04/12/2018
Pimco Accused of Discrimination, Retaliation by Female Executive
Stacy Schaus says younger men got promotions, were paid more
Alternative Investments
04/11/2018
Columbia Threadneedle Investments expands municipal bond offerings
They are available on several platforms.
04/11/2018
Hedge funds increased their bets against Facebook before Zuckerberg testimony
IHS Markit forecasts short interest in Facebook to have totaled 29.2 million shares on Friday, up from 25.9 million in mid-March.
04/11/2018
Schonfeld Strategic Advisors to acquire Folger Hill Asset Management
Folger Hill has a total of about 100 employees and manages roughly $1 billion in assets.
04/10/2018
New systematic fixed income fund offered by AQR Capital Management
The company also said the fund should “generate excess returns that are uncorrelated to fixed income markets, other fixed income managers, as well as equity markets.”
04/10/2018
Crestpoint completes $500 million in property acquisitions
Since its inception in 2011, the Crestpoint Core Plus Strategy has consistently added value for its clients and generated strong annualized returns.
04/10/2018
Prime Meridian Capital Management Announces New Fund Launch: The Prime Meridian Special Opportunities Fund
Prime Meridian Capital Management a Registered Investment Advisor (RIA) specializing in marketplace lending strategies across three alternative credit verticals in four funds, today introduced the Special Opportunities Fund.
04/10/2018
Invest team chooses Commonwealth despite wooing by rival CEOs
Commonwealth, the No. 4 independent broker-dealer by revenue, has added 29 advisors with $15.6 million in revenue from Invest parent National Planning Holdings since the LPL deal.
04/10/2018
Last commodities hedge funds go off beaten track
As profiting from fuels, crops and metals becomes harder, funds look to broader trends
04/10/2018
US RIAs struggle to manage private alternative investments, says survey
When asked whether clients questioned fees for managing a private internal fund, RIAs said that "double-dipping" was a chief concern.
04/09/2018
Closet tracker funds face tougher regulatory scrutiny
Thirteen US managers to disclose how far their active funds deviate from benchmark
04/09/2018
Aberdeen Greater China Fund, Inc. Announces Distribution
This distribution is comprised of $0.26008 per share of net realized short-term capital gains and $1.06573 per share of net realized long-term capital gains.
04/06/2018
Intercontinental Exchange Agrees to Acquire Chicago Stock Exchange
Terms of the transaction were not disclosed, and the financial impact will not be material to ICE or impact capital return plans.
04/05/2018
Combined Insurance Receives Award for Business Excellence
Daily Herald Business Ledger recognizes the company's growth and community commitment
04/05/2018
Blackstone Is Said to Weigh Bid for Soros-Backed Spanish property company
Hispania shares rose as much as 5.2 percent and were up 1.3 percent at 3:41 p.m. in Madrid, giving it a market capitalization of around 2 billion euros ($2.5 billion).
04/04/2018
Here Are the Allocator Finalists for Institutional Investor’s Hedge Fund Industry Awards
The top hedge fund allocators and managers will be honored at the 16th annual Hedge Fund Industry Awards dinner hosted by Institutional Investor and II’s Alpha.
04/04/2018
Blackstone’s Strategic Partners raises $1.75 bln for infrastructure-focused secondary fund
Verdun Perry, Senior Managing Director and Co-Head of Strategic Partners, said: “We have one of the widest footprints in all of private equity.
04/01/2018
Wall Street experiments with marijuana investments
Former Bear Stearns broker sets up legal cannabis industry networking business
03/30/2018
Want to Keep Your Wine Collection Safe? Store It in a Bomb Shelter
Horse Ridge, though, has a hook the others cannot match: It stores wine in its nuclear bomb shelters.
03/30/2018
Former Houlihan Lokey banker Patricof to launch his own firm
The new firm will launch in April with four professional