10/20/2014
Why 10 Percent of Life Insurance Agents Have A Lock On The Ultra-High-Net-Worth Market
The author of Recognizing the Opportunity: Wealth Management, Estate Planning and Life Insurance and a founder of Private Wealth magazine.
Alternative Investments
10/17/2014
Goldman Sachs in talks to acquire ETF provider IndexIQ: sources
The deal, if finalised, would enable Goldman to introduce passively managed and actively managed exchange traded funds within months.
10/17/2014
Lucia aquires West Coast Asset Management office, key staff
West Coast Asset Management, the alternative investment firm founded by Paul Orfalea and family member Lance Helfert, is merging with a San Diego-based money manager.
10/17/2014
Private equity adviser, CEO settle with SEC over fee allocations
The Securities and Exchange Commission said that Clean Energy Capital LLC and its founder and CEO Scott Brittenham had settled the matter without admitting or denying the charges.
10/13/2014
US hedge fund Elliott Advisors pays unnamed London executive £38m
Elliott’s UK division paid only £1.3m in corporate tax last year, less than the average £1.35m paid to its 53 employees
10/13/2014
Janus Capital Group acquires ETF Product Provider
This acquisition positions Janus within the rapidly growing rules-based and active ETF universe
10/10/2014
Billionaire to Reward Ethical Behavior
Starting next year, some of the managers and analysts at Stamford, Connecticut-based Point72 Asset Management LP can earn an extra bonus of as much as 4 percent of compensation if they demonstrate adherence to the firm’s compliance policy and ethica
10/09/2014
San Francisco Pension Officials Halt Proposal to Invest In Hedge Funds
San Francisco officials on Wednesday tabled a proposal to move up to 15 percent of the city's $20 billion pension portfolio into hedge funds.
10/08/2014
Big Brokerages Stay With Pimco for Now
Investors withdrew $23.5 billion from its Total Return fund last month
10/08/2014
Ex-Millennium Manager Seeks $150 Million for New Fund
Daniel Gotvald, a former Millennium Management LLC money manager, is starting Livingston Capital Partners LLC, named after the fictional protagonist of a 1923 book about trading that’s considered a Wall Street classic.
10/08/2014
Deutsche Bank Said to Explore Selling U.S. Real Estate
Deutsche Bank is seeking to take advantage of rising real estate values and investor appetite for higher-yielding debt
10/07/2014
MUFG Union Bank, Guggenheim Investment Advisory Announce Global, Strategic Alternative Investment Partnership
The Private Bank is an exclusive part of MUFG Union Bank dedicated to the financial needs of high net worth individuals, non-profit organizations, business owners, corporate executives, and professional service firms.
10/06/2014
Vanguard’s $3 Trillion Man
Especially in the past couple of years, investors have flocked to index and exchange-traded funds, Vanguard staples.
10/06/2014
Global banks join hands to set up one-stop bond shop
A group of 12 global banks are working together to set up a one-stop bond shop for buyers and sellers of corporate bonds
10/06/2014
European and American Banks Consider One-Stop Bond Shop
A group of European and American banking giants as well as a dozen or so asset managers are reportedly working together to set up a one-stop bond shop for buyers and sellers of corporate bonds.
10/03/2014
Goldman considering setting up new infrastructure fund
When Goldman last raised an infrastructure fund in 2010, it met with lukewarm demand.
10/02/2014
Neuberger Berman acquires Orchard Square hedge fund
The transaction is expected to close on December 31, 2014.
10/02/2014
Pershing Square hedge fund raises over $3bn in Amsterdam float
Members of the management team at Pershing Square purchased an extra $129m in shares.
10/02/2014
Investors hedging their bets with a bar of gold or two
Minted bars, which range from 1 gram to 100 grams, took the lion's share of the increase, rising 37 per cent to 12,238 ounces, with investors in Germany and the US the biggest buyers.
10/01/2014
Investing in Bitcoin: Gauging the Fair Value and Future Price of Bitcoin
Gil Luria, managing director of equity research for Wedbush – and co-author of several analyst reports on the digital currency — believes 2014, in spite of some monumental setbacks, has been another step in the right direction for bitcoin.