07/16/2012
Total operating-basis revenue increased by $23 million, or 1%, compared to the first quarter, driven by the seasonal increase in securities finance as well as growth in the core business, offset partially by weakness in international markets.
07/16/2012
The acquisition will strengthen State Street's global leadership in hedge fund administration and will establish the company as the No. 1 hedge fund administrator globally based on industry survey data
07/12/2012
While many investment banks have moved to the Canary Wharf district in recent years, attracted by large trading floors and cheaper rents, insurers have been the only bright spot in an otherwise moribund lettings market in London's traditional financi
07/12/2012
The firm originates and manages privately negotiated secured loans to predominantly Canadian small- to mid-cap companies that are unable to access credit from conventional sources.
07/12/2012
Plus, Apple's strong brand equity among consumers will keep its products popular in the market. We believe that at 11x forward earnings, the stock is still cheap and offers significant upside potential considering the future growth prospects.
07/11/2012
Junge, who also received a FOR Industry Leadership Award in recognition of his significant contributions to the family office industry, added, "Among our highly respected industry colleagues, Pitcairn is delighted to be recognized as a leader and inn
07/11/2012
Clearwater Analytics will provide daily accounting, compliance, performance, and risk reporting and analytics for the venerable financial services firm's valued clients in the insurance and reinsurance sector.
07/10/2012
The withdrawals compare with net inflows in each of the previous five months and were the highest level of net outflows since October 2009, when clients pulled out 3.76 percent.
07/09/2012
Towers Watson survey shows total global alternative assets under management near $5 trillion
07/09/2012
Hedge funds and trading firms from as far away as Taiwan fueled the most active month of membership trading in more than a year last month, angling to get a seat on the CME Group's signature platform to profit from drought-driven volatility in grain
07/05/2012
Performance for the LAB indices is shown below. Research, performance, descriptions, statistics and downloadable index performance history can be found online at www.credit-suisse.com/LAB or on Bloomberg at .
07/04/2012
In joining private equity firm Carlyle Group to help rescue Sunoco Inc's Philadelphia plant from likely closure, the Wall Street titan cast its multibillion-dollar physical commodity business as an essential client service, financing inventory and tr
07/03/2012
Unfortunately, that glorified image of the U.S. justice system is at odds with today's reality.
07/02/2012
As part of the transaction, all of Yacktman’s senior professionals have agreed to long-term commitments with the firm. In addition, Yacktman’s two mutual funds have become part of the Managers family of funds. The terms of the transaction were
07/02/2012
Sias comments on the study, that hedge funds are widely viewed as the bad guys, trading excessively, herding to the latest fad, and crowding into the same trades, behaviour which leads to excess volatility and driving prices from fundamental value.
07/01/2012
The Vaughan Nelson Select Fund invests in undervalued companies across the market capitalization spectrum. Lead portfolio manager for the Fund is Scott J. Weber, CFA, along with co-managers Chris D. Wallis, CFA, and Dennis Alff, CFA. Weber and Wallis co-
07/01/2012
Shortly after Lehman filed for bankruptcy in 2008, Aurora and Lehman's other multi-billion dollar subsidiary bank, Woodlands Commercial Bank ("Woodlands"), were at risk of being seized and placed into receivership by the FDIC.
07/01/2012
Comments submitted to the SEC have suggested that new rules should raise the threshold for accredited investor qualifications, require copies of advertising to be filed with the SEC, or prohibit performance claims in advertising materials
06/28/2012
Stark stated in the letter that it will concentrate on managing single-strategy hedge funds.
06/26/2012
Sotheby’s International Realty Affiliates LLC, a unit of Realogy Corp., plans to start business in China’s luxury property market by the first half of next year to tap the country’s growing wealth.