Managers of Wealth Americas

Arsenal Capital Partners Announces Final Closes of Two New Funds Totaling $5.4 Billion

Inaugural Growth Fund Closes at its Hard Cap with $1.1 Billion and Surpasses $750 Million Target

“Essentially ground to a halt”: BlackRock sounds warning on corporate earnings

BlackRock analysts expect earnings growth to slow and disappoint the market.

KKR Completes Acquisition of Barracuda from Thoma Bravo

Barracuda is a cloud-first provider of cybersecurity solutions for small and medium sized enterprises (SMEs).

Apex Group acquires US Real Estate services firm SandsPoint Capital Advisors

This strategic acquisition serves to further strengthen Apex Group’s offering for clients in the North American market and enhances its ability to offer a comprehensive and high-quality service to all client segments delivered by over 850 employees

Investors flock to U.S 'growth' stocks as inflation fears fade - BofA

BofA analysts said their 'Bull & Bear' indicator, which seeks to track market trends, remains unchanged at "extreme bearish" level.

Schwab Reports Monthly Activity Highlights

Average interest-earning assets were $605.8 billion in July, up 11% from July 2021 and down 1% compared to June 2022.

CI Financial Reports Financial Results for the Second Quarter of 2022

All financial amounts in Canadian dollars at June 30, 2022, unless stated otherwise. Financial amounts for the quarter are unaudited.

Apollo Closes on $2.35 Billion in Commitments for Apollo Origination Partnership Fund I

Fund Close Contributes to Apollo’s $50 Billion-plus of Direct Lending AUM

MAI Capital Management Acquires Pareto Wealth Management

The Cleveland-based acquisition continues to strengthen MAI’s foothold in Northeast Ohio

KKR expands industrial real estate portfolio in the Sunbelt with acquisitions in Georgia and Texas

The SouthPointe acquisition includes two Class A industrial warehouse buildings in south Dallas built in 2017 totaling approximately 1.0 million SF.

Citizens leads $67.3 million construction loan to Trinitas Ventures

Funds will finance construction of a new student housing project near the University of Central Florida

Truist recommends shareholders reject mini-tender offer from TRC Capital Investment Corporation

Truist is in no way associated with TRC and recommends that shareholders reject this unsolicited offer because the offer price is below the market price for Truist common stock immediately prior to this announcement.

AIG Reports Second Quarter 2022 Results

General Insurance’s culture of underwriting excellence continues to be evidenced in our financial results.

Baillie Gifford US Growth returns drop over 45% but maintains strategy conviction

Discount at 12% from a premium in 2021

Arthur J. Gallagher & Co. Acquires Evergreen Insurance Managers Inc.

The Evergreen team expands RPS's presence into the greater Portland market and offers us new growth opportunities in the Pacific Northwest

Truist Insurance Holdings enhances client offerings with acquisition of BenefitMall from Carlyle

The transaction will add approximately $150 million of annual revenue to Truist Insurance Holdings' wholesale division.

Arthur J. Gallagher & Co. Acquires Another Day Limited

The firm is headed up by Jake Hernandez who will continue to run the business.

The Bank of London Announces A Multimillion Dollar Investment in Charlotte and the Creation of 350 New Jobs

New positions at the US Global Platform and Services division will include software development, compliance and risk, technology operations, infrastructure engineering and business operations.

Hansard launch Lat Am adviser survey

With a keen focus on new business generation ideas, target expectations & ambitions, the survey findings will also delve into the shared challenges that advisers across the region face in driving their business forward into 2023.

Sun Life profit beats estimates as Canada growth offsets wealth weakness

Sun Life's reported net income dropped to C$1.34 a share from C$1.53 a year earlier

Alternative Investments