12/17/2014

UBS to nominate BlueMountain exec Staley to board

UBS said on Wednesday it would nominate Jes Staley, an executive at New York-based hedge fund BlueMountain Capital Management, to the board of the Swiss bank at its May shareholder meeting.

12/17/2014

Boomers are finding easier access to hedge funds

A generation of investors nearing retirement is increasingly looking at alternative investments, such as commodities, real estate, private equity and hedge funds, not only to reach for higher returns but also to provide a hedge against risk through portfo

12/17/2014

Junk-Bond Investors Facing First Global Loss in 6 Years

The worst monthly performance in more than three years has eroded returns on speculative-grade debt, shrinking the year’s gain to 0.15 percent after ending November at 4.34 percent, according to Bank of America Merrill Lynch index data.

12/15/2014

KPMG expands social media intelligence capability

KPMG Capital, a specialist data and analytics investment fund for KPMG member firms around the globe, has taken a substantial equity stake in Bottlenose Inc., a Los Angeles-based real-time trend intelligence company.