10/12/2020
Ocorian named Best Fund Administrator (Reporting Services)
The award winners were announced on 08 October 2020 at a virtual awards ceremony hosted by Private Equity Wire.
Alternative Investments
10/12/2020
AM Best downgrades AMIC and places Citadel Re under review
AM Best has downgraded American Millennium Insurance Company’s (AMIC) financial strength rating (FSR) to C++ (marginal) from B+ (good).
10/12/2020
Argo arranges reinsurance-to-close transaction with RiverStone
ArgoGlobal, the Lloyd’s insurer and member of Argo Group, has entered a reinsurance-to-close (RITC) transaction with legacy specialist RiverStone.
10/12/2020
It’s ‘No Time to Die’ for Hedge-Fund Manager Ulrich’s Big James Bond Bet
Pressure on MGM Holdings and Anchorage Capital Group is mounting with delay of film’s premiere
10/12/2020
BlackRock kicks off earnings for fund management industry in tumult
Third-quarter reports start this week as consolidation among asset managers takes off
10/12/2020
Wall Street stocks open higher with tech leading the pack
Biden’s position in national polls helps ease concerns over contested election result
10/12/2020
Stansberry Asset Management and Domicilium Launch Second Real Estate Fund
New fund seeks to capitalize on growth trends in Southeast markets.
10/09/2020
Keeping Money at Home Can Be Costly for Investors
For the past five years, the geographical asset allocation of the group has barely budged, and domestic holdings have remained stuck at about 30%, compared with 23% in Europe and 22% or less in North America.
10/09/2020
A Record Number of Private Equity Funds Are in the Market — But Closing Them Won’t Be Easy
The pandemic has changed the private equity fundraising landscape.
10/09/2020
MFA Wealth Recognized as a Top Wealth Management Firm for the Fifth Straight Year
The key factors that enabled MFA Wealth to make the list include the firm's Compass Portfolio Program which offers sophisticated management services for investors and its MAPTM Portfolio Program, a process that utilizes state-of-the-art financial pla
10/09/2020
Tom Gira Named STA’s 2020 Dictum Meum Pactum Award Recipient
The award will be given via a ceremony at STA’s Annual Market Structure Conference
10/08/2020
2020: Private Equity embraces the Special Purpose Acquisition Company during a record year
In many respects, the aims of SPACs and customary VC / PE strategies are very similar and firms are now seeing that SPACs themselves might other multiple advantages over the traditional acquisition and investment holding structures utilised by PE.
10/07/2020
SEI Launches New Investor Tax Savings Report for Independent Advisors
Automated Service Now Part of Suite of Innovative Technology Solutions
10/06/2020
RBC Capital Stick to Their Hold Rating for Invesco
According to TipRanks.com, RBC Capital analyst Kenneth Lee is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 5.2% and a 56.25% success rate.
10/05/2020
Risk Isn’t Static: Advisors Need To Stop Treating It That Way
Founder and President of Luken Investment Analytics, a quantitative research and third-party asset management firm based in Franklin, TN.
10/05/2020
Charles Schwab Is Quietly One of the Biggest Banks in America. That’s a Problem.
Schwab CEO Walt Bettinger’s plan to attract the rich, lock in the young, and crush the threat of Robinhood.
10/05/2020
Managers find personal touch vital ingredient for fundraising
There's an abyss that asset owners have to jump over when it comes to getting to know potential investment managers for your fund via a Zoom meeting.
10/04/2020
Wall Street’s biggest banks are muscling into small M&A deals
Dealmaking has fallen almost 25% through Septpember 30
10/04/2020
Hedge funds skeptical of SEC plan to let firms conceal stocks
At issue is a July SEC proposal that would mark a dramatic overhaul of fund reporting rules that haven’t been updated in 40 years.
10/02/2020
Hedge fund administration – past, present and future
The decision to outsource drove immense economies of scale through central platform administrators providing gold-standard financial technology, experienced back-office and accounting teams and complex valuation modeling.