12/16/2015
Salman Partners investment broker to shut down
In this environment, Salman Partners has made the decision to voluntarily resign from IIROC.
Alternative Investments
12/15/2015
Centaurus Diamond Engages Investment Banking Firm, NMS Capital Advisors, LLC
NMS Capital has been working with the Company's senior management over the past nine months
12/15/2015
Blackstone Capital Partners VII Raises $18 Billion
Blackstone’s private equity business manages more than $91 billion in equity as of the end of the third quarter 2015.
12/15/2015
What Led to the Demise of Third Avenue’s Focused Credit?
The firm said it will pay out a distribution to shareholders on Dec. 16
12/15/2015
MUFG acquires UBS AFS business
MUFG Investor Services completes acquisition of UBS Asset Management's Alternative Fund Services business.
12/15/2015
Ex-JPMorgan exec Blythe Masters is raising a new round for her blockchain startup
While financial institutions have made it easier to make trades, actually exchanging securities and money between the two parties, a process known as settlement, takes days.
12/15/2015
Global Financial Private Capital Ranked Among Top 100 Registered Investment Advisors of 2015 by WealthManagement.com
The rankings are based on total assets under management and represent the largest advisory firms nationally.
12/15/2015
Battered, Apologetic and Still Pitching Their Hedge Funds
Some lost so much of their investors’ money this year that they have written apology letters.
12/15/2015
Large Asset Managers Follow Rebound in Junk Bonds
High-yield debt reverses some of the steep declines seen in recent days
12/15/2015
UC names Sacramento tech, sports entrepreneur to lead $250 million investment fund
As reported earlier this month, the fund is designed to support innovative research at the multi-campus university system.
12/14/2015
Dubai’s Palm Jumeirah set for LA-style ‘super villas’
The trend for lavish villas and mansions has already proven to be controversial in Los Angeles
12/14/2015
MAC the knife: when does a MAC kill a deal?
These clauses are obviously resisted by sellers, who want certainty, but can be very important to buyers who are otherwise at risk of being obliged to proceed with what turns out to be a bad deal.
12/14/2015
Mackenzie Investments launches a suite of investment pools tailored exclusively for affluent Canadians with a multi-boutique investment manager approach
The pools will be serviced under Mackenzie Private Wealth Solutions, providing superior service and features.
12/14/2015
Junk-Bond Selloff Spills Over to European Assets
Redemptions, risk aversion hit European high-yield bonds
12/11/2015
Nomura, Left Behind in U.S. Mergers Boom, to Hire Senior Bankers
Japan’s biggest brokerage plans to recruit managing directors and executive directors who have clients in the technology, consumer and health-care industries
12/11/2015
RBC – Royal Bank of Canada: RBC Global Asset Management Inc. announces fund name change
The investment objectives and strategies of the fund have not changed.
12/10/2015
Manulife Asset Management Awarded Mandate from MD Financial Management
Firm awarded assets in excess of Cdn$8 Billion in four fixed income solutions
12/10/2015
Personal Capital hires investment bank to find buyer, funding - peHUB
The hybrid robo is going into Series E funding round
12/09/2015
Investors Want a Robo With a Human Touch
Investors prefer robo advisors that have some kind of human element, a new study found.
12/09/2015
BNY Mellon launches Multi-Strategy Absolute Return Fund
The new Fund is designed to incorporate the institutional-quality investment and governance processes that apply to all of Insight's absolute return range.