08/12/2014
The bitcoin system is widely acknowledged as the most successful attempt yet to create a digital currency operating outside of, and therefore bypassing the fees of, the traditional banking system.
08/12/2014
UBS AG, Switzerland’s largest bank, plans to issue $4.5 billion of bonds in the U.S., according to a person with knowledge of the matter.
08/12/2014
Legg Mason has reported preliminary assets under management of $693 billion as of July 31, 2014.
08/12/2014
Provides individual investors with a way to diversify across alternative investment managers and strategies in a single portfolio solution
08/11/2014
That takeover followed a rocky period for the firm
08/11/2014
This change will affect all open-end funds, closed-end funds, the Variable Insurance Portfolios (VIPs) currently named “DWS,” and the db X-trackers exchange-traded funds (ETFs).
08/10/2014
The United States Mint has made the decision to suspend sales of the 2014 50th Anniversary Kennedy Half Dollar Gold Proof Coins at all four retail locations where the coins had previously been available.
08/08/2014
Antaeus Wealth Advisors will provide age-appropriate educational material and teaching tools.
08/08/2014
Three other sub-funds will be launched in the near future: Ivy Global Investors Mid Cap Growth Fund, Ivy Global Investors Large Cap Growth Fund and Ivy Global Investors Science and Technology Fund.
08/08/2014
The new math means hedge funds essentially have to justify their use of banks’ balance sheets
08/08/2014
Fortress Worldwide Transportation and Infrastructure Investors Reaches Cap of $995 million
08/07/2014
Adjusted operating income at the insurer's asset management business rose about 16 percent to $200 million.
08/06/2014
Waterfall Asset Management, the $2.9 billion New York-based credit hedge fund, has launched a pair of Caymans-based funds.
08/06/2014
Swiss alternative asset manager continues American energy push
The Houston office would become its 18th global office.
08/05/2014
The addition of these two funds highlights a developing trend among emerging managers
08/05/2014
US hedge fund latest to line up tax inversion move
A US HEDGE FUND has become the latest in a string of companies seeking to acquire a UK rival in order to set up a foreign tax centre.
08/05/2014
The New York-based firm will even manage money pro bono for foundations and underfunded pensions for up to 25 percent of the firm’s assets.
08/05/2014
The Fund had in excess of USD 600 million in assets at the end of second quarter 2014.
08/05/2014
The offerings of both Harris and Harris Wealth Management Group and Pax Investments of the Pax Ellevate Global Women's Index Fund reflect the pertinence of this type of commitment to women within the finance industry.
08/03/2014
Carlyle Group, the US private equity firm in which Abu Dhabi’s Mubadala Development Company owns a 7.5 percent stake, announced its second-quarter earnings doubled from a year earlier as one of its European buyout funds started paying performance fe