10/21/2016
UPDATE 2-BNY Mellon may be a player as asset management sector tightens
BNY Mellon Corp could be in the hunt for an acquisition
Alternative Investments
10/21/2016
TriState Capital to Accelerate Growth of Its Chartwell Investment Partners Subsidiary Through Transaction with Aberdeen Asset Management, Inc.
Brings expanded product capability and about $4 billion in client assets to Chartwell as TriState Capital executes strategy to complement strong organic growth of its investment management business with selective acquisitions --
10/21/2016
US asset manager Cohen & Steers initiates UK push
The firm is working on the roll-out of a preferred securities fund.
10/21/2016
MetLife to Phase Out Snoopy Branding as CEO Reshapes Insurer
The company plans to roll out its new logo, featuring and green and blue letter M, through next year
10/21/2016
Debevoise Advises AIG in Sale of Certain Latin America, Central and Eastern Europe Operations to Fairfax Financial and in Strategic Partnership
Competition advice was provided by international counsel Timothy McIver and associate Anne-Mette Heemsoth, both of whom are based in London.
10/21/2016
Brown Advisory to merge underperforming US funds
The firm says the move is to act in the best interest of their clients as the two funds investment approaches are “too similar”, with the US Flexible fund better positioned to generate positive returns.
10/21/2016
Steven Cohen May Return to Hedge Fund Industry When Ban Expires
Steven A. Cohen is one step closer to making his return to the hedge fund industry
10/20/2016
Ex-SAC manager re-emerges with market neutral hedge fund
At the time, Endicott was a small start-up founded by Wayne Goldstein and Robert Usdan, and he was their first employee.
10/20/2016
Saft On Wealth-When "dark markets" are unfair to mutual fund investors
Before new regulations were put into place in 2004, cross trades were on average being done at significantly less advantageous prices than could be had on public markets
10/20/2016
Vision Recognized Amongst Top Funds in Canada
Vision applies a differentiated approach to achieve superior risk-adjusted returns
10/20/2016
JM Catalyst Fund Receives Two 1st Place Awards at the 2016 Canadian Hedge Fund Awards
This is the 6th consecutive year that the Fund has been presented with an award at the Annual Canadian Hedge Fund Awards
10/20/2016
Report Rebukes N.Y. Retirement Funds’ Continued Investments in Hedge Funds
The concerns highlighted in the DFS report are in contrast to actions taken by state pensions nationwide
10/20/2016
American Express said its third-quarter profits fell by 10 percent from
Analysts had been expecting AmEx to earn 97 cents per share, according to FactSet.
10/19/2016
3 reasons the emerging market rally is not over yet
First, emerging markets' macro recovery appears to be gaining strength. This time the boost to growth is not just com¬ing from stimulus in China.
10/19/2016
A $3.8 trillion fund-management giant has a fix for the bond market
It also issued a series of recommendations that are sure to be read with interest by just about anyone involved in bond trading.
10/19/2016
Worst-Kept Secret Catches Up to Fund Managers
So why has the practice survived?
10/18/2016
Why WSFS is pushing into Phila. market with latest acquisition
This is the second wealth management firm WSFS has acquired in the past three months
10/18/2016
BNY Mellon Appointed by Nordea as Custodian for Over $7 Billion of U.S. Assets
The Swedish-based company has an extensive distribution network with approximately 650 branches
10/18/2016
BlackRock Reports Third Quarter 2016 Diluted EPS of $5.26, or $5.14 as adjusted
Fixed income net inflows of $5.1 billion reflected strong flows from insurance clients in the quarter.
10/18/2016
BlackRock expands factor ETF range with the launch of four US equity funds
Factors’ refer to the broad, persistent drivers of risk and return that underlie smart beta strategies. Factor investing can help investors pursue specific outcomes, such as reducing risk or outperforming the market.