Managers of Wealth Americas

RBS under pressure to offload US business

Royal Bank of Scotland has come under pressure to sell its US business

Black-Scott sets up Beverly Hills Wealth Management office in Jacksonville

“We want to be in the right places where we do a very good job,” Black-Scott said in a telephone interview Friday.

Eagle Asset Management buys stake in quant manager ClariVest

Terms were not disclosed. ClariVest management remains the majority holder.

Blackstone targets stakes in hedge fund managers

No target for the size of the new fund had been set, although it could attract between $2 billion and $3 billion, the person said.

Ramius to Partner in Japan with GreensLedge Capital Markets

GreensLedge Asia was created in partnership with Iku Nishino

Expansion at Schwab rankles RIAs

I'm always concerned about a custodian buying asset managers

Vikram Pandit To Get Back In The Hedge Fund Saddle Again, At Some Point

Pandit is viewed by the hedge fund community as a rainmaker due to his ties to deep-pocketed investors.

SEC Says 1,504 Advisors to Hedge Funds, Private Funds Now SEC-Registered

SEC also identifies 293 advisors who may no longer be eligible for registration under the ‘switch’

Natixis acquires McDonnell Investment Management

McDonnell is an Oak Brook, Illinois-based investment advisor

BlackRock's Q3 EPS up 23% on new business

BlackRock Inc.'s third-quarter profit climbed 7.9% as the world's largest money manager saw its assets under management increase, while revenue climbed.

Knight Capital Reports Net Loss After Software Error

Knight Capital Group today reported a consolidated net loss for the third quarter of 2012 of $389.9 million, or $602.9 million before income tax benefits.

State Street Beats Estimates as Asset-Management Fees Rise

Revenue of $2.36 billion decreased 3% from $2.42 billion and $2.43 billion in the second quarter of 2012 and third quarter of 2011, respectively.

2100 Xenon management team to acquire equity interest held by OMAM

"This is a very exciting time for our company," said Bruce Mumford, Partner

Wells Fargo profit jumps 22 percent

The bank’s revenue increased as well

RBC Global Asset Management Inc. Expands ETF Product Suite

"Since the onset of the financial crisis in 2008, it has become more challenging for investors to manage and source quality corporate bonds across different maturities,"

Dodge & Cox Worldwide Funds Added to Ascentric Platform

The platform allows advisers to select investments from a wide range of investment vehicles for private investors.

MetLife launches asset management business

Clients will include other insurers, pension plans and sovereign wealth funds, MetLife Inc. said

Chinese bourses seek foreign capital

A group of leading Chinese fund companies will head for New York to conduct a two-day US roadshow, the latest effort to boost the weak domestic capital market, sources told the Global Times Monday.

Former Wall Street trader who has spent $65,000 on web dating… and still can't find love

A multi-millionaire bachelor has revealed he has spent more than $65,000 on matchmaking services and still can't find his ideal wife.

Aberdeen Introduces Three New Multi-Asset Funds

Aberdeen Asset Management announces the introduction of the Aberdeen Dynamic Allocation Fund

Alternative Investments