10/02/2018
RL360 pushes LatAm expansion with Uruguay office
“Opening up in Montevideo really illustrates how importantly we view the Latin American market."
Alternative Investments
10/01/2018
72-year-old Fidelity bets on the future with blockchain, virtual reality and AI
The firm, which administers more than $7 trillion in customer assets, spends $2.5 billion a year on tech through Fidelity Labs and its Fidelity Center for Applied Technology.
09/30/2018
Meet the Dallas developer amassing discounted estates through auctions
Mehrdad Moayedi won Sam Wyly’s Aspen home in an auction at 75 percent its asking price
09/28/2018
Nikko Asset Management and ARK Investment Management launch disruptive innovation UCITS fund
ARK is an affiliate of Nikko AM via an equity stake
09/28/2018
Five NFP Advisers Named to 2018 Financial Times 401 Top Retirement Adviser List
Rankings are a testament to providing best-in-class retirement services to NFP's valued clients
09/28/2018
Seven Northwestern Mutual Advisors Named to 2018 Financial Times 401 Top Retirement Plan Advisors
The FT 401 distinction follows the recognition of 12 Northwestern Mutual Wealth Management advisors on the 2018 Financial Times' 400 Top Financial Advisors list as well as Northwestern Mutual's ranking as the sixth largest independent broker-dea
09/28/2018
Harbinger hedge fund manager to pay $30 mln in New York tax accord
The Harbinger manager “deliberately dodged paying its fair share of taxes,” Underwood said. “Tax evasion forces ordinary New Yorkers to shoulder the bill.”
09/28/2018
PGIM Investments expands active ETF platform with the launch of a new high yield bond fund
The PGIM Active High Yield Bond ETF is managed by the same PGIM Fixed Income team that manages the 5-Star Overall Morningstar-rated PGIM High Yield Fund as of June 30, 2018, an actively managed open-end fund that has also earned Morningstar’s Gold A
09/27/2018
Big Pension Dives Into Risky Loans
CPPIB views the investment in CLOs—which use cash to buy below-investment-grade corporate loans—as an attractive way to boost returns on its leveraged-loan investments, a plan spokesman said
09/27/2018
BNY Mellon's Lockwood Nearly Doubles the Number of Strategists on the Managed360® Program
Model portfolio programs are proving instrumental in that regard as they can help financial advisors manage investor goals and scale business.
09/26/2018
Epsilon Asset Management Announces Partnership with Novus
Epsilon Asset Management (“Epsilon”) today announces a collaborative partnership with Novus to develop and manage systematic active equity strategies based on public data for institutional investors and family offices.
09/26/2018
Pershing plans 10 model portfolios for LatAm advisors
It is expecting to roll out the offshore model portfolios by early 2019.
09/26/2018
Stifel & Hong Kong’s Everbright Sun Hung Kai Establish Cross-Border Partnership
"It is also an extension of our international footprint, enabling us to fulfill our commitment to serve our clients' needs globally."
09/25/2018
Victory Capital to acquire Harvest Volatility Management
Victory Capital's integrated multi-boutique business model will enable Harvest to continue to employ its structured and disciplined investment process while remaining an independent brand.
09/25/2018
BlackRock Completes Acquisition of Asset Management Business
With 10 years of experience in the Mexican market, BlackRock will now offer a full range of local and international investment solutions for clients there.
09/24/2018
Infrastructure funds make bold bet as investor demand runs on
Two new products are aiming to raise a combined $40bn from yield-hungry institutions
09/21/2018
Official Tapped by Biggest U.S. Public Pension Fund Worked for Predatory Chinese State Investment Fund
America’s largest public pension fund has tapped a manager of China’s predatory investment fund as its next chief investment officer.
09/21/2018
Former CEO of AB and Generali launch disruptive asset manager
Aperture Investors is another important milestone in Generali's multi-boutique strategy launched last year
09/20/2018
Bank of America to sell alternative operations with $20 billion to iCapital
The operations for feeder funds pool client money to invest in hedge funds and private equity
09/19/2018
Canada’s CDPQ acquires 40% stake in CLP India
The move is in line with the pension fund’s aim to boost its low-carbon investments, and also gives it exposure to a key Asian market.