05/12/2014
Deutsche Asset & Wealth Management, Europe’s second-largest exchange-traded product provider, is making a push for assets in the US, bulking up its sales staff and plotting its growth strategy in a market where it ranks 12th.
05/07/2014
American International Group, Inc. reported net income attributable to AIG of $1.6 billion for the quarter ended March 31, compared to $2.2 billion for the first quarter of 2013
05/07/2014
Appaloosa Management founder David Tepper has topped an annual ranking of the highest-paid hedge fund managers in the US published by Institutional Investor’s Alpha magazine for the second successive year, earning $3.5bn in 2013.
05/06/2014
John Llewellyn, who was global chief economist at Lehman Brothers prior to its 2008 collapse, is hoping to make his debut as a macro hedge fund manager aged 69.
05/06/2014
Hedge fund East Lodge, founded by ex-CQS portfolio manager Alistair Lumsden, has opened to external money.
05/05/2014
Principal Financial Group, Inc. announced results for first quarter 2014.. -Operating earnings increased 36 percent to $317.1 million for first quarter 2014, compared to $233.3 million for first quarter 2013. Operating earnings per diluted share increased
05/05/2014
Warren Buffett’s devoted followers made their pilgrimage to Omaha this year amid an intense debate about whether his $300 billion conglomerate Berkshire Hathaway should hand back cash to shareholders, or even one day be broken up.
05/02/2014
Blackstein, who is employed by Toronto-based 1832 Asset Management, continues to run the US mutual fund and ran the Ucits-version of the fund on mandate since its inception.