Thursday, 18 September 2014
Last updated 16 hours ago
Aug 19 2014 | 1:02pm ET
Houston, Tex.-based Kanaly Trust has partnered with Meritage Capital to offer alternative investment solutions to its high-net-worth investors.
“As Kanaly sees itself as a firm that listens to clients and advises them on innovative ways they can meet their investment goals, we believe that incorporating alternative investment strategies into a portfolio can improve returns and hedge risks associated with today’s elevated stock and bond prices,” said Kanaly CIO James Shelton in a statement.
“The partnership will provide clients with an experienced sub-advisor on alternatives, and specialized managers who are broadly diversified to seek to deliver compounded growth.”
“Meritage firmly believes that a tailored hedge fund allocation is an integral component to a well-diversified portfolio for individuals and institutions,” said Meritage CIO Joe Wade in a statement. “We are enthusiastic in extending our relationship with a highly experienced wealth management advisor like Kanaly in offering alternative investment solutions to clients.”
Founded in 1975 by Deane Kanaly, Kanaly Trust is a comprehensive wealth management firm managing and advising over $2 billion of assets.
Meritage Capital was founded in 2003 and is owned by three family offices. The firm, with $1.1 billion in assets under management, specializes in differentiated hedge fund solutions for a global client base, including family offices, high-net-worth individuals and institutions.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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