11/03/2016
Merrill Stops Mutual Fund Sales in Commission IRAs
The firm is phasing commission-based retirement accounts out altogether in April.
Alternative Investments
11/03/2016
WealthPLAN Partners, Nation’s Fastest Growing RIA, Announces New Broker-Dealer, Custodian Relationships
Hybrid RIA with 28 Advisors and $2.2 Billion AUM Selects Securities America
11/02/2016
State Street Global Advisors Survey Finds Increased ETF Use by Advisers
ETFs have a long way to go before they overtake mutual funds in the DC space
11/02/2016
Steven Cohen Poised to Begin Managing Hedge Funds Again
Mr. Cohen’s new investment firm positions him to begin raising outside money as early as 2018
11/01/2016
Calamos Asset Management Inc. Issues Quarterly Earnings Results
The firm’s revenue was down 16.1% on a year-over-year basis.
11/01/2016
Hedge Fund Pioneer Lee Hennessee-Gradante Dead at 64
At the time, Hennessee was also one of the few women in the hedge fund space and was an early supporter of women’s involvement in the industry.
11/01/2016
UBS Asset Management Americas Inc. Maintains Position in Wilshire Bancorp Inc.
UBS Asset Management Americas Inc.’s holdings in Wilshire Bancorp were worth $407,000 as of its most recent SEC filing.
11/01/2016
Square 1 Bank Expands Equity Funds Group
Formerly known as Venture Capital Services, Square 1’s Equity Funds Group focuses exclusively on meeting the unique needs of venture capital and private equity firms.
11/01/2016
Investing Expert Jordan Kimmel Launches FACTS® Asset Management
FACTS® Asset Management will provide clients with a platform to invest
10/31/2016
Real estate managers park assets in new investments
What's more, there is a shift toward investor focus on higher yielding strategies. Value-added strategies are more in favor today, followed by opportunistic investments, Mr. Weill said.
10/31/2016
Metlife looks to exit India insurance venture
It’s not clear whether other investors will look to exit.
10/30/2016
Pioneering hedge-fund manager is found dead at her $1.6 million Florida home hours after police responded to a domestic dispute with her TV finance guru husband
E. Lee Hennessee was found dead in her $1.6m Florida condo Saturday
10/28/2016
US equity income still attractive: SSGA
The possibility of a US rate hike in December shouldn’t deter investors from investing in high-dividend paying US equities, according to State Street Global Advisors.
10/27/2016
SSgA's assets up 6% for quarter despite another quarter of large outflows
Market appreciation for the quarter was $67 billion.
10/27/2016
SimCorp Journal guides on how to assess and mitigate vendor risk
The time is now for asset managers to take stock of their exposure to what is undoubtedly a vast network of third-party providers within the technology and operations ecosystem.
10/27/2016
UK student homes becoming hot property
The boom in the market has been underpinned by the large number of overseas students seeking higher education opportunities in the UK.
10/26/2016
Perceptive Advisors Raises $323 Million Credit Opportunities Fund
The Fund's global investor base includes endowments, family offices, and institutional investors.
10/25/2016
State Street and PIMCO Renew Investment Manager Services Outsourcing Relationship
Agreement Renews Historic 16-Year Investment Manager Services Outsourcing Mandate
10/25/2016
Fiera Capital reports September 2016 preliminary assets under management
Fiera Capital Corporation is a leading North American independent asset management firm with over CAD$112 billion in asset
10/25/2016
Wall Street Firms Lead on Big Brokerage Merger
The deal unites two of the largest discount brokerages in the U.S.