Managers of Wealth

Hedge fund Omega to keep managing money for clients

Omega invests roughly $4 billion, a decline from the $5.4 billion it oversaw in September when the U.S. Securities and Exchange Commission charged founder Leon Cooperman.

Chris Rokos Said Seeking $2 Billion to Boost Hedge-Fund AUM

The money manager opened for business in September 2015 but stopped accepting fresh capital at the start of February after raising $3.5 billion.

Boards must justify chiefs’ pay to staff, says fund manager

Bonuses should make up a much smaller proportion of maximum total pay

Why wine collectors are looking to Asia

Two auctions of Fine and Rare Wines at Christie’s Hong Kong in November 2016 are sure to solidify the region’s status as the ‘wine epicentre of the world’.

Top high-frequency trader Teza to quit proprietary trading

Group founded by Misha Malyshev switches focus to quantitative hedge fund

Guernsey's captive insurance expertise shared with Hong Kong audience

It’s a concept that is still being understood in China and Asia in general, but that is where future growth in the captives sector will be concentrated, as opposed to the US and Europe where their use and advantages are already well-known. Captives

Folger Hill Hedge Fund Teams Up With Schonfeld for Asia Push

Folger Hill has lined up support as the $2.9 trillion global hedge-fund industry faces investor criticism and redemptions over high fees and lackluster returns.

Consortium Considers $1 Billion Buyout of Singapore Property Manager

Group of investors includes ARA Asset Management’s founder, Warburg Pincus

Bill Gross to manage total return strategy at Janus

Gross already sub-advises a total return bond fund for Old Mutual Global Investors

AXA completes sales of SunLife and Elevate platform

The acquisition of Elevate has created one of the largest adviser platform businesses in the UK

Asset Allocation: SYZ Asset Management’s Hartwig Kos ramps up cash to avoid risk

Kos started to reduce the risk in the fund by avoiding any multiple currency themes in the fund, sticking with sterling

AAA-rated Fidelity Asian star braces for bear market

The fund remains heavily invested in bluechips however, with large-caps such as Power Grid Corporation of India and Taiwan Semiconductor Manufacturing in the top 10 holdings.

Citigroup Said to Offer London Canary Wharf Space After Job Cuts

Spokesmen for Citigroup, Westfield and Lend Lease declined to comment.

Good grief! MetLife ends three-decade branding partnership with Snoopy and the Peanuts Gang

The company has a multiyear contract for Snoopy and other Peanuts cartoon characters, according to The Wall Street Journal.

Barclays CEO dines with hedgies

Barclays held a $1 million bash for 55 hedge funds

TriState Capital to Accelerate Growth of Its Chartwell Investment Partners Subsidiary Through Transaction with Aberdeen Asset Management, Inc.

Brings expanded product capability and about $4 billion in client assets to Chartwell as TriState Capital executes strategy to complement strong organic growth of its investment management business with selective acquisitions --