Managers of Wealth Americas

UK-based Barclays to exit US fund giant

The bank has held a 19.6 per cent stake in BlackRock since the $13.5bn sale of BGI to it in June 2009.

Hedge funds increase transparency, strengthen compliance, report says

Seventy-six percent of respondents have observed an increase in investment by pension funds since 2008, while institutional investors as a whole, including funds of funds, accounted for a clear majority (57 percent) of AUM.

BHIMI proposes to change investment strategies of its equity portfolio

BMO Harris Private Banking is committed to providing clients with the best possible financial solutions, investment counsel and service.

What are Hedge Funds Doing With Gold?

Late Tuesday, many institutional investment managers filed their mandatory 13-F with the Securities and Exchange Commission.

Citi Ranked #1 in Global Custody Services - Survey

Citi has been ranked #1 in global custody services by the world's leading asset managers, asset owners and banks in the 2012 Global Custody Survey compiled by Global Investor.

Volker rule could divide US and Europe fund industry

Covered funds include Ucits and only exclude US 40 act funds, as the rule stands.

Hedge Fund Elite: What Our 'Best Ideas' Are Now

His presentation had 137 slides and began with the title "Multi-Level Marketing," an obvious reference to Herbal Life.

Winners Announced at the 8th Annual Global ETF Awards

Awards Given out in 20 Categories for Outstanding Achievements in the Global ETP: Industry Inaugural Nate Most Greatest Contributor to the ETF Market Award Announced

Hedge funds help not hinder bankruptcy proceedings: Study

Indeed, based on a recent study conducted by the University of British Columbia, Queen’s University and Columbia University south of the border, hedge funds that invest in distressed U.S. companies actually have a positive influence on bankruptcy pr

Moody's doubts Wells Fargo's Merlin purchase

Last month, Wells announced that it would buy Merlin Securities, a prime brokerage and technology provider based in San Francisco and New York.

Veteran media banker launches investment banking firm

Firm to Provide Strategic and Financial Advisory Services to Media, Entertainment and Consumer Companies

GlobeOp launches monthly Hedge Fund Performance Index

GlobeOp Financial Services will launch an independent, asset-weighted hedge fund performance index on May 15, 2012.

Baird Launches Small Cap Value Fund

The Fund is no-load and, like the other stock funds in the Baird fund family, it has an .85% management fee. The expense ratio is 1.1% for the institutional class and 1.25% for the investor class.

HSBC Eyes Blackstone's Fund Of Funds Throne

HSBC Holdings' fund of hedge funds chief is going after the industry's leader.

Warren Buffett tackles tricky question of succession

In spite of being the world's most famous investor, Warren Buffett's investment conglomerate Berkshire Hathaway is barely covered by Wall Street analysts.

Northern Trust Hedge Fund Services Prepares Clients for Form PF Reporting

Form PF is a new rule adopted by the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) requiring private fund advisors to file disclosure data on holdings and risk exposures within their funds.

GAMCO Investors reports profit up 6.3pc y-on-y

Revenues, excluding incentive fees, rose $4.5 million. Operating income before management fee was $31.2 million, a 30.7% increase from $23.9 million in the prior year period.

Credit Suisse’s Asset Management Division Releases the Q2 2012 Edition of the Alternatives Quarterly

Mr. Keitel views the recent correction in risky assets not as a reversal of fortune for the markets, but rather as a renewed buying opportunity in the coming weeks for investors, especially in light of what he believes are attractive valuations.

FolioDynamix bags wealth technology accolade

FolioDynamix received the Advisory Solutions Technology Innovation of the Year Award for its release of FDx SingleSight Version 6.1.

Wells Fargo to buy prime brokerage Merlin Securities

Prime brokerage includes services such as lending, clearing trades and record-keeping that help hedge fund managers run their firms.

Alternative Investments