08/04/2015
CIT Finalizes OneWest Bank Deal
Thain will continue to lead the combined company.
Alternative Investments
08/04/2015
Funded Status of U.S. Corporate Pensions Falls to 86.7 Percent, According to BNY Mellon ISSG
Endowments and Foundations Fail to Meet Targets, Public Plans on Track
08/04/2015
Fund manager AGF targets institutional investors, infrastructure
AGF Management Ltd, one of Canada’s largest independent fund managers, expects its push into the institutional segment and infrastructure-related investments to drive growth over the next few years
08/03/2015
Banking on banking ETFs
Global banks and brokerages, vilified for their role in the global financial crisis and later price-rigging scandals, are back in fashion with investors.
08/03/2015
US hedge fund says China account suspended amid market probe
Securities regulators launched an investigation into automated trading and restricted 24 stock accounts suspected of influencing stock prices but did not name names.
08/03/2015
Blackstone, Fortress among bidders for Japan's Simplex: sources
The second bidding round is expected to close by the end of this month
08/03/2015
RBC Global Asset Management Extends Institutional Pricing and Service Model to Select Mutual Funds
The fund was previously in the 38th percentile for costs within its peer group
07/31/2015
State Street Starts Global Macro Hedge Fund in Alternatives Push
The firm is adding hedge funds and alternative strategies that can be offered to individual investors
07/31/2015
Cargill’s Black River Unit to Liquidate Four Hedge Funds
The closures at Black River, which was started in 2003 and is run by Gary Jarrett, adds to a roster of hedge funds that have liquidated, some after struggling to navigate markets.
07/31/2015
Hedge Fund Management Companies Have ‘Overheated’ Valuations
Man Group CEO eschews mergers because prices are too high
07/30/2015
Global Art Market On Brink Of A Leverage Boom To Drive Further High-End Art Sales
Skate’s Art Market Notes for July highlight that ultra-high net-worth individuals are purchasing more art and the trend is likely to continue.
07/30/2015
Deutsche Asset & Wealth Management Acquires Southern California Industrial Property
"We expect this property to produce strong value-add returns in a core Southern California market for our client."
07/30/2015
Alphaclone Files For Four New Hedge Fund Replication Funds
The ETFs will be passively managed but rely on the proprietary hedge fund position replication methodology developed by the fund’s advisor
07/30/2015
Cowen Group to Acquire Conifer Securities
Expanded Market Opportunity with Emerging and Established Hedge Fund Managers
07/30/2015
Hedge Clippers Protest BlueMountain Capital Over Puerto Rican Debt Crisis
The Hedge Clippers chose to protest at BlueMountain Capital for its "prominent and aggressive role" in Puerto Rico.
07/29/2015
Catalyst Funds To Acquire Auctos Capital Management
Liquid alternative mutual fund company Catalyst Funds has acquired Auctos Capital Management and will convert the Chicago-based firm’s hedge fund, which employs a managed futures strategy, into a mutual fund.
07/28/2015
Cincinnati hedge fund managers raise $60 million for new fund
Hedge funds often open offshore funds to serve their tax-exempt clients
07/28/2015
Former Merrill Executives Reunite to Launch Andres Capital Management
Andres Capital was formed in response and as an alternative to the passive, consensus-driven approaches utilized by many traditional investment management organizations.
07/28/2015
Carlyle Group hedge fund hits bump
A noted financial consultant is advising clients invested in Claren Road to pull their money out
07/28/2015
Chris Hohn's Activist Hedge Fund Has Big First Half Of 2015
Chris Hohn, the London-based activist hedge fund manager, has been having one of the stronger years in the high-profile activist hedge fund arena.