06/01/2015
Raymond James To Acquire Producers Choice
Raymond James Financial, Inc. announced today that it has reached an agreement to acquire The Producers Choice, LLC
Alternative Investments
05/29/2015
Preqin: 92% of hedge fund industry capital concentrated among top 11% of fund managers
The 570 firms that make up the $1bn Club, hedge fund managers that have amassed at least $1bn in assets, now control $2.78tn in assets out of the total $3.16tn* for the industry
05/29/2015
BlackRock has No Interest in Buying a Retail Brokerage - CEO
BlackRock Inc, the world's largest asset manager, has no intention of buying a retail brokerage firm
05/29/2015
Jefferies Is Poaching the Big Banks’ Loan Business With Help From the Fed
Welcome to the new world of leveraged loans
05/28/2015
Are Alternatives winning versus traditional investing in Boston?
Especially since the financial crisis, clients have wanted more protection of capital or less volatility or less correlation with the markets overall, and this has certainly picked up more recently.
05/27/2015
Longtime investment banker launches new venture
Private equity is usually someone else’s money
05/26/2015
Hedge Fund Strategy: Behringer Securities and Meritage Capital To Team Up
Meritage Capital will lead the investment strategy for each fund that they manage.
05/25/2015
Fortress Investment Group and Mount Kellett Capital to Form Strategic Alliance
Agreement for Fortress to Co-Manage Mount Kellett Funds
05/22/2015
Pimco Launches New Target-Date Equity, Fixed-Income Funds
Pimco's RealPath Blend funds' "explicit focus on downside risk management"
05/22/2015
Savant Capital Picks Up Chicago-Area RIA
Orion’s acquisition is latest in a string of deals completed by Savant
05/22/2015
SimCorp and Thomson Reuters Enhance Users' Access to Pricing, Reference Content
Adapter Brings Configurable, Transparent DataScope Pricing & Data Solution to SimCorp Buy-Side Clients
05/22/2015
US asset management firm becomes Nintendo's top shareholder
Capital Research manages foreign pension funds for mid-to long-term investments
05/21/2015
Hedge Fund Vultures to the Rescue in Puerto Rico
Hedge funds aren’t popular, but they’re perceived in some circles as the last, best hope for the island
05/20/2015
Prudential Starts Retail Hedge-Fund Wager at Quantitative Unit
The minimum initial investment for the new Prudential fund shares is $2,500
05/20/2015
Hedge fund manager - internships not always the best thing
Before starting on Wall Street, Novogratz served in the military as a helicopter pilot in Alabama
05/20/2015
Clinton takes another swipe at hedge fund managers for earnings
Clinton, the Democratic front-runner for the presidential nomination in 2016, has previously criticized hedge fund managers as examples of the income disparity she says she wants to end
05/20/2015
CalPERS And QIC Announce US$764 Million Asia-Pacific Infrastructure Partnership
The partnership represents CalPERS' first Asia-Pacific infrastructure commitment and adds another of the world's largest pension funds to QIC's infrastructure client base.
05/19/2015
Asset manager sees gold in grass; starts PE pot fund
As various forms of legalized marijuana use spreads across the country, firm tests the limits with fund that will invest along the entire marijuana supply and distribution chain
05/19/2015
Cohen’s Point72 Buys Into Biggest Oil ETF Before Rebound
The ETF surged 22 percent this quarter as oil futures rebounded from a six-year low
05/19/2015
Palico grabs $7.3 mln
New York and Paris-based private equity marketplace provider Palico has secured $7.3 million in equity funding. The investors were not named.