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Alternative Investments

08/24/2014

CalPERS seeks safer path but can’t eliminate investment risk

The nation’s largest public pension fund has reduced its holdings in hedge funds in recent months and is examining whether it should pare back its investments in commodities and possibly other asset classes.

08/22/2014

Citigroup Facing Restrictions On Sales Of Hedge Fund Investments: WSJ

Citigroup said in the letter to hedge fund firms that it was working with the SEC to resolve the issue, the newspaper reported.

08/22/2014

Financial services powerhouse Launches Its First ETF

JPGE tracks the FTSE Developed Diversified Factor Index

08/22/2014

Fall of the Titans: The Story of African Bank and Lehman Brothers

In early August this year, African Bank, the banking arm of African Bank Investments Limited, received a 1.6 billion US dollar bailout by the South African Reserve Bank

08/21/2014

US hedge funds hope to bridge European cultural divide

In Henry James’s late 19th century novel The American, a brash businessman travels to France in search of a wife only to leave defeated by the baffling social mores of the Parisian aristocracy.

08/21/2014

How to run a $1 billion fund after both your co-founders go to jail

What do you do when two of your business partners—among the biggest names on Wall Street—are sent to prison for their involvement in the largest insider trading fiasco in decades, leaving you to manage $1.4 billion of investments in South Asia

08/20/2014

Hedge Fund Assets Drop 0.49% - Flows Still Positive, But Slowing; Macro, Credit Fund See

The July 2014 eVestment Hedge Fund Asset Flows report shows some slowing in hedge fund asset growth and the impacts of outflows from several hedge fund sectors.

08/20/2014

Pundits see shining future for safe-haven gold

Sheltering in gold is back on the table for fund managers who believe that global markets have yet to react fully to new geopolitical issues.

08/19/2014

Asset manager Medley Management files for a $150 million IPO

At the end of June, it has $3.3 billion of AUM, up from $2.0 billion one year ago.

08/19/2014

Deutsche Asset & Wealth Management Renames Exchange Traded Product Suite in the Americas

Deutsche Asset & Wealth Management announced that it has renamed the db X-trackers exchange-traded funds to Deutsche X-trackers ETFs

08/19/2014

Exchange-Traded Fund Accentuates Merger Arbitrage Highs, and Lows

Merger-arbitrage funds aim to eke out steady returns by playing the spreads between a company's market price and the price at which it may be acquired

08/18/2014

Ex-SAC Executive's Hedge-Fund Firm Gets Leucadia Investment

Precise terms, such as the potential ownership breakdown and revenue-sharing details, couldn't be learned.

08/18/2014

Q&A: Fred Reinhardt, leads Espirito Santo Bank in Miami — which is now for sale

Espirito Santo Bank’s chairman and chief executive in Miami shares his views about the latest circumstances of his bank, which is for sale.

08/18/2014

Hedge fund investing strong in 2014

Headline-making cutbacks raising questions, but most investors stay the course

08/17/2014

A Former Top SAC Capital Trader Names New Hedge Fund

Is expected to begin trading by next year, is one of the more anticipated start-ups in the $3 trillion hedge fund industry.

08/15/2014

Cultivation Capital backs Wealth Access

Wealth Access has secured an undisclosed investment from Cultivation Capital.

08/15/2014

Newmark Grubb Knight Frank completes acquisition of Cornish & Carey

We are delighted to announce the completion of this acquisition, which recognizes and builds upon the success of our partnership with Cornish & Carey since 2010

08/14/2014

Puerto Rico creditor group swells to $300 billion in assets

Investors who mainly hold debt backed by the commonwealth's government

08/13/2014

Richey May Expands Alternative Investment/Hedge Fund Division

Financial services CPA firm continues to attract top talent as business grows in key markets

08/13/2014

Banks Crack Open Their Doors to Pot Business Accounts

That’s fewer than 1 percent of all U.S. banks and credit unions, but it’s a sign that marijuana merchants may not be iced out of the financial system.

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