03/09/2015
A hedge fund reportedly fired a trader because he was IM'ing another trader at Steve Cohen's firm
O'Grady, 36, used to work at Sigma Capital Management, an SAC Capital subsidiary
Alternative Investments
03/09/2015
Elizabeth Bramwell, ex-Gabelli Growth Fund manager, dies at 74
Ms. Bramwell died on March 7 after collapsing during her weekly badminton game. The cause was a blood clot.
03/06/2015
McCormack's 'Tiger' hedge fund to shutter
Tiger Consumer Management, the nearly 15-year-old hedge fund firm led by Patrick McCormack and with close ties to Julian Robertson's Tiger Management, is shutting down at the end of March
03/04/2015
Deimos Asset Management Launches Hedge Fund Management Business
The three Managing Partners of Deimos have extensive experience in the investment industry and have worked together in prior organizations.
03/04/2015
Nuveen Eyes ETF Comeback
Nuveen Commodities Asset Management is looking to convert the Nuveen Diversified Commodity Fund
03/04/2015
World’s largest asset manager toughens stance on boards
Asset manager signals it may oppose U.S. corporate directors’ re-election
03/03/2015
Lebenthal Asset Management Acquires Interest in Woman-Owned AH Lisanti Capital Growth--Company to Be Renamed Lebenthal Lisanti Capital Growth
Acquisition Continues Growth of Firm's Assets Under Management
03/02/2015
Institutions Pour Cash Into Bond ETFs
Move to exchange-traded funds comes as big investors deal with bond-trading challenges
03/02/2015
Warren Buffett knows who next Berkshire CEO is
Warren Buffett, the billionaire CEO of Berkshire Hathaway, expects even better times ahead for his company
03/02/2015
Kuwait sovereign fund says cutting U.S. investments, raising Europe
The Kuwait Investment Office (KIO), the London branch office of sovereign wealth fund Kuwait Investment Authority (KIA), is gradually reducing its overweight stance on U.S. assets after keeping that position for seven years
03/02/2015
Hedge fund Kerrisdale says Webster should consider spin-off
Hedge fund Kerrisdale Capital on Monday urged Webster Financial Corp. to consider spinning off its health savings business from its core banking operations
02/27/2015
BNY Mellon Investment Management, Standish and Amherst Holdings Announce Formation of Real Estate Credit Management Platform
BNY Mellon Investment Management announced today that it has partnered with Amherst Holdings, LLC, a leading financial services provider to institutional investors in the mortgage and structured finance sectors, to launch Amherst Capital Management LLC (A
02/27/2015
Concept Capital Markets receives Best North American Prime Broker Award from Hedgeweek for second consecutive year
Concept Capital Markets, LLC named Best North American Prime Broker by Hedgeweek Global Awards in its 2015 reader nominated survey
02/26/2015
Insurer for wealthy now accepting Delaware members
PURE offers broad insurance plans with higher limits than typically offered by standard carriers, according to company information.
02/26/2015
Billionaire divorce: How Ken Griffin made his fortune
Today he's one of the wealthiest managers in the hedge fund world.
02/26/2015
Wells Fargo brings veteran's top US equity strategy to UK
The investment approach for the U.S. Select Equity Fund, a new sub-fund for the Luxembourg-domiciled Wells Fargo (Lux) Worldwide Fund, is a style-neutral, all-cap strategy.
02/25/2015
Legg Mason in takeover talks with non-US targets
Legg Mason's chief executive Joe Sullivan said the firm is in talks to buy two businesses that are both not based in the US.
02/25/2015
Fidelity Investments Aligns Clearing and Custody Units
Sanjiv Mirchandani appointed president of Fidelity Clearing and Custody Michael Durbin appointed president of new Fidelity Wealth Technologies group
02/25/2015
RBC to Provide Currency Liquidity on EBS Direct Venue
RBC as an LP will further bolster this growth and give customers access to a leading liquidity provider in both major and emerging market currencies.
02/25/2015
Hedgies Stumble Upon the Brilliant Idea of Investing in Apple
It found, first of all, that all those “sophisticated investors” would have been better off stashing their money in basi