- The Americas Banking News Network -Wealth, private banking and asset management news and opinion

JP Morgan Asset Management Partners With iCapital Network

As we get later in the economic cycle, identifying alternative sources of return is an essential consideration for investors looking to build stronger portfolios.

Hedge fund Pagoda Asset Management shutting after four years -source

Pagoda notified investors of its decision to shut down by letter on Thursday. A representative for the firm declined to comment.

Guggenheim 2Q Fixed-Income Outlook: Preparing for Long-Awaited Choppier Markets

As we approach the turn in the credit cycle, our portfolio managers have been shortening portfolio duration and opportunistically moving up in credit.

The Global Luxury Real Estate Report

Luxury Defined, Christie’s International Real Estate’s sixth annual white paper, seeks to answer these questions and provide exclusive insights into the world’s greatest luxury property markets.

Silicon Valley Bank to open office in Germany with Deutsche alumna

About 50 percent of all venture capital-backed tech and life science companies in the U.S. are among its customers. In the first quarter of 2018, the average credit volume was $23.8 billion.

Fed is ‘one decision away’ from hammering Treasurys, says bond fund manager

If the Fed moves away from its policy of forward guidance, the selloff in longer-dated bonds may have more room to run.

Natixis hunts for hires in LatAm wealth market drive

The program led to the repatriation of more than $17 billion, opening up an opportunity to offer onshore, tax-efficient products.

Carolina Panthers sold to hedge fund founder

The Carolina Panthers just got a new billionaire owner.

Janney lands team that oversaw $2B

Glasgow, an industry veteran of 27 years, also has past work experience at Morgan Stanley and Paine Webber.

U.K. Launches Fund to Stop Companies Heading to U.S. for Capital

The average U.K. venture capital fund is one third smaller than in the U.S., and many British companies “get on a plane and fly” there seeking capital, Lewis La Torre said in an interview.

NYC Hedge Fund Eyes Its Next Distressed-Debt Target: Bahrain

‘There could be pressure on Bahrain,’ says Greylock’s Humes

Private Equity’s Plan to Beat the Low-Cost Investing Robots

Under threat from automated rivals, financial advisers are getting bigger, and guess who’s there to profit from it all.

AXA US IPO secures funds for XL acquisition

A full sale of the US business, in combination with the XL acquisition, will accelerate AXA's ambition of becoming more reliant on non-life underwriting profit and less on financial market-related earnings, Moody’s said.

Colliers International acquires controling stake in Harrison Street Real Estate

Headquartered in Chicago and with an office in London, Harrison Street is a pioneer in demographic-based real estate investing.

Hawaii renews agreement with Prudential Retirement to manage $2.4 billion plan

Over the past five years, recordkeeping assets for Hawaii’s 457(b) plan have grown from $1.7 billion to nearly $2.4 billion.

U.S. asset manager MFS picks Luxembourg as post-Brexit EU hub

MFS has taken no decision yet on the type of roles to move to Luxembourg or how many.

Equities Traders May See Biggest Bonus Jump of Up to 15% in 2018

Volatile markets helped stock traders post strong quarter

Cape Town luxury property 2nd best performer worldwide - report

In the last two years Cape Town has set South African records for both the highest-ever sale price achieved for a residential home

Richemont’s takeover of Yoox Net-a-Porter completed

The total value of the shares Richemont has acquired that they did not own equates around €2.8 billion (£2.36 billion), and the takeover valued the entire group at €5.3 billion (£4.64 billion).

Schroders deepens private debt capabilities

The investment is being made alongside an investment by Gemspring Capital, a middle market private equity firm based in Westport, Connecticut.

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