Managers of Wealth Americas

Hedge Fund Finds Asset-Backed Bargains in Subprime Debris

Swooping into sectors left cratered by the global financial crisis, hedge funds have found that the surest bets in recent years are in mortgages and other asset-backed securities.

Funded Status of U.S. Corporate Pensions Rises to 92 Percent, According to BNY Mellon ISSG

The funded status of the typical U.S. corporate pension plan increased 1.4 percentage points in June 2014 to 92.0 percent, driven by rising asset values, according to the BNY Mellon Investment Strategy and Solutions Group

Here’s Why Morgan Stanley Is In Two Minds About Cutting Brokers’ Pay

The move is a part of CEO James Gorman’s organization-wide cost cutting plan which targets a compensation ratio of 55% for the wealth management business – down from the division’s reported compensation ratio of 60% in Q1 2014.

Some prominent hedge funds hurt by tech are back with gains

For some hedge funds hurt by tumbling technology stocks earlier this year, tenacity has been a virtue.

Fortress Investment Group Named Institutional Investor’s Hedge Fund Manager of the Year

The award recognizes outstanding achievement across Fortress Credit and Liquid Markets hedge fund strategies, including the firm’s flagship Drawbridge Special Opportunities and Fortress Macro funds.

Hedge Funds Outbid In Federal Bitcoin Auction

Hedge fund Pantera Capital Management went bargain-hunting at the U.S. Marshals Service bitcoin auction Friday, and came up empty-handed.

Barclays and MSCI to Offer Green Bond Index as Part of ESG Fixed Income Index Family

Innovative new Index to track growing market of bonds issued to fund projects with environmental benefits

The Swiss Helvetia Fund Announces A New Investment Adviser And New Web Address

Schroder Investment Management North America Inc. now serves as the new investment adviser for The Swiss Helvetia Fund, Inc.

Henderson acquires US equity manager for up to $200m

This transaction will be fully funded from Henderson’s existing cash resources, with transaction and integration costs expected to be around $10m.

An old dog has learned a new trick with hedge fund pioneer

The board’s decision to grow in this dilutive manner indicates to us that it is more interested in ‘empire building’ than maximizing shareholder value

OM Asset Management Files for Initial Public Offering

This news release shall not constitute an offer to sell

Blackstone Readies Big-Bet Hedge Fund

Private-Equity Firm Hopes Fund Will Fund Several Teams of Traders

Hidden Billionaire Emerges Amid Silicon Valley Tech Boom

The base will support a 54-floor tower, which, when completed in 2016, will be the Bay Area’s second-tallest building.

Temasek launches office in New York City

Office reflects confidence in US economy and US companies, says PM Lee

As Activist Hedge Funds Boom, 'Hushmail' Takes Hold

And the ranks of activist hedge fund managers are unlikely to shrink anytime soon

U.S. auctions some 30,000 bitcoins from Silk Road raid

The Marshals Service has said it would notify the winning bidders on Monday.

Eric Sprott reducing stake in asset management firm

Legendary precious metals investor Eric Sprott, is reducing his stake in Sprott Inc. , the asset management firm he launched nearly three decades ago.

Love ‘em or hate ‘em, the world of hedge funds is only getting bigger

Everybody Loves Hedge Funds, Assets Hit Record $3 Trillion

Billionaire hedge-fund manager backs Valeant’s bid for Allergan

Billionaire hedge-fund manager John Paulson is adding his weight to support Valeant Pharmaceuticals International Inc.’s $54 billion takeover bid for Botox maker Allergan Inc.

JPMorgan Said to Sell $304 Million Mortgage-Bond Issue

The notes are unlike other recent deals because they’re backed almost entirely by 15-year mortgages

Alternative Investments