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Alternative Investments

04/07/2015

Galva Investment to acquire Franklin Bank

Galva Investment will acquire Franklin Bancshares

04/07/2015

UBS to offer clients clearing member services for Nodal Exchange

Nodal Exchange, LLC announced today that UBS Securities, LLC, through its LCH.Clearnet Ltd membership, is now offering clients Clearing Member services for Nodal Exchange

04/07/2015

Billionaire Cohen Said to Sell $25 Million Dubuffet ‘Paris’

Billionaire money manager Steven A. Cohen is selling a dense, vibrant 1961 Jean Dubuffet painting valued at $25 million

04/06/2015

Lipper Names ’15 Fund Award Winners

Top group awards from the research group go to MassMutual Retirement Services and TIAA-CREF

04/02/2015

ACE and BlackRock Announce Launch of ABR Re

The reinsurance market is undergoing cyclical and structural changes

04/02/2015

2015 U.S. Lipper Awards Focus on Funds with Steady Returns

Sixty-eight funds were recognized for leading their categories on a risk-adjusted basis

04/02/2015

Canada’s newest exchange promises to thwart high frequency traders

Aequitas NEO Exchange erects ‘speed bumps’ it says will eliminate advantages of high speed trading

04/01/2015

CIFC Wins Private Debt Investor's 2014 CLO Manager of the Year

Winners were determined from more than 3,000 votes cast by eligible voters in the private debt community.

04/01/2015

Veritas Wealth Management Opens PlanMember Financial Center in Anchorage

Chad and his wife Tiffany, both Anchorage natives, have four children. He is also joined in the business by his father, Steve.

04/01/2015

Cohen's private investments deliver strong 7.5 percent gain in Q1

Federal prosecutors forced Cohen to shut down his hedge fund SAC Capital and return money to outside investors after the fund pleaded guilty to insider trading charges.

04/01/2015

Neuberger Berman Strategic Income Fund, Built For Evolving Fixed Income Markets, Passes $2 Billion In Assets

According to fund tracker Morningstar Inc., the performance of the Fund's NSTLX share class, rated 4 stars overall as of February 28, 2015

04/01/2015

Western Asset CIO Optimistic About Global Growth Prospects

In the high-yield space, Mr. Leech believes the buzz is all about energy.

04/01/2015

RiverPark Launches RiverPark Focused Value Fund

Berkowitz brings more than 20 years of financial industry experience to his management of the fund

04/01/2015

TIAA-CREF Wins Lipper Best Overall Large Fund Group Award for Third Consecutive Year

TIAA-CREF’s proven research-based investment approach dates back to the firm’s founding in 1918

03/31/2015

Dreyfus and CenterSquare Launch Global Infrastructure Mutual Fund

Investors should consider the investment objectives, risks, charges and expenses

03/31/2015

Here Comes a New Wave of Billion-Dollar Hedge Funds

Hedge fund investors aren’t giving up just yet

03/30/2015

Paul Lenkeit, Babson Capital’s Chief of Derivatives, Dies at 55

Before ever working in a trading room, Lenkeit started in the 1980s to teach himself the basics of investment management

03/30/2015

Merrill Lynch's Michael Koppenhaver recognized by Barron's magazine

Quantitative and qualitative measures used to determine the advisor rankings

03/30/2015

Goldman slaps JPMorgan in commodities as rivals retreat

Goldman Sachs earned back its place as the largest bank by commodities revenue as competitors including JPMorgan Chase scaled down or abandoned the raw materials business

03/30/2015

Manulife Investments Makes Change to Portfolio Management Team for Manulife Preferred Income Class

Manulife Investments, a division of Manulife Asset Management Limited, announced that effective today, portfolio management responsibilities for Manulife Preferred Income Class will change with the appointment of a co-lead for the Fund.

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