06/08/2020
Arthur J. Gallagher & Co. Acquires CRES Insurance Services, LLC
The CRES team will continue to operate from their current locations in Las Vegas and San Diego under the direction of Kevin Garvin
Alternative Investments
06/04/2020
BlackRock Latin American Investment Trust could be a strong performer in any recovery from the global pandemic
Their aim has been to make the portfolio more active, with individual stock picks more important to performance.
06/04/2020
BlackRock Files to License Active Non-Transparent ETF Structure
JPMorgan Chase & Co.’s asset management arm is among those that have decided to test the actively managed nontransparent model this year. Most recently, Legg Mason kicked off a value-focused product last week.
06/04/2020
TD Asset Management launches five new actively managed ETFs
These additions to our ETF line-up inspire greater choice, flexibility, and opportunity in the growing Canadian ETF market.
06/02/2020
Athena Systems launches updated product suite including hedge fund OMS/PMS
Athena Spark has been updated to meet the requirements of the following market segments:
06/02/2020
Billionaire investor Alan Howard scored a 100% return for his hedge fund this year
Howard's return this year is particularly impressive as about 75% of hedge funds - including those run by Ray Dalio, Adam Levinson, and Michael Hintze - lost money in March.
06/02/2020
Coty Announces Strategic Transformation and Definitive Agreement with KKR on Wella
Coty has announced the signing of a definitive agreement with KKR as part of a strategic transformation that will deleverage its balance sheet, streamline its operations and strengthen its leadership team.
06/02/2020
Artisan Partners Renames Artisan Thematic Fund, Celebrates Three-Year Anniversary
The new name highlights the team’s dedicated focus on its process.
06/01/2020
Why Manulife Stock Is a Compelling Post-Recession Buy
The third grouping encompasses companies that have no durable competitive advantage.
05/29/2020
BlackRock lures top asset managers, wealth funds after PNC exit
Existing shareholders Wellington Management, Capital Group Cos. and Fidelity Investments were among those that bought shares
05/27/2020
US regulator settles with Ares
Ares Management LLC is a wholly-owned subsidiary of NYSE-listed Ares Management Corporation, which managed US $149 billion in assets under management at March end.
05/27/2020
Accredited Investors Can Now Invest In Bitfury’s Bitcoin Mining Farms
The blog says that investment vehicles like this are necessary for building out a robust and mature market structure to give high-net-worth investors a form of exposure to Bitcoin that they are comfortable with.
05/27/2020
BIS opens Mexico City dealing room for the Americas
The new facility complements the existing BIS trading rooms in Basel and Hong Kong SAR, allowing the BIS to offer 24-hour services to its central bank customers.
05/26/2020
CPPIB annual net assets rise even as virus erodes returns
Net annual return fell to 3.1% from 8.9% in 2019.
05/25/2020
Bank of America Corporation (BAC): Hedge Funds Sentiment Near All Time Low
There were 99 hedge funds in our database with BAC holdings at the end of the previous quarter.
05/21/2020
New Chubb Whitepaper Explores Surge in Litigation Against Fiduciaries of Employer-Sponsored Retirement Plans
Co-authored by Chubb and Groom Law Group, the paper urges companies to take steps to reduce exposure to heightened claims
05/20/2020
Private-Equity Firm Seeks $2 Billion to Buy Stakes in NBA Teams
The NBA selected Dyal in April to form a fund to buy up minority stakes.
05/20/2020
JTC Asking the Experts: Foreign HNWI Investing in the US
In this first episode, Emilio Miguel and Victoria Pastore from the JTC Miami office talk to Sergio Alvarez Mena from Jones Day law firm, Miami, about the key regulatory and tax issues that foreign HNWIs should be aware of when investing in the US.
05/19/2020
LPL Financial Reports Monthly Activity for April 2020
Total client cash balances at the end of April were $47.0 billion
05/17/2020
IRS FAQs: Coronavirus-Related Relief for Retirement Plans and IRAs
The individual is entitled to treat a distribution as a coronavirus-related distribution for the individual's federal income tax return only if the individual actually meets the eligibility requirements to be a qualified individual.