12/15/2017
Wirehouse Exodus Fuels Discount Broker Expansion of RIA Services
The trend of independent RIAs going over to discount brokers for custodian services is likely to continue as more brokers break away from the wirehouses, the Journal writes.
Alternative Investments
12/15/2017
Broker Protocol Helped Ex-Morgan Stanley Advisor Take $1B in Client Assets to New Firm
Had Shaffer and the five other ex-Morgan Stanley advisors who came along with him left after the wirehouse exited the broker protocol in November, Shaffer doubts the transition would have been as straightforward.
12/14/2017
Hedge Fund Pinyon Asset Management to Return All Client Money
The three years since we launched Pinyon has not been one of those periods.
12/14/2017
iCapital Network Closes the Acquisition of the US Private Equity Access Fund Platform from Deutsche Bank
The transaction was completed on December 8, 2017.
12/14/2017
Bitcoin Frenzy Continues: New Blockchain, Crypto Indexes Debut
As bitcoin soars, investors are hearing more and more about blockchain, the centralized transaction record for all cryptocurrencies.
12/12/2017
What Hedge Funds Will Do After the Hedge Fund Model Dies
As long-short strategies take a beating, managers see niches like private debt as fuel for future returns.
12/11/2017
Neuberger Berman Named To Pensions & Investments Best Places To Work In Money Management
Employee responses highlighted the firm's open communication, volunteer spirit and retirement solutions and planning resources, among other strengths.
12/11/2017
Nationwide, J.P. Morgan and Annexus Honored at Indexed Insurance Forum 2017
The award ceremony honored leaders in the indexed product space, including carriers, distributors, product developers and actuaries.
12/07/2017
Buoyant emerging markets face a testing 2018
Big risks are stronger US dollar and a China slowdown that hits global demand
12/07/2017
Triad Advisors Welcomes Continuum Advisory To Its Platform
Move By Firm With $900 Million in Client Assets Highlights Triad's Expertise in Driving Growth For Hybrid Advisors
12/05/2017
State Street Says Short-Volatility Trades Storing Up Trouble
The billions of dollars backing bets that volatility in the stock market will keep sinking lower is “storing up trouble” for the future, State Street's CIO says.
12/01/2017
Nippon Life to buy 25 pct of US asset manager
The transaction is subject to certain required approvals and expected to close by the end of 2017.
12/01/2017
Chriss Is Shutting His $2 Billion Hutchin Hill Hedge Fund
Hutchin Hill Capital, which invests across markets with teams trading different strategies, is the latest in a stream of firms to close this year.
11/30/2017
J O Hambro Capital Management Launches Global Income Builder Fund
JOHCM's Multi-Asset team employs a differentiated bottom-up approach to investing across asset classes
11/30/2017
BNY Mellon Investment Management Launches Multi-Asset Fund
Insight's Matthew Merritt, Steve Waddington and Michael Ford are the fund's primary portfolio managers.
11/28/2017
Scotiabank submits a binding offer to BBVA to acquire its shares in BBVA Chile
If the transaction is completed, Scotiabank's Common Equity Tier 1 capital ratio will be impacted by approximately 100 basis points.
11/28/2017
Portfolio Presentation Tool Helps Advisors Compare And Contrast
The Portfolio Presentation Platform Can Be Used As A Selling Tool For Advisors
11/28/2017
Vanguard to offer its first active ETF lineup in U.S.
Vanguard also said in a statement that one of the funds, as well as a new mutual fund, will use more than one factor in selecting stocks, and that all will begin trading in the first quarter of 2018.
11/22/2017
Soros Sons to Back New Hedge Fund From Ex-Soros Manager
Representatives for the new firm, called Emerging Variant, and the Soros family declined to comment.
11/22/2017
Guardian Capital Group acquires majority interest in Alta Capital Management
The transaction is expected to close in early 2018, subject to regulatory approvals.