asset Management

Global alternative asset manager The Carlyle Group today announced that it has completed the acquisition of Diversified Global Asset Management Corporation, a global manager of hedge funds with more than $6.7 billion in managed and advised assets.

Total Mutual Fund Assets Grew Nearly 20% in 2013, Strongest Growth in 4 Years

A barbell trend emerged in 2013. On one hand, hands-off passive management among indexed products fueled a fee race to the bottom. On the other, investors paid a premium to glean more specialized exposures, including short-duration and unconstrained fixed

Hedge-Fund Firm Exis Capital to Shut Down

Mr. Sender, who moved to Florida several years ago, is known for considering art as an investment. His sales of 30 contemporary art works in 2006 totaled more than $19 million, a sixfold return on his investment.

New Global Fund Administration Firm Formed

Larger global footprint with offices in San Francisco, New York, the British Virgin Islands, Singapore, and Toronto.

Cohen Said to Change SAC Name as Hedge Fund Turns Family Office

The firm, which will manage about $9 billion for Cohen in addition to employee money, plans to have three trading units after the restructuring, said the person, who asked not to be identified because the firm is private.

Two major stock-focused hedge funds to Close

The back-to-back farewells from the New York-based firms mark two of the hedge-fund industry's largest closures in recent years.

Global ETF AUM to surpass hedge fund industry in 18 months

While growth rates will be highest in Asia and lowest in the more mature US market, the growth drivers will be the same across all markets

The Wharton School and CISDM Partner to Provide Morningstar CISDM Hedge Fund Data via WRDS

The addition of Morningstar CISDM is part of WRDS’ continued growth and dedication to meeting the information needs of the financial services industry

USI to Acquire 42 Wells Fargo Locations

Leading middle market brokerage agrees to acquire Wells Fargo Insurance brokerage and consulting locations across the nation

Ex-Diamondback chief sees opportunities in banks at new fund

Richard Schimel, back in the hedge fund business after the U.S. government's insider trading probe helped force him to shut down Diamondback Capital, sees a chance to make money in certain financial stocks this year.

SS&C GlobeOp Forward Redemption Indicator

The SS&C GlobeOp Forward Redemption Indicator for January 2014 measured 2.67%, down from 5.90% in December

Deutsche Asset & Wealth Management adds three new ETF's

The db X-trackers platform will now feature 11 currency-hedged equity ETFs

Gemini Announces Launch of Centralized Managed Account Platform for Alternative Investments

Gemini Fund Services, LLC, an engaged partner to independent advisors as a provider of comprehensive, pooled investment solutions, continues to broaden its array of services available to alternative fund managers.

BTG Said to End Pursuit of JPMorgan Commodities Business

BTG plans to keep growing the business on its own to offer hedging