08/18/2015
Korean Sovereign Fund Asks Elliott to Stop Investing in Korea
Request follows activist hedge fund’s proxy fight involving Samsung’s controlling Lee family
Alternative Investments
08/15/2015
Big deal: takeover fever returns as memories of the crash recede
Warren Buffett’s largest ever buyout is just the latest example of a resurgence in the merger market that might break records set before the financial crisis
08/14/2015
Billionaire Gerald Ford buys big stake in two Henry S. Miller Cos. properties in Dallas
The decision to sell a stake in the properties feeds into Miller's strategy of repositioning the firm for the future.
08/14/2015
Julian Robertson's Second Dalliance With Investors Disappoints
Robertson's personal fortune has more than doubled to $3.4 billion since 2000, and his Tiger Management is as strong as ever
08/14/2015
TPG Files to Raise $460 Million in Buyout Vehicle IPO
The offering figure includes $60 million that underwriters may sell if demand exceeds $400 million.
08/14/2015
A hedge fund billionaire is throwing a $2,700-per-ticket fundraiser for Chris Christie this weekend
Christie has struggled to catch up in the election money race after a relatively poor showing in the early stages of his campaign.
08/12/2015
Fiera Capital Expands Distribution in the US With New $540 Million 401(k) Mandate
Nino said SEI’s market leadership and expertise in CITs made it the natural partner to help Fiera Capital’s U.S. affiliate leverage the vehicle’s advantages.
08/12/2015
China Slowdown Has Some U.S. Investors Moving to Consumer Stocks
Even with the slowing growth, there's still more money in people's pockets
08/12/2015
Contrafund Cautious on Commodities, More Optimistic About Internet Companies
His philosophy is that stock gains follow earnings growth.
08/11/2015
Deutsche Asset & Wealth Management’s US X-trackers Platform Surpasses USD 20 Billion in Assets Under Management
Deutsche Asset & Wealth Management’s global exchange-traded platform launched in 2006, and is the world’s fifth largest ETF provider with approximately USD 76.9 billion in assets under management.
08/11/2015
Sliced White Labels Alternative Investments Platform For RIAs
The product is also white-labeled to allow an RIA to incorporate their own branding.
08/11/2015
Community Bank opens new wealth management office
The deal will lead to some layoffs. More than 60 jobs at Oneida will be cut.
08/11/2015
SEB Implements Axioma Risk™ As Its Global Enterprise-Wide Risk Management Platform
Axioma Risk enabled SEB to address one of the most vexing problems facing risk managers: a lack of alignment between the risk-management team and the investment team.
08/11/2015
Lincoln Financial Network Announces 2014 Planners of the Year
Jack Friel, Mike Lockwood, Peter MallerSelected Among Thousands Affiliated With LFN
08/11/2015
Chinese buyers making mark on Vancouver’s luxury housing
The new data offer fresh granularity into Vancouver’s cosmopolitan housing market, where the average cost of a detached house has soared to $2.23-million
08/10/2015
BlackRock hopes big data can revive active equity funds
The goal: to arm its portfolio managers with data to give them an analytical advantage.
08/10/2015
Japanese investors may add U.S. munis to portfolios
Some pension clients not overly concerned about eventual rate increases could be attracted to munis because of their relative stability in “flight-to-quality” situations
08/10/2015
Warren Buffett closes in on his biggest deal
Its shares have fallen 19.5 per cent since the start of 2015 and closed at $193.88 on Friday.
08/10/2015
Man Group grows on shift to institutional focus, acquisitions
The turn came in part with Man's acquisition of GLG Partners, which was “very much an institutional business
08/10/2015
SEI Trust Company and Fiera Capital Corporation's U.S. Affiliate Partner to Provide International Equity Collective Investment Trust in U.S.
Leading Third-Party CIT Trustee, SEI Trust Company Helps Fiera Capital Achieve Another Milestone in Its U.S. Strategy