01/18/2015
A Hedge Fund With $830 Million In Assets Went Bust After The Swiss Franc Surge
Everest Capital, based in Miami and specializing in emerging markets, still manages seven funds with about $2.2 billion in assets
Alternative Investments
01/18/2015
Independent broker-dealers take aim at the next generation of clients
Millennials, robo-advice and female clients top the IBD agenda
01/16/2015
PNC Financial Profit and Revenue Slip -- Update
PNC Financial Services Group Inc. said its profit slid 2.4% in the fourth quarter, while its revenue declined 3.1%. The results, however, topped analysts' expectations.
01/15/2015
Nuveen Broadens Global Platform with New UCITS
The objective of the fund is to provide long-term capital appreciation through investments
01/15/2015
Ex-SAC’s Kumin Said to Gather $1 Billion for Hedge Fund Startup
Kumin, whose responsibilities included recruiting, started Folger Hill with Todd Rapp
01/15/2015
Hedge Fund Manager Pledges $1M Prize To Boost Human Lifespan
His new initiative has already attracted 15 teams of scientists
01/14/2015
Aequitas Capital Partners launches the ACP Alts Academy
Alternative investments, a long time staple of institutional investors
01/14/2015
BofA Said to Oust 150 Hedge Fund Clients Under New Rules
Hedge fund managers should expect banks to become more discerning
01/14/2015
Legg Mason BW Global Opportunities Bond Fund Team Nominated for 2014 U.S. Fixed-Income Fund Manager of the Year by Morningstar, Inc.
Brandywine Global Investment Management Global Fixed Income Team Recognized for Prowess in Navigating Bond Markets
01/13/2015
Hedge fund Mason Capital ends 2014 down 12 percent
Mason ended October down 7 percent
01/13/2015
Wealth Management Company Announces Merger
Dillon Wealth Management in Vincennes has merged with a Nebraska firm
01/12/2015
Large Pension Funds Slowly Begin to Dump Hedge Fund
A growing number of large public pensions are beginning to shun hedge funds. This trend gained steam in 2014.
01/12/2015
Keel Point and BlueCreek Investment Partners Announce Merger
Keel Point, LLC and BlueCreek Investment Partners, LLC today announce the merger of their boutique, relational-model wealth management firms to provide family and institutional clients a broader and deeper base of investment and planning capabilities, dra
01/12/2015
Moss Securities Launches South American Hedge Fund
Moss Securities sets itself apart from other brokerages
01/12/2015
IRS Hammers Offshore Lending and Underwriting Structure
The partnership had no employees, and conducted all of its activities through a U.S. manager.
01/11/2015
Treasuries Pare Gains After U.S. Adds More Jobs Than Forecast
Benchmark Treasury 10-year note yields were little changed at 2.01 percent at 8:50 a.m. New York time
01/09/2015
Cantor Fitzgerald Expands Footprint with Office in Birmingham
Cantor Fitzgerald & Co., a leading financial services firm, today announced the expansion of its footprint with the opening of a new office in Birmingham, Alabama
01/09/2015
Royal Bank of Canada Hires J.P. Morgan to Help Sell Swiss Operation
Royal Bank of Canada has hired J.P. Morgan to run a sale process for RBC Suisse SA, its Swiss wealth-management operations
01/08/2015
Privateer Holdings Announces First Institutional Investor in Legal Cannabis Industry – Founders Fund
Privateer Holdings’ investors consisted solely of ultra-high net worth individuals and family offices
01/08/2015
Morgan Stanley raises about $1 bln for second mezzanine debt fund
The LPs for Morgan Stanley Credit Partners II include unnamed global institutions and high net worth individual investors.