04/27/2017
New York State Common Retirement Fund commits $275m to KKR Asia Fund III
This transaction marks New York State’s second commitment to an Asia-focused fund this year.
Alternative Investments
04/27/2017
Invesco to Acquire ETF Specialist Source
Invesco will acquire ETF provider Source. Shares are gaining on the news.
04/26/2017
Janus Shareholders Approve Merger with Henderson Group
The result will be an organization that is well-positioned to provide world-class client service, gain market share and further enhance shareholder value.
04/25/2017
This Hedge Fund May Be Poised to Create the Most Billionaires
Laufer joins Simons among world’s richest on Medallion returns
04/25/2017
Canada Pension Plan Investment Board and Baring Private Equity Asia sign agreement to privatize Nord Anglia Education, Inc. for USD 4.3 billion
Canada Pension Plan Investment Board and funds affiliated with Baring Private Equity Asia
04/25/2017
Minnesota Foundations Tie $17 Million To Impact
The lead institutions are the McKnight Foundation, Bush Foundation and the Otto Bremer Trust.
04/24/2017
Kennedy-Wilson Holdings Set to Acquire European Subsidiary
The company would be able to boost dividends by 12 percent following the transaction.
04/24/2017
CI Investments joins Responsible Investment Association as associate member
CI became a signatory to the UNPRI in February 2017 , which involves implementing its principles for responsible investment.
04/23/2017
Styles of investing
Active managers need to overcome the fees associated with their management style.
04/23/2017
Butler students launch Bermuda-based captive insurer
We’re the first university I know of to have a student-run captive.
04/22/2017
Many fewer independent fund directors in Europe than the US
Quarter of boards that oversee European mutual funds have no independent director
04/21/2017
eVestment: March Inflows Largest In 20 Months As Macro, Quant Strategies Favored
The company’s research also suggests potential consolidation trend in the industry is starting, with 52% of funds gaining assets while 48% lost assets.
04/21/2017
HighTower's Richard Saperstein and Leo Kelly Named to Barron's Top 100 Financial Advisors
The Treasury Partners team manages more than $11 billion in client assets and is based in New York City.
04/20/2017
Baird reports record 2016 revenue
Assets under management drive growth
04/20/2017
KKR, Stone Point to Buy Focus Financial Majority Stake
The selling shareholders include current private equity investors as well as several employees and wealth management affiliates of Focus, the company says.
04/20/2017
Raymond James strikes $172M deal to buy Kansas City investment manager
Upon closing of the transaction, Scout Investments and its Reams Asset Management division will become a wholly-owned subsidiary of Carillon Tower Advisers, with projected combined assets under management and advisement in excess of $60 billion.
04/19/2017
Virtue Asset Management Marks Successful First Year With Opening of Second Office in Chicago
The mission of Virtue Asset Management is to help clients grow and protect the wealth they've worked diligently to accumulate — without incurring needless risk.
04/19/2017
Fidelity predicts wave of consolidation among asset managers
Popularity of passive vehicles is putting pressure on investment groups’ margins
04/18/2017
Elliott's BHP Billiton hit shows activist hedge funds target Australia
They have generally targeted only a few small and medium companies for underperformance or perceived governance problems.
04/18/2017
The Swiss Helvetia Fund, Inc. Announces Director Nominations And Resignations
In addition to Mr. Ricciardi and Ms. Hoysradt, Claus Helbig, a current Class II Director of the Fund, will stand for election at the 2017 Annual Meeting.