Managers of Wealth

An $8 billion hedge fund suddenly imploded — here's how it played out

That's even as some on Wall Street were backing away from Visium.

William Ackman lays off 10% of staff in his hedge fund firm

The report said those who were given the pink slip were eight lower-level employees who were involved in the hedge funds’ investor services.

Making the switch from products to portfolios

The efforts to move in this direction are particularly noticeable within those private banks which are determined to try and increase their discretionary business

Singapore's Temasek eyes U.S. investments to offset first portfolio drop in 7 years

The 10 percent drop in sterling against the Singapore dollar that followed Britain's vote to leave the European Union has also depressed the value of the Standard Chartered stake.

A hedge fund manager with ties to the Royal Family made £110 million betting against the pound

The NuWave Matrix Fund was up 12% last Friday while Quadratic Capital Management reported its best returns since it launched.

Walker Crips sees profits double

Walker Crips, which specialises in stockbroking, investment and wealth management services, posted a one-off cost of £0.8m after upgrading its use of technology to better communicate with clients.

CS Canary Wharf Office: Twists and Turns

But for all their pride, the bank hasn't owned the building for years.

Sovereign Wealth Fund Withdrawals Remain Headwind For Fund Companies

Mooney reports data that show state-backed funds pulled at least $8.8 billion from asset managers in the first quarter of this year

Knight Frank group chairman says medium to long term investors will stay in UK

We need to ensure Britain remains in an attractive position for business and for people going forward.

Sanjay Valvani left suicide note behind in which he wrote he’s innocent

He professed his innocence in a suicide note, according to the Associated Press.

BlackRock to Employees: You Can Wear Jeans

BlackRock is getting a bit more casual

Fashion house Balmain sold to Qatar's Mayhoola sovereign wealth fund

Investment body backed by emir takes charge of revived French label, bringing it into same stable as Valentino

CVC Said to Begin Raising Record European Buyout Fund in 2017

No final decisions have been made and the target may change, the people said.

Morgan Stanley Investment Management’s Applied Equity Advisors Team Launches Three New Equity Funds

Factor-based approach with a dynamic fundamental overlay to drive high active share investing

Old Mutual shortlists four buyout funds for Italian wealth unit deal

Old Mutual and all the private equity bidders declined to comment.

What’s Going On With Visium Asset Management? ‘Imploded’ Hedge Fund Plans Shutdown

Visium's performance has been lackluster of late.

Morgan Stanley Opens Additional Miami Office Dedicated to Latin American Wealth Management

This is Morgan Stanley’s third office in Miami dedicated to serving the wealth management needs of clients who reside outside the U.S.

Swiss money manager GAM sees 50 percent drop in first half pre-tax profit

Performance fees for the first half of the year are expected to fall to around 1 million francs from 44.1 million francs for the same period in 2015.

GAM Holding Plummets After Saying First-Half Profit to Drop 50%

The underlying profit before tax for the first half of 2016 is likely to decline by approximately 50% from the CHF 101.5 million reported for the first half of 2015.

The investment world has a new 'haute couture'

This is a reference to so-called investment factors, which are things like yield or low volatility.