Turnkey Asset Management
Get the latest news and insights about turnkey asset management platforms (TAMPs), programs and solutions used by financial advisors, especially RIAs.
New Directors Join Funds of Funds
By Staff WriterLONDON (HedgeWorld.com)--David Watts and Evert Greup are the latest additions to Key Asset Management's board of directors. Both are joining in non-executive roles after years of traditional asset management experience. The appointments are expected to contribute to Key's institutional business development, officials said in a press statement. Mr. Watts retired...
January 04, 2005
Dias and Smith Settle with CFTC, Consent to Lifetime BanWASHINGTON (HedgeWorld.com)--The Commodity Futures Trading Commission settled a lawsuit over an unregistered commodity pool and the misappropriation of its funds, with defendants Paulino Rene Dias Jr. and Victor Smith, both California residents, and Krute Corp., Woodland Hills, Calif. The CFTC initiated this action in April 2003. Mr. Dias was an...
January 03, 2005
Former BofA Duo Starts Wealth Management PlatformSAN FRANCISCO (HedgeWorld.com)--The West Coast institutional investment bank ThinkEquity Partners LLC is branching out into private wealth management with a new group called ThinkWealth Management. Stephen...
December 23, 2004
Former Goldman Sachs Director Joins Hedge FundNEW YORK (HedgeWorld.com)--P. Schoenfeld Asset Management LLC appointed Daniel Goldwater managing director and head of European operations, as of January 2005. He is to manage the London office, where he will be responsible for an event-driven portfolio and lead the growth of business in Europe and Asia. The firm is...
December 10, 2004
Merrill Hedge Fund Chief Moves to BNYNEW YORK (HedgeWorld.com)--Anthony Conroy has joined BNY Brokerage, a subsidiary of The Bank of New York, as managing director and head trader. Mr. Conroy comes from Merrill Lynch Investment Management, where he was managing director and head trader at the hedge fund unit for the past five years. The group...
December 03, 2004
Report: For Rich Opportunities, Look SouthWealthy Latin Americans already have placed $117 billion in cross-border asset management products.[@@]Researchers predict rapid growth in that cross-border asset management total in a ...
December 01, 2004
Maybe This Time for CPAs?Ask most comprehensive advisors whether they believe that accountants will be a force in financial planning and most will pooh-pooh the notion, citing CPAs' "cultural"...
November 29, 2004
Merger Creates Larger Fund of Funds Business for BNP and FauchierPARIS (HedgeWorld.com)--BNP Paribas Asset Management through its joint venture with Fauchier Partners plans to merge with Fauchier in order to grow a fund of funds business. BNP Paribas said it would acquire a 50% economic interest in Fauchier Partners in consideration for contributing its shares in the BNP Paribas Fauchier...