05/06/2015
Islam Meets Wall Street
Since Islamic law prohibits the charging or paying of interest, sukuk transactions often look more like equity than debt
Alternative Investments
05/05/2015
SEI Launches Institutional Catholic Values Funds
New Funds Support Principles Set Forth by the Catholic Church
05/04/2015
Buffett warns on reinsurance industry as hedge funds pile in
Warren Buffett, the billionaire chairman of Berkshire Hathaway, said he expects a slump in reinsurance results in the coming decade as investors enter the market
05/04/2015
Value investor Parag Parikh dies in a car crash in US
The CEO of the PPFAS AMC was at Omaha, Nebraska, to attend Warren Buffett’s talk as part of Berkshire Hathaway’s 2015 annual meeting
05/04/2015
Buffett Sees Reinsurance Slump
Competition has driven down prices, while low interest rates pressure bond portfolios.
05/03/2015
Macquarie revives talks with Jefferies on precious metals business -sources
Australia's Macquarie Group Ltd is looking to recruit the precious metals trading team of Jefferies Group LLC's commodities brokerage, two sources familiar with the matter said on Friday.
05/01/2015
Kelso & Company and Estancia Capital Management Complete Acquisition of American Beacon Advisors
We are excited to begin the next phase of our growth story with Kelso and Estancia
05/01/2015
NYC Seeks Diversity Among Its Asset Managers
Comptroller Scott Stringer cites data showing superior performance by more-diverse firms
04/30/2015
Global X Launches Guru Activist Fund To Provide Investors With Access To Largest Activist Campaigns
Traditionally, activist investors purchase a large number of shares in a company with the objective of accumulating enough voting power
04/30/2015
Dreyfus and The Boston Company Launch MLP Mutual Fund
Nicholson added that this has been attractive asset class for the last decade.
04/30/2015
Activists hedge funds actually good for investors
Activist hedge funds, on the whole, do good work, but the best results come from those with the deepest pockets
04/29/2015
Ameriprise To Buy Florida-Based JHS Capital
The firm’s 150 advisors operating across the U.S. are expected to join one of the existing channels at Ameriprise
04/29/2015
Corvex Partner to Launch New Activist Fund
Mr. Graziano joined Corvex when it was founded in 2010 by Keith Meister.
04/29/2015
Thornburg Named "Global Core Equity Manager" of the Year
Thornburg Investment Management, Inc., a leading global investment management firm and active portfolio manager, is pleased to announce it has been named manager of the year in the Global Core Equity category for Institutional Investor's 2015 U.S.
04/29/2015
How to fake 80 hour work weeks and get promoted. Hedge fund personality tests
Writing in Harvard Business Review, she describes how, like corporate finance professionals, the consultants were expected to be constantly ‘on'
04/29/2015
BlackRock at odds with its investors over shareholder rights
BlackRock, the world’s largest asset manager, is pressing companies in its portfolio to give their shareholders a right to nominate directors
04/28/2015
"Marijuana Week" in D.C.
Cannabis Investment Forum & Pitch Sessions April 30th and May 1st
04/28/2015
IMCA Unveils New Applied Behavioral Finance Course
The program will provide 15–20 hours of continuing education credit
04/28/2015
Israeli firm pays $13M for Fort Lauderdale’s Merrill Lynch Plaza
Israeli real estate firm Netz USA acquired the Merrill Lynch Plaza office building in Fort Lauderdale for $13.1 million
04/28/2015
Bermuda Promotes Captive Insurance to Canadian Industry
A 15-strong delegation of Bermuda industry, government and regulator representatives will take part in a Canada roadshow next week, targeting top-level executives and touting the corporate benefits of setting up a captive insurance company in Bermuda