10/10/2012
Dodge & Cox Worldwide Funds Added to Ascentric Platform
The platform allows advisers to select investments from a wide range of investment vehicles for private investors.
Alternative Investments
10/09/2012
MetLife launches asset management business
Clients will include other insurers, pension plans and sovereign wealth funds, MetLife Inc. said
10/08/2012
Chinese bourses seek foreign capital
A group of leading Chinese fund companies will head for New York to conduct a two-day US roadshow, the latest effort to boost the weak domestic capital market, sources told the Global Times Monday.
10/08/2012
Former Wall Street trader who has spent $65,000 on web dating… and still can't find love
A multi-millionaire bachelor has revealed he has spent more than $65,000 on matchmaking services and still can't find his ideal wife.
10/08/2012
Aberdeen Introduces Three New Multi-Asset Funds
Aberdeen Asset Management announces the introduction of the Aberdeen Dynamic Allocation Fund
10/07/2012
The Rich Get Richer in ETFs
The so-called Big Three of the ETF business are BlackRock’s iShares, State Street Global Advisors and Vanguard.
10/04/2012
Worldwide investment fund assets increased to EUR 21.4 trillion in Q2 2012
Investment fund assets worldwide increased by 2.7 percent during the second quarter
10/03/2012
Carlyle Buys Hedge Fund Vermillion in Commodities Expansion
The price wasn’t disclosed.
10/03/2012
TD Bank Selected as One of the Nation's Best Banks
TD Bank has been recognized by Money as one of the nation's best banks in the magazine's 2012 list of the "Best Banks in America".
10/03/2012
Houlihan Lokey boosts real estate team with Rothschild hire
He joins from Rothschild Inc., where he spent eight years, most recently as a managing director overseeing the firm’s North American hotel/leisure and broader real estate practice.
10/02/2012
Norway’s Wealth Fund Targets U.S. Real Estate in 2013
The fund is preparing its move as a recovery in U.S. real estate values “lost steam” in the last three quarters.
09/30/2012
SS&C Acquires Gravity Financial
The transaction, which adds 40 fund services customers and 10 staff, supports SS&C's strategy of targeted growth and leadership in the alternative fund services industry.
09/27/2012
New York Life to Acquire a Minority Stake in Cornerstone Capital Management
MainStay Investments and Cornerstone to Partner on New "MainStay Cornerstone Growth Fund"
09/26/2012
State Street Planning Actively Managed Low-Volatility ETFs
The Global Minimum Volatility ETF will hold global equities with low long-term volatility and show low risk factors.
09/26/2012
Invesco to buy 49 pct in India Religare's asset management unit
Religare Enterprises is controlled by billionaire brothers Malvinder and Shivinder Singh, who also control hospital chain Fortis Healthcare.
09/25/2012
Ex-Wall Street brokerJames Owen kills wife, self in Conn.
According to the New Caanan Daily Voice newspaper, James Owen, 48, fatally shot Billie D. Faigout-Owen, 52, and then himself on Friday.
09/25/2012
Global Infrastructure Fund Launched by Northern Trust
Offers exposure to companies with potential for attractive yields, stable cash flows and inflation protection
09/25/2012
LPL Expands Model Wealth Portfolios
"The expansion of the MWP platform gives our advisors the tools to address an even wider range of client needs, while accessing the diversification and risk-management benefits that come from non-correlated alternative strategies."
09/24/2012
Impax Expands Global Presence
Industry Veteran Joins as Head of Sales, Client Services for North America
09/23/2012
Parinvest Asset Management inks Avant-Garde joint venture
International investment banking group Credit des Alpes and Miami-based real estate brokerage and asset manager Parinvest have launched a joint venture designed to significantly bolster and expand both groups' client offering in leading markets acros