09/03/2020
Controversial hedge fund billionaire Steven Cohen takes on Hollywood
Now, Cohen’s name has been thrust into the Hollywood limelight.
Alternative Investments
09/03/2020
Real-Time Cross-Border Payment Innovator Could Cut Trillions From Global Financial Friction
Ogden said that IMF experts briefed on the concept think it could take out up to $15 trillion in global financial friction — he had estimated $2.7 trillion.
09/02/2020
Willis Owen reveals the best and worst sectors and funds in August 2020 - Gilt funds tank as spectre of inflation returns
The recovery in the UK and globally continues to defy many investors’ expectations.
09/02/2020
Wall Street Veteran Jonathan Dane Launches Defiant Capital Group
As an additional service, Defiant Capital Group helps clients address many of the complexities of wealth including structuring investments and planning for generational wealth transfers.
09/02/2020
Majority of Americans Broadly Supportive of Additional Coronavirus Stimulus,According to Study
Support generally holds across demographic subgroups; additional unemployment assistance does not blunt workers’ desire to return to work
09/01/2020
US wealth manager 6 Meridian creates ETFs for in-house clients
It was these strategies with up to over 200 individual securities which pushed the firm in the direction of an ETF.
08/31/2020
Ex-Trump Acting Chief of Staff Mulvaney Starting Hedge Fund
Former White House advisor working with Andrew Wessel
08/30/2020
Steve Cohen in exclusive talks to buy New York Mets
Billionaire hedge fund manager heads rivals, including Jennifer Lopez, in race to take over baseball club
08/28/2020
Nestlehut Financial Services joins Cetera network
The Nestlehut team has been providing financial planning services for four decades. It serves around 700 families.
08/28/2020
State Street Reappointed by Aberdeen Standard Investments to Provide Full Range of Investment Servicing Solutions
As part of the renewal, State Street will provide global custody, accounting, and fund administration for ASI’s fund ranges in the United States and Canada.
08/26/2020
Schwab Model Portfolios Now on Envestnet Platform
The new Schwab Model Portfolios for RIAs include seven risk-based allocations with a behavioral overlay.
08/26/2020
LACERS allocates $175 million to 6 funds
Pension fund officials also committed up to €46 million ($54 million) to CVC Capital Partners VIII, investing in large buyouts in Europe and North America.
08/26/2020
CI Investments announces portfolio management changes
The changes will be effective on or about September 14, 2020.
08/25/2020
BMO Financial Group Reports Third Quarter 2020 Results
Concurrent with the release of results, BMO announced a fourth quarter 2020 dividend of $1.06 per common shar
08/24/2020
Goldman Sachs Eyes Creating $2B Tech Fund
There are two goals — to free up capital and to generate a steadier revenue stream from management fees, according to Bloomberg.
08/24/2020
New York City will rise again
In New York, everyone’s gonna work from home forever! Broadway’s extinct! Flesh-eating mobs rule the streets!
08/23/2020
A Giant Pension Bought Uber, Abbvie, and Slack Stock. It Trimmed Back on Apple.
Calstrs bought 770,757 more Uber shares in the second quarter, raising its investment to 2.4 million shares of the ride-sharing company.
08/21/2020
The US funds industry - A thriving market
Industry experts suggest that there is continued strong interest from advisors based outside of the US looking to launch fund products to increase their distribution within the US.
08/21/2020
William Blair reappoints State Street for range of investment management servicing solutions
William Blair is a global financial services company with deep levels of expertise in investment banking, investment management, and private wealth management.
08/20/2020
Citizens Financial Group, Inc. Director Earns Recognition on Annual List of Most Influential Boardroom Leaders
Shivan Subramaniam Named to 2020 NACD Directorship 100