Managers of Wealth Americas

Bank of America to Sell 31-Story Manhattan Office Tower

The building is selling for $230 million, or about $300 a square foot, according to the Wall Street Journal, which reported the agreement earlier today.

Deutsche Bank To Decide On Guggenheim Bid Tuesday - Sources

U.S. financial services firm Guggenheim Partners, which entered exclusive negotiations with the bank on the sale, has until the end of this week to make a detailed bid for the operations, which could be worth around EUR1.6 billion, below the previously s

ABN Amro to sell commercial insurance arm to Aon

ABN AMRO Insurance, part of Delta Lloyd Group, is taking over the intermediary activities in the commercial general insurance segment for the Small and Medium-Sized Enterprise sector from ABN AMRO Bank.

Faith and Values Inspired Investments

As both sectors continue to increase in size and therefore influence it may be instructive to consider a few of the learnings that have emerged when this question surfaces.

Northern Trust Hedge Fund Services Builds Global Client Base

Northern Trust has announced that its hedge fund administration unit, Northern Trust Hedge Fund Services, has built significant momentum since the unit was formed by the acquisition of Omnium in July 2011.

AllianceBernstein's AUM drops to to $419bn

Certain statements provided by management in this news release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, uncertainties, and

UBS Announces Monthly Changes to the UBS Next Generation Internet Index

The UBS Next Generation Internet Index (the “Index”) is intended to measure, on a total-return basis, the performance of a subset of Internet-related companies listed on the NYSE or NASDAQ that satisfy specified market capitalization and other

BNY Mellon Execs Join HedgeMark Board

The two replace two other BNY Mellon execs, Craig Messinger, executive vice president and head of global markets trading and Brian Ruane, CEO of alternative and broker-dealer services.

Bain eyes $6 billion-$8 billion fund, toys with fees

Bain Capital LLC is considering raising $6 billion to $8 billion for a new global buyout fund and offering investors up to three options on fees it charges to manage the money, according to two people with direct knowledge of the matter.

Wilmington Trust kicks off new hedge fund

The goal of the fund is to deliver long-term growth of capital through consistent returns with a low correlation to traditional asset classes.

JPMorgan Reorgs to Double Share of Global Funds Market

George Gatch, who was chief executive of J.P. Morgan Asset Management's investment management division for the Americas, now heads the new global funds business.

AGF’s Patricia Perez-Coutts set to take her leave

Monday AGF Management Ltd. announced that Patricia Perez-Coutts, its senior vice-president and portfolio manager will be leaving the firm effective May 2. As well as Perez-Coutts, two other associates are also leaving.

Natixis Global Asset Management Launches Gateway International Fund

Natixis Global Asset Management has announced the launch of an international hedged equity fund from Gateway Investment Advisers.

Deutsche Bank asset manager unit may get $2 billion: sources

Deutsche Bank declined to comment on the price but said talks for a sale remain "on track".

Morningstar Clients to Get Hedge Fund Data as Assets Soar

Hedge Fund Research produces the HFRX and HFRI hedge fund indexes as well as a database of fund performance and assets, according to the statement.

Morningstar Launches Indexes Based on "Ultimate Stock-Pickers" Research

BNP Paribas Licenses Indexes for Structured Bank Notes

Broadridge Extends International Multi-Asset Processing Capabilities of Gloss to Include Exchange-Traded Options

With extensive functionality for equities, fixed income, treasury instruments and derivatives, Gloss is well-established across global markets as a leading solution for investment banks and brokers.

Dreyfus Fund Earns Lipper Award

Dreyfus International Bond Fund Receives Lipper Award in its Category for 5-Year Period

Deutsche Bank Awarded Global Corporate Trust Services Provider of the Year

The Bank was nominated in the category by the editorial staff of Infrastructure Investor and in an on-line poll conducted during December and January. More than 1,000 readers participated, with Deutsche Bank voted as the top Global Corporate Trust Service

Morningstar Reports Hedge Fund Performance for February, Asset Flows for January

Emerging market equities again posted the largest gains as the Morningstar MSCI Emerging Markets Hedge Fund Index rose 3.5% against the MSCI Emerging Market NR Stock Index's 6.0% increase.

Alternative Investments