02/07/2014
With broker's commission spent falling in recent years and a subsequent increase in technology costs, Jonathan Werts, head of broker-dealer execution, told Traders that the sellside needed to outsource and defray some of its costs, such as white-labe
02/05/2014
Former Deutsche Bank AG mortgage-bond trader Troy Dixon’s new investment firm is projecting its first hedge fund will start in July with $200 million of capital.
02/05/2014
Helen of Troy may not be as famous as its classical namesake. But the consumer company, whose brands include the housewares maker OXO International, may be the subject of a fight all the same.
02/05/2014
Tocqueville Bullion Reserve, a hedge fund that will invest 100% of its net assets in gold bullion, launched in January with $27 million.
02/04/2014
Regulators say some unscrupulous managers inflate the value of illiquid holdings
02/04/2014
Global alternative asset manager The Carlyle Group today announced that it has completed the acquisition of Diversified Global Asset Management Corporation, a global manager of hedge funds with more than $6.7 billion in managed and advised assets.
02/03/2014
A barbell trend emerged in 2013. On one hand, hands-off passive management among indexed products fueled a fee race to the bottom. On the other, investors paid a premium to glean more specialized exposures, including short-duration and unconstrained fixed
02/03/2014
Mr. Sender, who moved to Florida several years ago, is known for considering art as an investment. His sales of 30 contemporary art works in 2006 totaled more than $19 million, a sixfold return on his investment.
02/03/2014
Larger global footprint with offices in San Francisco, New York, the British Virgin Islands, Singapore, and Toronto.
02/03/2014
The firm, which will manage about $9 billion for Cohen in addition to employee money, plans to have three trading units after the restructuring, said the person, who asked not to be identified because the firm is private.
01/31/2014
Two major stock-focused hedge funds to Close
The back-to-back farewells from the New York-based firms mark two of the hedge-fund industry's largest closures in recent years.
01/30/2014
While growth rates will be highest in Asia and lowest in the more mature US market, the growth drivers will be the same across all markets
01/28/2014
The addition of Morningstar CISDM is part of WRDS’ continued growth and dedication to meeting the information needs of the financial services industry
01/27/2014
Leading middle market brokerage agrees to acquire Wells Fargo Insurance brokerage and consulting locations across the nation
01/24/2014
Richard Schimel, back in the hedge fund business after the U.S. government's insider trading probe helped force him to shut down Diamondback Capital, sees a chance to make money in certain financial stocks this year.
01/23/2014
The SS&C GlobeOp Forward Redemption Indicator for January 2014 measured 2.67%, down from 5.90% in December
01/23/2014
The db X-trackers platform will now feature 11 currency-hedged equity ETFs
01/22/2014
Gemini Fund Services, LLC, an engaged partner to independent advisors as a provider of comprehensive, pooled investment solutions, continues to broaden its array of services available to alternative fund managers.
01/20/2014
BTG plans to keep growing the business on its own to offer hedging
01/20/2014
Robust ETP flows in December Mark Strong 2013 with equity ETPs reaching all-time record - BlackRock
Global ETP flows accelerated in December to $24.7bn, following the Fed's decision to begin trimming its $85bn monthly bond-buying program.