09/05/2019
Capital Counsel Awarded Top Guns Designation in Seven Categories
Capital Counsel manages concentrated portfolios of large-cap and mid-cap companies based in the U.S., or with large U.S. operations.
Alternative Investments
09/05/2019
Waratah Capital Launches Liquid Alternative Mutual Fund
The Waratah Alternative Equity Income Fund is a long biased actively managed portfolio of North American equities, with a focus on Canada.
09/05/2019
Arthur J. Gallagher & Co. Acquires RGA Group
Founded in 2001, the companies comprising RGA Group specialize in coverages for private and professional landlords and real estate portfolio owners
09/05/2019
Nuveen courts global investors as US multifamily fund reaches $840m
The intention was, he said, for the fund to be included in the NFI-ODCE, an index that tracks large, open-ended core real estate funds in the US.
09/05/2019
Kudu makes minority investment in alternatives manager EJF Capital
Kudu's investment in EJF will not affect the firm's day-to-day operations or its investment and decision-making processes, the news release said.
09/05/2019
GCM Grosvenor Receives Top Rating from PRI
The PRI assessed GCM Grosvenor based on questionnaire responses on a range of ESG and responsible investing topics.
09/05/2019
Kestra Financial Welcomes Moore Wealth Management and Abundance
Recruitment momentum continues with latest firms to join Kestra Financial
09/05/2019
Wealth Management Firm Royal Harbor Partners Launches in Houston, Texas
Industry veterans and Texas natives combine forces to provide financial and advisory services to local families and business owners
09/03/2019
How a More than $50 Billion Bet Boosted CalPERS Returns
A large move into equity factor investing was key for largest US pension.
09/03/2019
Investcorp Finalizes Majority Interest Acquisition of CM Investment Partners
The transaction was first announced in June 2019
09/02/2019
New investment manager for two SAM funds
Separately, SEAMARK and SAM have entered into an agreement whereby SEAMARK will manage the core fixed income mandate for the accounts on SAM’s Separately Managed Accounts (SMA) platform.
08/30/2019
Boston Retirement terminates 2 large-cap equity managers
The target allocation to domestic large-cap equities is 17%.
08/30/2019
Adviser Bruce Lee launches quant investment manager Keebeck Alpha
Lee set up Keebeck Wealth Management in Chicago last year, with backing from Dynasty Financial Partners.
08/30/2019
John Hancock Investment Management implements expense reductions providing additional value to investors
John Hancock Investment Management, a company of Manulife Investment Management, today announced expense reductions on additional funds, representing a combination of direct management fee cuts, contractual expense cap reductions, and new breakpoints prim
08/30/2019
John Hancock Investment Management implements expense reductions providing additional value to investors
The funds affected are John Hancock Investment Grade Bond Fund, John Hancock Disciplined Value International Fund, John Hancock New Opportunities Fund1, and John Hancock Fundamental All Cap Core Fund and were made effective on July 1, 2019.
08/30/2019
Arthur J. Gallagher & Co. Acquires University Services Business of Garnett-Powers & Associates Insurance Services, Inc.
Steve Johnson and his associates will continue to operate from their current location under the direction of Norbert Chung, head of Gallagher's Western region employee benefit consulting and brokerage operations.
08/29/2019
Apollo and Athene to Acquire PK AirFinance From GECAS
Alec Burger, GE Capital President & CEO, said, “Apollo’s vast lending experience, complementary platforms, and exceptional track record across diversified assets and geographies make it the ideal partner to accelerate PK AirFinance’s
08/27/2019
Texas-based investment firm Invests in Cicero Capital Partners
The firm’s AUM as of 1 July, 2019, is approximately USD77 million.
08/26/2019
Japan’s biggest asset manager to expand into US market
The company, part of Sumitomo Mitsui Trust Holdings , currently has overseas offices in London, Hong Kong and Singapore, with 12, 10 and two staff, respectively.
08/26/2019
Third Point builds stake in Ray-Ban maker EssilorLuxottica - sources
The two sides announced a truce in May, but the company still faces uncertainty as it searches for a CEO that can deliver on the merger’s promised annual savings of 600 million euros.