09/29/2014
The flagship Total Return Fund, the world's largest bond fund, suffered 16 straight months of outflows. The wrangling and the underperformance grated on the executive committee, chaired by Chief Executive Douglas Hodge.
09/29/2014
Former Punk Rocker Is Wall Street's New Bond King
Gundlach, on the other hand, has seen money pouring in
09/27/2014
As we meet with asset management firms who are considering third-party fund administration, it’s clear that certain elements of service have become of greater importance.
09/26/2014
Perella bought the site for about €150-million ($190-million U.S.) from German real estate investor Anno August Jagdfeld
09/25/2014
Goldman Sachs filed a request with the SEC late last week to launch a series of actively-managed exchange-traded funds making it the latest addition to the list of banking giants that have expressed an interest in the rapidly growing investment option.
09/25/2014
Deutsche Asset & Wealth Management today announced its non-traded, daily-valued real estate investment trust, RREEF Property Trust, Inc. has been granted NASDAQ ticker symbols “ZRPTAX” and “ZRPTBX” for its Class A and Class B s
09/25/2014
Lucia Capital Group a family of companies in the wealth advice and asset management space, today announced the signing of a definitive agreement for the purchase of the managed equity and fixed income accounts of West Coast Asset Management
09/23/2014
What do you get for the young man who's already got a safety net made of golden threads brocaded with itty bitty Mercedes-Benzes?
09/23/2014
The global fund will focus on commodity trading and JPMorgan can boost its investment to as much as $500 million
09/21/2014
Peak6 Investments is spinning out its hedge-fund business, selling the unit to its top management.
09/19/2014
An asset manager selling index funds from a leafy suburb of Philadelphia now has about the same amount of assets under management as the entire hedge fund industry.
09/19/2014
If you’re fabulously wealthy and generous to a fault, you might agree to such arrangements in connection with your personal accounts. Maybe the unknown investors deserve, or need, the money more than you.
09/19/2014
Fortress Investment Group LLC paid four of its top executives $63 million last year.
09/19/2014
AIMA’s Council is elected every two years and is comprised of members from its three regions – the Americas, EMEA and Asia-Pacific.
09/19/2014
The deal is expected to close at the end of this month.
09/18/2014
Blackstone targets $7 bln to $8 bln for next TacOpps fund
The first TacOpps fund, which launched in 2012, closed in March on $5.6 billion and included investors such as the California Public Employees’ Retirement System
09/17/2014
This puts the aggregate value of the properties at around US$ 4.06 billion. All the properties are Class A office towers.
09/16/2014
Nuveen Investments, a leading global provider of investment services to institutions as well as individual investors, today announced that the merger of American Municipal Income Portfolio Inc. into Nuveen Quality Municipal Income Fund, Inc. has been app
09/16/2014
Leading Wall Street Strategist Announces Formation Of Fundstrat Global Advisors
He was previously J.P. Morgan's Chief Equity Strategist before founding Fundstrat.
09/16/2014
The California Public Employees' Retirement System, the largest U.S. pension fund, said on Monday that it will pull all $4 billion it has invested in hedge funds because it finds them too costly and complicated.