Managers of Wealth Americas

BNP Paribas Securities Services Top Rated in the 2012 Hedge Fund Administration Survey

These scores are higher than the average reported scores and we are also rated 'Best in Class' in all North American categories.

Principal Wins China Approval for $150 Million Investment

Principal is seeking investors for the fund, which will be domiciled in Dublin, Adam Lackey, a company spokesman, said yesterday by phone. Tony Chu, a Hong Kong-based portfolio manager, will help oversee the investments.

NSE exploring tie-up with Qatar Exchange

NSE’s chief executive officer (CEO) Ravi Narain on Tuesday met top officials of Qatar Exchange and briefed them about facilities that the Indian bourse offers to foreign investors.

Landmark bank deal turns prey into predator

M&T Chief Executive Officer Robert Wilmers has added about $40 billion to both its loan and deposit books since 2008 through at least four acquisitions, according to data compiled by Bloomberg. With Hudson City, M&T probably will rank 14th by asse

Paulson to Talk With BofA

The call comes within days of the decision by a major Paulson client, Citigroup Inc.'s private bank, to stop investing with Mr. Paulson's firm. That move is expected to lead to withdrawals of about $410 million.

Hedge Funds Are Getting Clobbered In 2012

The numbers are truly terrible. Bank of America Merrill Lynch’s investible hedge fund composite index shows hedge funds are up 1.85% so far in 2012.

Citadel’s Equities Co-Head Runnfeldt to Leave Hedge Fund

Runnfeldt, 46, became co-head of global equities in 2009 along with Brandon Haley and Steve Weller when Citadel started its equity fund.

BNY Mellon to double the size of its Dallas operations

The wealth management firm has signed a lease for about 6,000 square feet of space at the building at 6150 Sherry Lane, just west of Preston Road, which was being developed for the headquarters building of Bandera Ventures.

Citigroup Private Bank Said to Redeem From Paulson Fund

The private bank is redeeming from Paulson’s Advantage Fund and Advantage Plus Fund, said the people, who asked not to be identified because the information is private.

Generali looks to sell U.S. reinsurance arm

"Citigroup has been mandated for a possible sale of the U.S. assets," a source close to the matter said.

SunGard Highlights Ten Insurance Risk Trends in North America

SunGard has identified ten trends shaping the North American insurance industry

CME plans Europe derivatives exchange‎

Although the CME has partnered with other foreign exchanges to develop its product base and global presence, this will be the first time it has single-handedly launched a brand new exchange beyond the U.S.

UBS Starts Unit Providing Services For Quantitative Hedge Funds

The business targets startups and established funds with long-short or hedged strategies and those focused on arbitrage.

HFRX Global Hedge Fund Index posts gain of +0.50% through mid-August

Global financial market volatility moderated through mid-August, as global equities built on July gains which extended into mid-August.

Could Jon Corzine Really Launch A Hedge Fund?

If he is successful as a hedge fund manager, it would be the latest career comeback for a man who was ousted from both the top seat at Goldman Sachs and the New Jersey governor’s mansion.

Brevan Howard Raising Money in U.S. for Currency Hedge Fund

The $1 billion currency fund is managed by Luke Ding, a former Merrill Lynch & Co. foreign exchange trader who joined Brevan Howard in 2007.

Carlyle, China private equity firms bid for Focus Media

Deal targets the biggest ever delisting of a New York-listed Chinese company

Silver Hoard Near Record as Hedge-Fund Bulls Recoil: Commodities

Hedge funds anticipate slowing growth will curb demand for silver, 53 percent of which is used in products from televisions to batteries. Investors and analysts are bullish on expectations central banks will do more to stimulate economies, expanding consu

Goldman Sachs, NEA invest $54 mln in Indian healthcare firm

Goldman Sachs has deployed more than $2 billion in India since 2006.

Investors Go Cuckoo for $2 Billion of 'Co-Co' Bonds From UBS

A write-down also can occur if the Swiss financial regulator determines it is necessary to prevent the insolvency, bankruptcy or failure of the bank, according to a bond prospectus.

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