07/11/2016
Global ETF assets under management set to exceed $7 trillion by 2021
The global ETF market has a bright future ahead but the next few years will not be without their challenges.
Alternative Investments
07/11/2016
U.K. Hedge Funds Look to European Watchdog to Ease Brexit Fears
The opinion will be closely scrutinized by London-based fund managers because it could become a template for when Britain exits the EU.
07/08/2016
Mitsubishi UFJ Financial to Invest in Bitcoin Venture Coinbase
To ramp up operations in Asia, Coinbase is set to raise about $10.5 million from investors on Friday including MUFG’s core banking unit and an MUFG venture-capital fund, bank officials said.
07/08/2016
Banks Get Another Reprieve From Volcker Ban on Private Funds
Under that second requirement, investment banks such as Goldman Sachs Group Inc. and Morgan Stanley have been selling off their stakes before the clock runs out.
07/08/2016
Hedge-Fund Manager Fired After Hamptons Pool-Party Fundraiser Ends With Stolen Art And Damaged Furniture
He is no longer employed by Moore Capital Management.
07/08/2016
Goldmoney Announces Acquisition of Schiff Gold Inc. and Formation of Joint Venture with Renowned Gold Investor Peter Schiff
Generates Significant Value for Shareholders; Expected to be Highly Accretive to Revenue and Gross Profit Growth Per Share Post-Closing
07/07/2016
US Luxury Apartments Average 40% Higher Rents
That gap has widened from about 37% in the second quarter of 2013.
07/07/2016
Canada Life stops trades of its U.K. property funds after Brexit
Pound's fall has pushed down value of U.K. assets, leading investors to try get money out
07/07/2016
COMEBACK: Goldman Sachs Tops SWFI Financial Advisory League Table for H1 2016
This is a sharp decline from the US$ 126.7 directly invested in the first half of 2015.
07/07/2016
Northern Trust expands mutual fund services for correspondent bank clients
By consolidating mutual fund processing, clients will have a single outlet for all asset reporting and settlement.
07/07/2016
State Street Closes the GE Asset Management Deal
SSGA and its clients will benefit highly from the deal.
07/06/2016
It's All About the Fees, Fidelity
It’s easy to see why Fidelity felt like it had to do something.
07/05/2016
SJL Capital LLC Lauches Its Maiden Hedge Fund, SJL MarketDNA Hedge Fund LP
The new launch began trading in May and has a live track record. It is currently domiciled in California.
07/05/2016
Billionaire Diniz Foresees Big-Ticket Deals With Brazil on Sale
The optimism echoes a speech he made in New York last November, when he said Brazil was “very cheap for foreign investors.”
07/05/2016
Tencent Woos Investors to Join Clan Buying Supercell
Deal values Finnish games company at $10.2 billion
07/05/2016
Hedge funds to U.S. refiners: produce more diesel, less gasoline: Kemp
At the same time, hedge funds were running one of the smallest net long positions in gasoline contracts in the past decade.
07/05/2016
Pension fund loses 5 trillion won on ‘Brexit’
During the same period, investments on bonds have increased from 302.4 trillion won to 304.4 trillion won.
07/04/2016
William Ackman lays off 10% of staff in his hedge fund firm
The report said those who were given the pink slip were eight lower-level employees who were involved in the hedge funds’ investor services.
07/04/2016
American financial services firm MIK Fund Solutions creates 10 jobs at Belfast base
Access to high calibre software development and finance professionals, and relevant time zones will help us grow the business
07/04/2016
RBC completes sale of RBC General Insurance Company to Aviva Canada
RBC Insurance offers life, health, home, auto, travel, wealth and reinsurance advice and solutions, as well as creditor and business insurance services