10/23/2014
After three years as co-CEO with Schwab, founder of the San Francisco brokerage and investment firm, and two years as the sole boss, Pottruck got called into Schwab’s office and unceremoniously fired.
10/23/2014
The industry has also faced challenges as regulators have pushed more derivatives trading onto electronic platforms in a bid to make the market more open and safer. Low interest rates also have dampened market volatility, adding to brokers' woes.
10/23/2014
iCapital Network has created a comprehensive platform that enables qualified investors and their advisors to see over 2,000 private equity funds
10/22/2014
Raymond James Financial Inc is preparing to offer exchange-traded funds free of transaction fees, ratcheting up its competition for assets against similar programs in place at Charles Schwab Corp and TD Ameritrade Holding Corp.
10/22/2014
Deutsche Asset & Wealth Management said Tuesday that DB Private Equity has closed its latest secondary opportunities fund at its hard cap of $1.665 billion.
10/22/2014
Fortress Minerals Corp. is pleased to announce that it has entered into a definitive share purchase agreement to purchase a 100% interest in the Fruta del Norte Gold Project located in Ecuador from Kinross Gold Corporation for total consideration of US$24
10/22/2014
This is the first unhedged European dividend ETF in Canada and has a management fee of 0.49 per cent. The ticker symbol "RPD" represents Canadian-dollar-denominated units, while the ticker symbol "RPD.u" represents U.S.-dollar denomina
10/22/2014
After snapping up luxury condos and commercial properties in New York and Los Angeles, Asian investors are now training their eyes on U.S. apartment buildings.
10/21/2014
The arrangement of private equity funds tends to limit access to them.
10/21/2014
Wafra Investment Advisory Group, Inc. and Greenstone Equity Partners have forged a strategic alliance to introduce Wafra's institutional investment platform to GCC-based investors.
10/21/2014
Charles Schwab & Co. is advising Schwab Private Client customers to move their assets out of the PIMCO Total Return fund.
10/21/2014
Company officials say they plan to invest $750 million, mostly in the US, during the next 18 to 24 months.
10/20/2014
The author of Recognizing the Opportunity: Wealth Management, Estate Planning and Life Insurance and a founder of Private Wealth magazine.
10/17/2014
The deal, if finalised, would enable Goldman to introduce passively managed and actively managed exchange traded funds within months.
10/17/2014
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
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
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
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 officials on Wednesday tabled a proposal to move up to 15 percent of the city's $20 billion pension portfolio into hedge funds.