08/31/2015
University Endowment Returns Fall With Equity, Bond Markets
Endowments aim to achieve about a 7.5 percent return to protect against inflation and provide for university support expenses.
Alternative Investments
08/31/2015
Calpers, Calstrs Want Bank of America to Separate Roles of Chairman, CEO
The California pension funds oppose a bylaw change that would let Brian Moynihan hold both roles
08/26/2015
Shariah Compliant, Globally Diversified
The product, the Azzad Wise Capital Fund, had reached about $50 million
08/26/2015
Loeb ruling raises hurdles for activists
Third Point’s conduct demonstrated that it intended to have more than a passive interest in Yahoo
08/26/2015
Manual swap management still rife, says SimCorp
Combined with a lack of automation, this can lead to poor investments, meaning investors may not get the best returns.
08/26/2015
Kevin O'Leary, Star of Shark Tank, Launches 4 Smart-Beta ETFs
The quality and low volatility requirements are designed to potentially reduce exposure to high dividend equities
08/24/2015
Managers courting new client base
Rising institutional, regulatory pressures are part of the reason
08/23/2015
Hedge funds are shaking up corporate America and Wall Street couldn't be happier
Starboard Value isn't the only activist operating from a recycled playbook in 2015.
08/23/2015
Donald Trump: "The hedge fund guys are getting away with murder"
They're paying nothing and it's ridiculous.
08/21/2015
First Bank of Berne sells trust business
FirstMutual looks for opportunities to grow
08/21/2015
Ramius seeds Caerus Global Investors, takes stake in firm
Ramius also assumed ownership of a stake in Caerus’ business, the size of which is not being disclosed
08/21/2015
Money managers launch new ETFs to satisfy demand
Institutional investors are driving the growth
08/19/2015
SunEdison and investment funds managed by Goldman Sachs announce formation of $1 billion construction and operating asset facility
The decision to add additional warehouse capacity was completed following an analysis by SunEdison
08/19/2015
Apollo Said to Get Caesars Creditor Demand to Abandon Parent
The second-lien group includes Appaloosa Management, Oaktree Capital Group LLC and Tennenbaum Capital Partners, according to a February court filing.
08/19/2015
Investors Shouldn’t Run Out of Carlyle’s Stock, Analyst Says
Private-equity investments are a much more significant driver of Carlyle’s results
08/19/2015
Aventura ParkSquare office condos sell out for $56M
Reservations are being converted to contracts, with a groundbreaking scheduled for the fall.
08/18/2015
SS&C Acquires Citi’s Alternative Investor Services Business
SS&C is one of the leading fund administrators for both onshore and offshore hedge funds, fund of funds and private equity funds
08/18/2015
Robertson’s Tiger to Invest Startup Capital in China Fund Yulan
A number of prominent executives worked under Robertson at Tiger before going on to form their own hedge funds.
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
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