09/06/2012
The transaction is expected to close in October subject to certain government approvals and other customary closing conditions. Credit Suisse and Morgan Stanley acted as M&A advisors to Blackstone and are providing financing for the transaction.
09/05/2012
"We are extremely proud to have been selected by Redhawk Wealth Advisors to provide them with the retirement plan tools, resources and support to help them capitalize on increasing their retirement business," noted Ross Brown, Senior Vice Presid
09/05/2012
Doug Morgan, president of SunGard’s institutional asset management business discuss the top trends affecting the fund management industry in 2012
09/05/2012
Sales results information is based on preliminary data from the Investment Funds Institute of Canada (IFIC).
09/04/2012
The fund manager, which runs $3.35trn (£2.11trn) for clients globally, will seek a premium listing on the London Stock Exchange when the trust has its IPO in October.
09/04/2012
Virtus, a $40 billion in asset multi-manager mutual fund company, spun out of Phoenix Companies in 2008 with the help of its CEO George Aylward.
09/04/2012
Pricing is expected before regular trading opens today in New York, with settlement on Sept. 10, ING said in a separate statement.
09/03/2012
The acquisition increases the scale of Korn/Ferry's Leadership and Talent Consulting business and extends the firm's capabilities within the fast-growing market for diversity and inclusion-focused talent management solutions.
09/02/2012
The traditionally secretive hedge fund industry is abuzz with chatter over the prospect of joining the wider world of social media, including Facebook, LinkedIn and Twitter, sources told The Post.
09/02/2012
North American funds have certainly not been immune from tough markets, and tough investors, over the years.
08/30/2012
These scores are higher than the average reported scores and we are also rated 'Best in Class' in all North American categories.
08/29/2012
Principal is seeking investors for the fund, which will be domiciled in Dublin, Adam Lackey, a company spokesman, said yesterday by phone. Tony Chu, a Hong Kong-based portfolio manager, will help oversee the investments.
08/29/2012
NSE’s chief executive officer (CEO) Ravi Narain on Tuesday met top officials of Qatar Exchange and briefed them about facilities that the Indian bourse offers to foreign investors.
08/28/2012
M&T Chief Executive Officer Robert Wilmers has added about $40 billion to both its loan and deposit books since 2008 through at least four acquisitions, according to data compiled by Bloomberg. With Hudson City, M&T probably will rank 14th by asse
08/27/2012
The call comes within days of the decision by a major Paulson client, Citigroup Inc.'s private bank, to stop investing with Mr. Paulson's firm. That move is expected to lead to withdrawals of about $410 million.
08/27/2012
The numbers are truly terrible. Bank of America Merrill Lynch’s investible hedge fund composite index shows hedge funds are up 1.85% so far in 2012.
08/26/2012
Runnfeldt, 46, became co-head of global equities in 2009 along with Brandon Haley and Steve Weller when Citadel started its equity fund.
08/23/2012
The wealth management firm has signed a lease for about 6,000 square feet of space at the building at 6150 Sherry Lane, just west of Preston Road, which was being developed for the headquarters building of Bandera Ventures.
08/23/2012
The private bank is redeeming from Paulson’s Advantage Fund and Advantage Plus Fund, said the people, who asked not to be identified because the information is private.
08/22/2012
"Citigroup has been mandated for a possible sale of the U.S. assets," a source close to the matter said.