02/21/2014

UK giant snaps up US investment firm in $50m deal

GIA was formed in 1994 to create and market customer centric index target date fund products for the DC market and is investment sub-advisor to the Wells Fargo Advantage Dow Jones Target Date Funds which have $15.6bn(3) of assets.

02/19/2014

Hedge Funds Start 2014 in the Red

According to Preqin’s Hedge Fund Analyst, hedge funds made a loss of 0.17% in January 2014, the benchmark’s first month in negative territory since August 2013.

02/13/2014

Fortress Buys Back Stake From Nomura

The Fortress Investment Group, the first publicly listed hedge fund in the United States, has bought back a stake from Nomura, one of its principal investors.

02/13/2014

Winklevoss Twins Back Aalap Mahadevia’s Hedge Fund

Cameron and Tyler Winklevoss, the twins who achieved fame after they filed a lawsuit against Facebook founder Mark Zuckerberg, immortalized in the movie, “The Social Network," are backing a new hedge fund run by fellow Harvard University gradua

02/11/2014

KKR pulls two funds in retail investor pitch setback

KKR & Co LP disclosed on Monday it would liquidate two funds targeting individual investors, in a blow to the private equity firm's efforts to widen its appeal beyond institutional investors such as pension funds and insurance firms.

02/07/2014

Brokers Now Get Access to Instinct Trading Platform

With broker's commission spent falling in recent years and a subsequent increase in technology costs, Jonathan Werts, head of broker-dealer execution, told Traders that the sellside needed to outsource and defray some of its costs, such as white-labe

02/05/2014

Activist Investor Takes Aim at Helen of Troy

Helen of Troy may not be as famous as its classical namesake. But the consumer company, whose brands include the housewares maker OXO International, may be the subject of a fight all the same.