08/15/2014
Cultivation Capital backs Wealth Access
Wealth Access has secured an undisclosed investment from Cultivation Capital.
Alternative Investments
08/15/2014
Newmark Grubb Knight Frank completes acquisition of Cornish & Carey
We are delighted to announce the completion of this acquisition, which recognizes and builds upon the success of our partnership with Cornish & Carey since 2010
08/14/2014
Puerto Rico creditor group swells to $300 billion in assets
Investors who mainly hold debt backed by the commonwealth's government
08/13/2014
Richey May Expands Alternative Investment/Hedge Fund Division
Financial services CPA firm continues to attract top talent as business grows in key markets
08/13/2014
Banks Crack Open Their Doors to Pot Business Accounts
That’s fewer than 1 percent of all U.S. banks and credit unions, but it’s a sign that marijuana merchants may not be iced out of the financial system.
08/13/2014
Where To Invest Your Business Assets – Hedge Funds vs Family Offices
But, is that move genuinely necessary?
08/13/2014
US hedge fund bet against African Bank in 2013
African Bank has engaged in risky lending practices such as very large unsecured loans
08/13/2014
State takes $300 million pension gamble on Casino owner
The investment deal is complex.
08/12/2014
Ladenburg to Buy KMS Financial for $24 Million
Ladenburg Thalmann said it would acquire KMS Financial Services, a Seattle-based independent broker/dealer with about 325 advisors and $14 billion in assets, for $24 million in cash and stock.
08/12/2014
A Crypto Currency Backed By Gold? How Retail Gold Investors Can Benefit From Bitcoin's Technology
The bitcoin system is widely acknowledged as the most successful attempt yet to create a digital currency operating outside of, and therefore bypassing the fees of, the traditional banking system.
08/12/2014
UBS Said to Plan $4.5 Billion Offering of Bonds in U.S.
UBS AG, Switzerland’s largest bank, plans to issue $4.5 billion of bonds in the U.S., according to a person with knowledge of the matter.
08/12/2014
Legg Mason Reports Assets Under Management and Flows For July 2014
Legg Mason has reported preliminary assets under management of $693 billion as of July 31, 2014.
08/12/2014
BlackRock Launches Multi-Manager Alternative Strategies Fund
Provides individual investors with a way to diversify across alternative investment managers and strategies in a single portfolio solution
08/11/2014
Carillion/ Balfour offers up 'David vs Goliaths' tussle for Oriel
That takeover followed a rocky period for the firm
08/11/2014
Deutsche Asset & Wealth Management Renames Retail Product Suite in the Americas
This change will affect all open-end funds, closed-end funds, the Variable Insurance Portfolios (VIPs) currently named “DWS,” and the db X-trackers exchange-traded funds (ETFs).
08/10/2014
US Mint Suspends JFK Gold Coin Sales at All Retail Locations
The United States Mint has made the decision to suspend sales of the 2014 50th Anniversary Kennedy Half Dollar Gold Proof Coins at all four retail locations where the coins had previously been available.
08/08/2014
Antaeus Teams With Ex-NBA Star To Teach Financial Literacy
Antaeus Wealth Advisors will provide age-appropriate educational material and teaching tools.
08/08/2014
Ivy Investment Management Finalizes Adoption of Selector Management Fund SICAV
Three other sub-funds will be launched in the near future: Ivy Global Investors Mid Cap Growth Fund, Ivy Global Investors Large Cap Growth Fund and Ivy Global Investors Science and Technology Fund.
08/08/2014
How Hedge Funds Can Adapt As Wall Street Puts on the Squeeze
The new math means hedge funds essentially have to justify their use of banks’ balance sheets
08/08/2014
Fortress Announces Successful Close of Transportation and Infrastructure Fund
Fortress Worldwide Transportation and Infrastructure Investors Reaches Cap of $995 million