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Alternative Investments

02/28/2017

This ex-UBS PM found a real gold mine

So we took our business to UBS and had a good run there.

02/28/2017

One of Asia's top trading firms is shutting down a large chunk of its US business

The firm will continue to offer execution and trading services, including: sector trading, ADR trading, portfolio trading, electronic execution and commission management

02/28/2017

F.N.B. Corporation Receives Final Regulatory Approvals for First National Bank of Pennsylvania and Yadkin Bank Merger

The merger between FNB and Yadkin creates a premier regional banking franchise that extends from the Mid-Atlantic to the Southeast

02/28/2017

Hedge Fund Investors Seek to Reduce Their Exposure

More investors look to decrease their hedge fund investments in 2017 than will increase them, but pressure is not being felt equally across the industry

02/28/2017

NMS Capital Group Launches Real Estate Private Equity and Advisory Business Unit NMS Capital Realty Advisors, LLC

Formalizing a dedicated real estate private equity, investment and advisory business division was a natural progression'.

02/28/2017

Boutique Financial Advisor Reaches Milestone in Service Volume

After working for multinational advisory firms for over a decade, Socha and Bull recognized a shift in demand away from all-in-one financial firms

02/27/2017

Platinum Partners Saga Reignites Concerns About Cayman 'Beach Boards'

They are among the most prominent practitioners of what critics call the “jumbo” model – where professional directors sometimes sit on hundreds of boards at once.

02/24/2017

Discount pricing could lure more RIAs to outsource asset management

First Ascent Asset Management, which is billing itself as the first flat-fee asset manager, charges just $500 per adviser client

02/24/2017

UBS, Morgan Stanley Teams in Texas Merge into Independence

Icon, whose partners were managing about $750 million of client assets, “immediately becomes one of the largest financial advisory firms in Texas

02/24/2017

SS&C GlobeOp Forward Redemption Indicator

Movements in the Indicator reflect investor confidence in their allocations to hedge funds.

02/24/2017

Emerging market valuations look ‘extremely cheap’ to this fund manager

Valuations on a number of different measures look extremely cheap.

02/24/2017

Fulton Market block selling for more than $65 million

If the deal is completed, it would be the latest example of longtime business owners in the area, particularly food distributors

02/24/2017

$3.7 Billion hedge fund

But there are also a bunch of reasons to be optimistic.

02/24/2017

Invesco Launches Four Simple, Convenient Single-Ticket Multi-Asset Allocation Portfolios

The Invesco Global Solutions team is dedicated to designing goal-oriented, multi-asset strategies seeking improved risk-adjusted returns.

02/24/2017

KPMG plans to add 500 more Chicago jobs

The number of local professionals has increased 27 percent at both KPMG and Deloitte since 2012.

02/24/2017

As Traditional Strategies Grow Obsolete, Two Former Military Officers Launch Artificial Intelligence-Based Hedge Fund

The hedge fund industry is a crowded space and the barriers to entry are high.

02/24/2017

A hedge fund millionaire took a stand for his anti-Trump beliefs, and he could lose his job

He told Gregory Zuckerman at the Wall Street Journal that his boss, hedge fund billionaire Robert Mercer, recently called him to inquire about those disagreements.

02/24/2017

Legal & General’s US Pension Risk Transfer Business Sees Continued Expansion in 2016

Legal & General's entrance into the US PRT market is one that combines over thirty years of PRT expertise in the UK with its proven US investment capabilities.

02/23/2017

Goldman Sachs hands Maple bondholders sweet gift with surprise redemption

The bonds jumped by about 1.76 cents to as much as 100.376 cents on the news.

02/23/2017

EPIC's Brian Tanner, Mary Grandy and Tony Lorber Honored as Risk & Insurance Magazine 2017 'Power Brokers'

The brokers awarded Power Broker recognition are judged based on their problem solving, customer service and industry knowledge.

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