08/22/2017
Investor sentiment rebounds, but not for US equities
Investors are also bullish about emerging markets, which coincides with the news that the asset class has outpaced developed market growth.
Alternative Investments
08/21/2017
Norway’s sovereign wealth fund invests $223m in Manhattan office market
Norges Bank paid $223m (€190m) for a 93-year ownership interest in the property.
08/21/2017
Platinum Equity to buy Pattonair from Exponent Private Equity
The company supports blue chip engine and airframe manufacturers and MRO customers with tailored supply chain management solutions.
08/18/2017
BMO Investments Introduces Two New International Funds to Help Canadians Invest Globally
International economies are more diversified by sector and have limited exposure to resource companies compared to Canada.
08/18/2017
US insurers, Bermuda reinsurers face market headwinds
As insurers continue to look to mergers and acquisitions as a route of capital deployment, some recent deals have focused on areas like technology and small and medium-sized enterprises, or SMEs.
08/18/2017
Canada Pension Plan Investment Board Signs Agreement to Acquire Stake in Calpine Corporation
This investment aligns well with our strategy to expand our natural resources portfolio to include power and renewable assets
08/18/2017
Blackstone to buy Harvest Fund Advisors
The transaction is subject to customary closing conditions and is expected to close during the fourth quarter of 2017.
08/18/2017
Fork in the road for Canada and Quebec pension plans
The Canada and Quebec pension plans mostly developed in parallel since the inception of the QPP, but diverging demographic trends have led to policy differences.
08/18/2017
Pershing Square posts poor performance amid Herbalife surge
Bill Ackman’s $4.4bn hedge fund hit by 'adverse investment performance and share buybacks'
08/17/2017
Northern Trust Named Asset Servicing Provider for Boeing Retirement Plan
Northern Trust will provide a range of regulatory and performance reporting solutions, compliance monitoring, derivatives processing and third-party custom cash fund servicing.
08/17/2017
Private Equity Follows the Money
All of which have a seemingly bottomless pit of capital to deploy.
08/17/2017
Minority-owned Holland Capital Management shuts down
Industry trends over the past several years have presented considerable headwinds for long-only active equity manager.
08/17/2017
Vannin Capital launches in New York
The US has long had a very efficient market for plaintiff-side legal services in the contingency fee model.
08/17/2017
CalPERS Flexes its Proxy Muscles
According to CalPERS’ governance and sustainability principles, the system’s principles have evolved from a guide to proxy voting in public markets, to a broader statement of its views on best practices.
08/16/2017
Prudential sells US broker-dealer network for $325m
The transaction has closed after receiving all necessary regulatory approvals and the transition is expected to be completed by the end of the first quarter of 2018.
08/15/2017
Hedge-fund honchos including David Tepper are loading up on Alibaba
Moore Capital and Tiger Global Management disclosed a slight decrease in their holdings of Alibaba in the second quarter.
08/15/2017
Pershing Square says ADP CEO misled board on talks with hedge fund
The hedge fund had proposed three nominees to ADP's board last week.
08/15/2017
Investment management firm VanEck seeks to launch bitcoin ETF
The fund will also invest in US Treasury bonds, money market funds, and cash, among others.
08/15/2017
Commentary: Hedge fund land: An expensive amusement park?
Hedge funds have come under extreme criticism lately for their expensive fee structure
08/14/2017
Former Linsalata trio sees 'opportunity' in own firm
It's all about the opportunity.