09/13/2016
Morgan Stanley Brokers, with $2.2 Billion in Assets, Depart
Departure is latest example of finance veterans leaving traditional brokers for independent investment-advisory firms
Alternative Investments
09/13/2016
Self-Storage REIT Extra Space Announces CEO Change; Kirk and Margolis to Speak at BAML Conference
Kirk will continue to serve on the Extra Space board of directors.
09/13/2016
Four reasons to be wary of Emerging Markets, despite the 2016 rebound
But market expectations are now pointing to a probability of a further US rate rise before year end.
09/13/2016
China and World Bank form firm to fund Africa projects
The joint investment firm intends to adopt a multilateral strategy for infrastructure finance like the Asian Infrastructure Investment Bank and the New Development Bank also known as the BRICS Bank which have nearly 60 nations as shareholders.
09/13/2016
Fidelity’s Workplace Retirement Business Adds $65 Billion in New DC Assets in the First Half of 2016
This high level of demand is in response to employees asking for more financial wellness solutions.
09/13/2016
BNY Mellon's Pershing Adds Mesirow Financial to its Retirement Plan Network to Expand Fiduciary Offerings
New offering will provide broker-dealers and advisors with better oversight of client retirement portfolios and enhance their fiduciary controls and processes
09/12/2016
Sprott Asset Management LP Announces Proposed Mergers and Related Investment Strategy Change, Name Changes and Sub-Advisor Change
Sprott Asset Management LP manages assets primarily for institutions, endowments and high net worth individuals and is the investment manager of the Sprott Mutual Funds.
09/12/2016
China, Housing Leave Aussie Banks Losing Out to Canada
Yields on Aussie banks’ dollar debt higher than for Canadians
09/12/2016
Perry’s assets plunge 60% to US$4b as wagers backfire
The fund declined 2.6 percent in the first seven months of this year after losing 12.6 percent in 2015.
09/12/2016
Vanguard flexes its low-cost muscles in Europe
The asset manager continues to steal business from its continental rivals
09/12/2016
Santander says ‘Yes to bitcoin’ in Brazil
The Equity Research paper discusses a meeting on August 23 between local investors and the CEO of Mercado Bitcoin, Rodrigo Batista.
09/12/2016
New Barings Launches Today
The new Barings possesses expanded depth and breadth of expertise across the global fixed income, equity, real estate and alternative asset markets.
09/12/2016
Republic Wealth Partners with ActiveAllocator for Holistic Asset Allocation and Portfolio Construction
ActiveAllocator’s proprietary algorithms build on and optimize the assets an investor already owns.
09/12/2016
Two of Canada's big five banks backing away from marijuana industry
The company, which is currently in the process of obtaining a licence to grow medical marijuana
09/09/2016
Russell Investments selects Qumram for digital record-keeping
It is a privately owned business with clients across Europe and North America.
09/09/2016
United Capital buys Westport Resources Management's private client group
The deal in Westport, Conn., builds on the RIA's presence in New England
09/08/2016
McKinsey buys PriceMetrix
It will continue to develop and deliver SaaS analytics products, and invest in new ones.
09/08/2016
Middle Eastern investors spent more than $500M on Miami CRE in the past 18 months
The recent addition of direct flights to Qatar from Miami International Airport could also help bring in more investment from the region.
09/08/2016
Baltimore's Brown Advisory acquires Austin investment firm
The four-person staff at Blackhaw Wealth Management will join Brown Advisory.
09/07/2016
Aegon Seeks New CFO as Button Departs to Move Back to U.S.
The Hague-based insurer, which gets two-thirds of its income from Transamerica in the U.S., is in the midst of several strategic changes, including buying back stock and lowering expenses.