Managers of Wealth Americas

Blackstone payouts hit as performance fees fall‎

Total revenue fell 17 percent to $952 million in the first quarter, down from $1.15 billion in the same quarter the year before.

Hedge fund assets swell to new high

Total investor capital allocated to hedge funds in the first quarter exceeded $16 billion, HFR said in a statement.

Matthews Asia's UCITS Funds Now Available on Allfunds Bank

Through this relationship Matthews' Asia Dividend, Pacific Tiger (Asia ex-Japan), China, India and China Small Companies Funds are now accessible to Allfunds Bank's large network of clients.

Prime brokerages consolidate after "big bang"

Hedge funds are cutting back on the brokerage accounts they hold as the prime brokerage industry begins to consolidate more than four years after the Lehman Brothers bankruptcy blew the sector wide open.

Schwab profit falls but says financials to improve ‎

Revenues and Earnings Rise by 7% and 20%, Respectively, Over Preceding Quarter

The Dow Jones Credit Suisse Hedge Fund Index Finished Up 0.05% in March

There have not been any funds added to the Dow Jones Credit Suisse Hedge Fund Index in March

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".

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