12/03/2013
Moelis Said to Plan CLO Unit Amid Highest Volume Since ’07
Moelis & Co., the advisory firm founded by Kenneth Moelis, is seeking to set up a collateralized loan obligation business
Alternative Investments
12/02/2013
Hedge funds launching traditional long-only strategies in direct competition with asset managers
Deutsche Bank has published the results of a survey which examines the expanding role of hedge funds within the wider asset management industry.
12/01/2013
Tor Investment Management Announces Strategic Partnership
Pan Asian Credit Platform Led by Industry Veterans Offers an Institutional-Quality Approach to an Attractive Opportunity Set in Asian Markets
11/27/2013
Partnership of Lexington Asset Management and Kaufman Realty Group Purchases 312-Unit Apartment Complex in Atlanta
The new ownership group plans to upgrade the property through physical improvements and improve the resident experience by providing professional management.
11/26/2013
Temasek Goes to Bollywood
An arm of Singapore’s sovereign wealth fund, Temasek, has bought into India’s thriving, flamboyant movie industry, known to the world as Bollywood.
11/26/2013
Bitcoin Breaks Through The $1,000 Barrier
Value of virtual currency has risen fivefold since the beginning of the month
11/26/2013
ETF Asset Growth Hits Nearly 5% in October
In the November 2013 issue of The Cerulli Edge - U.S. Monthly Product Trends, Cerulli provides special coverage of investor education, value-add topics, and alternative investments. November's Monthly Spotlight takes a close look at Acadian Asset Man
11/26/2013
Manulife Investments announces dissolution of Copernican International Financial Split Corp
Copernican Financial Split will redeem all Class A Shares and Preferred Shares on December 2, 2013.
11/26/2013
Carlyle to buy Canadian asset manager
It will make an initial payment of $33 million and an additional $70 million in deferred payments over a seven-year period for the Canadian company.
11/24/2013
Nuveen, Incapital team up to offer new equity unit trust
Unit investment trusts are a twist on the traditional mutual fund.
11/21/2013
Goldman Sachs Said to Seek Buyer for Uranium Unit
Goldman Sachs Group Inc. put its uranium trading unit up for sale as prices for the radioactive metal fall and regulatory scrutiny of banks’ commodity activities increases
11/20/2013
Instinet Enhances Commission Management Platform
Instinet Incorporated today announced three new developments around its award-winning commission management platform
11/20/2013
SS&C GlobeOp Forward Redemption Indicator: November Notifications 5.09%
The SS&C GlobeOp Forward Redemption Indicator for November 2013 measured 5.09%, up from 3.36% in October.
11/19/2013
JOHCM Plans US Launches For Next Leg of Business Expansion
Chief executive Gavin Rochussen said JOHCM is planning to add at least two new US teams over time.
11/17/2013
Thoma Bravo invests in Chicago asset manager
Financial terms of the deal, including what size ownership stake Thoma Bravo will own, weren't disclosed.
11/16/2013
Pimco's El-Erian to Step in To Shore up $3B Multi-Asset Fund
Fund based on co-CIO's book launched in 2008 severely trailing peers
11/14/2013
SS&C GlobeOp Hedge Fund Performance Index up 1.06 per cent in October
Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.16 per cent in November.
11/13/2013
100 Women in Hedge Funds Raises $1.27M For Charity
The funds will benefit Best Buddies International, a global nonprofit that creates opportunities for one-to-one friendship, integrated employment and leadership development for people with intellectual and developmental disabilities.
11/10/2013
Beware the fund managers who flatter to deceive
Don’t fall for the tricks and end up paying high fees
11/10/2013
Pershing brings institutional investment research to broker-dealers, advisers
The development of this solution is a direct result of an increasing number of advisors seeking additional resources as they continue to shift their business toward advisory.