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Alternative Investments

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

07/03/2016

An $8 billion hedge fund suddenly imploded — here's how it played out

That's even as some on Wall Street were backing away from Visium.

07/01/2016

Chesapeake Partners to shut hedge fund, cites M&A woes

The Lerners said they are returning clients' money to manage only their own.

07/01/2016

Advisory firms threatened by attrition as advisers retire or go independent: J.D. Power

The number of advisers considering going independent doubled to 12% in 2016, from just 6% two years ago

07/01/2016

Norman Mains, WaveFront’s Chief Investment Officer, Dies at 72

Last August, Mains joined WaveFront after more than 45 years as an economist and investment adviser.

07/01/2016

How Investors Should Manage Their Money When Brokerage Accounts Close

Investors who chose to switch their brokerage accounts or are forced to close one can decide if they want to transfer or liquidate their assets.

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