06/27/2013
Morningstar Announces Findings from 2013 Target-Date Series Industry Survey
Morningstar, Inc announced findings from its Target-Date Series Research Paper
Alternative Investments
06/23/2013
Behringer Harvard investment trust switches to new name
A real estate investment trust originally sponsored by Addison-based investor Behringer Harvard is changing its name.
06/23/2013
Sun Life says sale of its U.S. annuities business delayed by regulatory hurdles
Sun Life Financial says it expects a delay in closing the US$1.35-billion sale of its U.S. annuities business
06/23/2013
EU clears ICE, NYSE Euronext stock market tie-up
This was not the case in the NYSE Euronext-ICE deal, especially in commodities
06/20/2013
Defined Contribution Tracker Launched by Northern Trust
Assets in DC Plans Flowing to Target Date and International Equity Strategies
06/20/2013
Hedge fund exits rise in June as investors reposition at mid-year
Requests to pull money out of hedge funds rose in June as investors used the mid-year point to review their portfolios and release cash to spend elsewhere.
06/19/2013
European hedge funds struggle to break into U.S. market
some large European firms already fall under this requirement due to their having at least one U.S. client either directly or through a fund of funds
06/18/2013
Saudi billionaire eyes NYC for record-high skyscraper
A billionaire prince from Saudi Arabia is searching out a city to build the world’s highest skyscraper
06/13/2013
Former Forbes HQ finally finds a taker
Deal comes after years of effort by seller and Forbes defaulted on its rent.
06/13/2013
SS&C GlobeOp Hedge Fund Performance Index May 2013 and Capital Movement Index
Net inflows increased for the month of June, with subscriptions outpacing redemptions 2 to 1,"
06/13/2013
Hong Kong may widen renminbi business
He said demand for offshore renminbi financial services and products will rise.
06/13/2013
Goldman Sachs Ranks As Top Hedge Fund Prime Broker
J.P. Morgan stuck to the second spot, while Credit Suisse leapfrogged over Morgan Stanley for bronze.
06/12/2013
Credit Suisse Announces Launch of Two New Commodity Index ETNs
he Commodity Benchmark ETN offer innovative strategies to access diversified commodity exposure
06/12/2013
Thompson Reuters Is Giving An Elite Group Of Clients An Advantage On High-Speed Trades
A closely watched consumer confidence number that routinely moves markets upon release is accessed by an elite group of traders, for a fee, a full two seconds before its official release, according to a document obtained by CNBC.
06/12/2013
Milestone Partners sells Mariner Finance to investment group
Milestone Partners has completed the sale of Baltimore-based Mariner Finance LLC to an investment group.
06/06/2013
SAC Will Not Become A Family Office
SAC Capital Advisors is reassuring its employees that it will not return all outside capital in the wake of what are thought to be billions in redemption requests.
06/05/2013
Single Family Institutional Investors Moving to Greener Pastures
Institutional buyers continued to exhibit a voracious appetite for single family homes
06/03/2013
Generali sell US life reinsurance unit
SGLA will be able to leverage the acquired expertise and advanced systems
06/03/2013
Deutsche Asset & Wealth Management Launches Municipal Infrastructure Revenue Bond ETF and Regulated Utilities ETF
The new funds offer unique investment opportunities in markets not previously served by ETFs.
06/02/2013
UBS To Shut Next-Gen Internet ETN, 6 Others
The shuttering is emblematic of what appears to be the end of a period of exchange-traded product development characterized by the launch of relatively tightly focused products