07/29/2012
Aviva set to sell US division at £800m loss
The arm is now valued at £1bn.
07/29/2012
The arm is now valued at £1bn.
07/29/2012
They will be the collector uncirculated Silver Eagle, the Making American History Coin & Currency Set, and the Annual Uncirculated Dollar Coin Set.
07/25/2012
T. Rowe Price Group Inc., the asset manager that has posted a profit every quarter since going public in 1986, said second-quarter profit rose 0.9 percent, missing analysts’ estimates as slumping global stock markets eroded assets.
07/23/2012
Professional investors such as hedge fund managers are paid handsomely and are expected to find ways to turn average returns into monsters.
07/19/2012
Total assets under management grew to $36.7 billion on 30 June, up from $34.2 billion on 30 December.
07/18/2012
There are four structural reasons why the industry as we know it is dead.
07/18/2012
In tough market conditions, BlackRock, the biggest of all asset managers, has managed to fare well.
07/17/2012
Biggs, who was 79 and a former global investment strategist at Morgan Stanley, died on July 14.
07/17/2012
Introduces Eight More Solutions to Meet Growing Demand for Income and Risk Management
07/16/2012
Kenneth Applegate returns to U.S. to anchor Pacific View Asset Management
07/16/2012
In its response to the US Securities and Exchange Commission (SEC) ahead of the SEC’s implementation of the JOBS (Jumpstart Our Business Startups) Act, AIMA said it supported the legislation’s purpose of improving access to capital and enhanci
07/16/2012
Performance for the Broad Index and its 10 sub-strategies is calculated monthly. June, May and YTD 2012 performance numbers are listed below and are available at www.hedgeindex.com.
07/16/2012
Total operating-basis revenue increased by $23 million, or 1%, compared to the first quarter, driven by the seasonal increase in securities finance as well as growth in the core business, offset partially by weakness in international markets.
07/16/2012
The acquisition will strengthen State Street's global leadership in hedge fund administration and will establish the company as the No. 1 hedge fund administrator globally based on industry survey data
07/12/2012
While many investment banks have moved to the Canary Wharf district in recent years, attracted by large trading floors and cheaper rents, insurers have been the only bright spot in an otherwise moribund lettings market in London's traditional financi
07/12/2012
The firm originates and manages privately negotiated secured loans to predominantly Canadian small- to mid-cap companies that are unable to access credit from conventional sources.
07/12/2012
Plus, Apple's strong brand equity among consumers will keep its products popular in the market. We believe that at 11x forward earnings, the stock is still cheap and offers significant upside potential considering the future growth prospects.
07/11/2012
Junge, who also received a FOR Industry Leadership Award in recognition of his significant contributions to the family office industry, added, "Among our highly respected industry colleagues, Pitcairn is delighted to be recognized as a leader and inn
07/11/2012
Clearwater Analytics will provide daily accounting, compliance, performance, and risk reporting and analytics for the venerable financial services firm's valued clients in the insurance and reinsurance sector.
07/10/2012
The withdrawals compare with net inflows in each of the previous five months and were the highest level of net outflows since October 2009, when clients pulled out 3.76 percent.