02/18/2019
M&A activity in fund sector breaks 11-year record
Sale of Oppenheimer to Invesco is largest transaction as number of deals hits 253
Alternative Investments
02/15/2019
Hedge Funds From Appaloosa to Third Point Slash Stocks: 13F Wrap
Some came from losses amid market volatility while others resulted from stock sales to reduce risk or meet client redemptions.
02/15/2019
Government reveals cost of thawing half a million expats' frozen state pensions over next five years - £3bn or 0.3% of its pension budget
However, this average cost of just over £600million a year over the next five years is just 0.3 per cent of the £165.8billion total the UK Government spent on pensions in the last financial year.
02/15/2019
The 10 Best-Paid Hedge Fund Managers Made $7.7 Billion in 2018
James Simons, Ray Dalio, Ken Griffin lead Bloomberg’s ranking
02/15/2019
The 10 best paid hedge fund managers made US$7.7b in 2018
The Bloomberg Billionaires Index’s inaugural ranking of hedge-fund wealth lays bare a truth about the business that, for many, defines what it means to be rich.
02/13/2019
Saudi Wealth Fund Plans San Francisco Office
Qatar Investment Authority, Mubadala already have U.S. hubs
02/13/2019
Goldman Sachs Asset Management’s Acquisition of Aptitude Investment Management
Aptitude’s team will remain in Seattle and Vancouver.
02/12/2019
Giant US teacher's pension backs new female- and minority-led activist fund with $250 million
Wolfe explained in a press release on Monday that the new fund's strategy will be to make long-term investments while being engaged with management teams and boards
02/11/2019
Brock Pierce is looking to launch a $5 million VC fund to invest in Puerto Rico-based entrepreneurs
Brock Pierce, the crypto investor, plans to launch a VC fund aimed at investing in Puerto Rican startups
02/11/2019
TPG closes latest regional buyout fund for Asia at $4.6 billion in commitments
Since launching TPG's first Asia focused fund 25 years ago, the private equity firm has invested a combined $11 billion in 88 investments across 13 countries in the region, the news release said.
02/07/2019
Lion Street Nabs $1.3 Billion RIA from FSC Securities
Lion Street has created a refreshing cultural environment that allowed its management to see the real value our team could bring
02/06/2019
Franklin Templeton's bond chief says expects at least two Fed rate hikes in 2019
She said in a note that the $750 billion fund manager’s view on China has become somewhat more pessimistic than it has been historically.
02/05/2019
The top 5 most affordable places to retire abroad
"It's a little counter-intuitive — people always assume that to retire on a tropical beach, for instance, you have to have millions in the bank," she told CNBC.
02/05/2019
Gannett rejects takeover bid by hedge fund-owned Digital First Media
MNG has earned a reputation for imposing deep cuts at its newspapers — even in an era defined by painful newsroom layoffs — and Gannett journalists had been alarmed by the announcement of the takeover bid.
02/05/2019
Lion Street Lands $1.3 Billion RIA with CSENGE
New partnership will benefit both firms, giving families better financial outcomes
02/05/2019
Daroth Capital Advisors Merges with East Wind Advisors
The firm initially covered the Education Technology & Services and Media & Entertainment sectors and then expanded to service clients in the Consumer & Retail sector.
02/05/2019
Legg Mason outlines plan to cut costs, lower headcount
US fund house seeks to save $110m over 3 years
02/05/2019
Canadian pension returns retreat in 2018: RBC Investor & Treasury Services
The first quarter with a loss since Q3 2015
02/04/2019
Barclays Launches Colony Capital Fundamental US Real Estate Index
We are very excited to be partnering with Colony to deliver an innovative, fundamentals-focused Index to our clients
02/01/2019
Brookfield just finished raising its largest real estate fund to date
The $15B fund is second-largest ever to close in private real estate