08/17/2016
Investment: Rise of the DIY algo traders
Will tech-savvy amateurs be able to consistently beat the market and take on the hedge funds?
Alternative Investments
08/17/2016
Touchstone Adds Two Funds and New Sub-Advisor
Touchstone created new share classes for the funds, which previously only offered an institutional share class.
08/17/2016
This Billionaire's Hedge Fund Is Said to Be Laying Off 15% of Staff
The firm’s flagship Tudor BVI Global Fund, which makes bets on global trends including currencies and interest rates, has returned an average 18% a year since it began trading in 1986.
08/16/2016
Billionaire Soros' namesake fund doubled down against the S&P 500
Puts are used for a downside bet.
08/16/2016
The Beneficient Company To Acquire Provident Trust Group
Acquisition Accelerates BEN's Entrance Into High Net Worth Space With Addition of 20,000 Clients With Established Self-Directed Retirement Accounts Dedicated to Alternative Investments
08/16/2016
Paul Capital Investors Won't Have To Pay All Those Fees After All
Beneficient also will acquire Provident Trust Group.
08/15/2016
Cerberus to seal bumper Danske mortgage deal
American private equity firm ready to buy bulk of Danish lender’s remaining residential loans
08/15/2016
A Private Equity Firm Dares to Buy in Brazil Amid Recession
Deals involving private equity firms were even more affected, with the total falling 72 percent to $729.5 million, the data show.
08/14/2016
Community First announces joint venture with Raymond James Financial Services
Community First Bank &Trust, based in Columbia, was founded in 1999 by a group of Maury County business leaders
08/12/2016
Eurekahedge Hedge Fund Index Books Fifth Straight Gain in July
One-third of these funds posting double digit gains are long/short equity mandated while another quarter of them are CTA/managed futures mandated hedge funds.
08/12/2016
Fidelity Plans Non-Transparent Exchange-Traded Product
In a filing, investment firm says it is seeking approval to modernize traditional closed-end fund structure
08/12/2016
Brexit vote creates volatility for CPPIB, Canada's largest pension manager
A major drag on Canada's largest pension fund
08/12/2016
A New York private-equity firm has raised what it believes is the largest amount of capital ever to invest in the legal marijuana industry
While the capital itself is still coming from individuals, it's clear that professional money managers are paying close attention to marijuana.
08/10/2016
Invesco's July AUM up 4.1% on Rise in all Asset Classes
The increase was driven by favorable market returns, net long-term inflows, an increase in money market AUM, and inflows in the Powershares QQQs.
08/09/2016
How a 'complete science nerd' broke into Wall Street — and then landed a job in private equity
This summer, he is set to join the medical-device investment team at healthcare venture growth firm Longitude Capital.
08/09/2016
Hedge fund sues AbbVie for scuttling $55B Shire buyout
The AbbVie-Shire merger wasn’t the only big pharma deal to be abandoned for tax-inversion reasons.
08/09/2016
Third Point Reinsurance Notes Largest Profit in Years
All told, the reinsurance company, which receives backing from Loeb's hedge fund.
08/09/2016
Raymond James to Partner with WealthSource
WealthSource had $568 million in client assets at various custodians.
08/08/2016
Gibraltar Capital Management adds Bank of America Corp to its portfolio
Bank of America Corp makes up approx 0.29% of Adams Asset Advisors’s portfolio.
08/08/2016
StepStone Infrastructure and Real Assets Group Completes Integration
StepStone also announces the addition of two new senior executives to the SIRA team.