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Alternative Investments

09/23/2015

Detested ex-hedge funder increases price of pill protecting AIDS, cancer patients 5,000% overnight, drawing outcry

A detested ex-hedge funder's company is charging 5,000% more for a pill that protects AIDS and cancer patients -- a drastic move that came overnight and angered public health officials.

09/23/2015

Fortress Investment is liquidating part of hedge fund arm

Partners fund was created by Fortress to emulate the bets of university endowments and other high-net worth investors.

09/22/2015

CDPQ and leading Mexican institutional investors create co-investment platform to invest in infrastructure opportunities in Mexico

This innovative partnership between leading Mexican financial institutions and a large international pension fund manager constitutes a first in North America

09/22/2015

Willie Nelson's Marijuana Brand Gets Private Equity Backing

We're really excited to partner with someone like Willie, who embodies this spirit of American entrepreneurship and conviction to a cause

09/21/2015

Expertise, growth behind real estate manager acquisition push

Bentall Kennedy deal is latest in move by larger firms to expand offerings

09/21/2015

Euronext partners with Shanghai Stock Exchange on market data

Euronext today announced a partnership with the Shanghai Stock Exchange to enhance the promotion and marketing of its cash, derivatives, commodities and index data in the People’s Republic of China.

09/21/2015

BBH is first custodian live on Omgeo Alert

Omgeo today announced that Brown Brothers Harriman was the first global custodian to go live on the new Omgeo ALERTSM GC Direct service.

09/20/2015

DMS Offshore Investment Services Wins Second Hedgeweek U.S.A. Award

The annual Hedgeweek Global and Hedgeweek U.S.A. Awards recognize excellence among hedge fund managers and service providers around the world.

09/18/2015

Manulife Unit Proposes Change in Mutual Fund Lineup

The proposed changes are subject to security holders and regulatory approval.

09/17/2015

Fidelity Investments Introduces Its First Multi-Asset Income Fund

New Fund Designed for Income-Seeking Investors; Fund Has the Flexibility to Seek out the Best Income Opportunities Around the World and Across Asset Classes

09/17/2015

NewStar to Acquire FOC Partners, Adds $2.3B in Assets

NewStar Financial has agreed to acquire Feingold O’Keeffe Capital, a private alternative asset management firm based in Boston.

09/16/2015

Bond Investors Stand Pat Before Fed Meeting - JP Morgan

The latest figures were close to their four-week and 52-week averages.

09/16/2015

Allen & Co. Shuts $850 Million Arbitrage Fund

Allen is closing the strategy in part because of declining returns for such funds

09/16/2015

US Rate Rise Is "Fraught With Risk " For Investors In Illiiquid Bond Markets, Say AB

Liquidity in financial markets is the ability to buy or sell securities in a timely way at prices acceptable to both buyers and sellers.

09/15/2015

Accelerating Impact Fund Managers to Spur Investments in the Base of the Pyramid

Most accelerators train and invest in startup companies

09/15/2015

Jetting Into The Age Of The Jetsons For Wealth Managers

They want to see all their accounts in one place, and communicate with wealth managers via email or text or even chat.

09/15/2015

Sotheby's International Realty To Expand Luxury Brand Presence Within The Middle East

Increasing our brand presence in the Middle East is yet another example of our commitment to providing the Sotheby's International Realty network's exclusive real estate services in luxury property destinations around the world

09/15/2015

Korea’s Sovereign Fund Emerges As Vocal BofA Dissident

Among shareholders of Bank of America Corp.that are pressing for broader changes to the company’s board, South Korea’s sovereign wealth fund is emerging as a vocal dissident.

09/14/2015

Turner Impact Launches $1B School Fund

The company also invests in workforce housing as part of his social-impact investment strategy.

09/14/2015

Retirement Specialists Control Nearly Half of the $1.3 Trillion Advisor-Sold DC Market

Nearly half of the $1.3 trillion advisor-sold DC market is controlled by retirement specialists

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