Managers of Wealth Americas

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,

Aviva life insurance reborn as Accordia Life

The life insurance division of the former Aviva USA earns a new name today: Accordia Life, a subsidiary of Global Atlantic Financial Group.

HedgeCo Attracts Another Equity Partner And Joins Forces With GEMS Kenmar-Olympia Group

GEMS Kenmar-Olympia Group is the third major equity partner to invest in HedgeCo. In 2013

ING U.S. Investment Management Becomes Voya Investment Management

Today, Voya Investment Management, part of Voya Financial, Inc. ), marks the firm's first day operating under its new brand name.

Wells Fargo Introduces the Wells Fargo Advantage Alternative Strategies Fund

Wells Fargo Advantage Funds announces the introduction of an alternative fund employing strategies similar to those used by institutional-quality hedge fund managers.

Fortress Says First-Quarter Profit Falls 3% on Macro Fund Losses

Earnings were pushed lower by higher operating expenses

Invesco's first-quarter profit falls 15.5 percent after UK fine

The company's Invesco Perpetual unit was fined 18.6 million pounds ($31.3 million) by British financial regulators who said the fund manager exposed its clients to more risk than they knew about between May 2008 and November 2012, resulting in their

The Hedge Fund Kid and the Treasure Ship

On Monday, a deep-water exploration ship lingered 160 miles off the coast of Charleston, S.C. The vessel is operated by Odyssey Marine Exploration, a company with a unique business model: It recovers treasure from shipwrecked vessels.

Hedge Fund Fights To Keep Fannie, Freddie In Business

Hedge fund Fairholme Capital Management is ramping up its effort to save Fannie Mae and Freddie Mac from dissolution, even as the White House pushes its case for that conclusion.

JANA awards $385m mandate to Californian manager

Causeway now has six institutional clients in Australia

Alternative Investments