01/02/2014
Fortress Investment Group to Launch Bitcoin Fund
Institutional interest in bitcoin has been heating up
Alternative Investments
01/02/2014
BMO Global Asset Management Launches Nine New Funds to Better Address the Needs of Investors
CHICAGO, IL--(Marketwired - Jan 2, 2014) - BMO Global Asset Management today launched nine new funds to better meet the evolving needs of investors. The addition of these funds further expands and diversifies the BMO Fund's robust roster, which now s
01/02/2014
Grosvenor Capital Management Completes Acquisition of Customized Fund Investment Group from Credit Suisse
The combined business, with more than $44 billion in assets under management and over 375 professionals, will be one of the largest of its kind in the world.
12/31/2013
Gottex readies fund to let Main Street invest like Wall Street
"This will allow investors to get access to a wide range of markets, trading strategies and alternative investments in a controlled environment," William Landes, senior managing director at Gottex and the fund's chief investment officer sai
12/31/2013
Mutual Fund Assets Reach New High in November
Building and sustaining income-producing products is where firms -- especially legacy fixed-income managers -- face some of their greatest hurdles in 2014 and beyond.
12/26/2013
Bloomberg anchor displays bitcoin on TV, immediately gets robbed by viewer
Despite the lighthearted nature of this situation, theft has become a nagging problem in the world of bitcoin. Earlier this year, it was reported that someone stole up to $100 million in the digital currency from “Sheep Marketplace,” an illega
12/19/2013
BlackRock Said to Seek $3 Billion for New Credit Hedge Fund
The firm began marketing BlackRock Credit Alpha Fund in October, with an initial target of $500 million and the potential to increase it, said one of the people, who asked not to be identified because the process isn’t completed.
12/17/2013
U.S. Treasury finds hedge funds less risky
It added that these activities differ in important ways from commercial banking and insurance activities.
12/16/2013
Bitcoin clones set to kill digital currency?
Citibank’s analyst believes that the market is likely to end up with a plethora of “bitcoin lookalikes with little to choose between them, so pricing becomes very difficult.
12/16/2013
CFTC Is Poised to Expand Its Reach Overseas
The Commodity Futures Trading Commission is moving to force overseas financial firms to comply with certain U.S. rules
12/15/2013
Here’s The First Ever Hedge Fund Ad, Complete With A Professional Surfer
The ad appears to be the first of its kind in the industry, which was recently allowed to market in such a way after this summer’s passage of the JOBS Act.
12/12/2013
Investors add to hedge fund holdings in November
SS&C GlobeOp Hedge Fund Performance Index: November performance 1.47%; Capital Movement Index: December net flows advance 0.60%
12/11/2013
SSgA names head of global DC research and product development
His appointment demonstrates our commitment to developing innovative solutions for our clients who are struggling to help their employees transition to retirement.
12/11/2013
Boutique bank that advised on ICE-NYSE deal plans expansion
The West Coast expansion will bring the firm closer to key players in the fast-growing payment provider industry, co-founder Jerry von Dohlen said in an interview.
12/11/2013
Bitcoin fund raises $65 million after first two months, founder says
A fund established to offer investors exposure to Bitcoin is holding around $65 million in the digital currency after two months in operation
12/10/2013
Margin Pressures Evident In Citi Hedge Fund Survey
The business of hedge funds is caught between rising costs and falling management fees, holding little profit for managers who don’t perform.
12/09/2013
Hedge fund managers seek to set themselves apart through branding
The Jumpstart Our Business Startups Act of 2012 might have lifted the ban on advertising private funds
12/09/2013
Alternatives strategies still the top asset draw for institutional investors
Alternative investments — particularly private equity — were massively popular with institutional investors this year, continuing a trend that has endured at least three years.
12/09/2013
“2 and 20” Fading, Managers Need Big Assets or Performance to Profit: Citi Prime Finance Survey
Economics Fosters Investor-Manager Alignment of Interests
12/08/2013
Are You Ready For Hedge Fund TV?
A hedge fund group has started a television channel to market their wares, but it won't exactly be the next Breaking Bad