07/20/2018
Korea’s top institutional investor eyes realty in major US cities
We’re reducing the proportion of equities in our investment as the overall stock market has been sluggish this year
Alternative Investments
07/19/2018
AIG closes Validus acquisition
Validus' experienced team and complementary businesses will help us deliver sustainable, profitable growth
07/18/2018
Temasek expanding footprint in US despite trade tensions
The proportion trails Singaporean and Chinese investments, which make up 27 per cent and 26 per cent of the portfolio, respectively.
07/18/2018
RIA 'Shark Tank' backs a digital adviser out of the gate
Despite a crowded market, RIAs bet InvestmentPOD has what it takes to build a better mousetrap
07/17/2018
BlackRock reports higher earnings, but says inflows slowing because of 'investor uncertainty'
BlackRock said its stronger-than-expected revenue was driven in part by base fees, performance fees and "technology services revenue
07/17/2018
Northern Trust to combine private equity, hedge fund servicing arms
Leverages Strength and Expertise in Hedge Fund and Private Equity Servicing to Offer Unique Solutions to ‘Hybrid’ Managers
07/17/2018
BlackRock begins exploration of bitcoin
The asset manager has set up a working group to investigate ways it can take advantage of the fast-growing cryptocurrency market
07/12/2018
BlackRock Is Preparing to Open a Sales Office in Argentina
Location adds to offices in Mexico, Brazil, Chile, Colombia
07/12/2018
World’s largest investment fund drops two investments with Colorado ties
Tri-State cut for burning coal; JBS lost investment due to “gross corruption”
07/12/2018
iM Global Partner acquires stake in Sirios Capital Management
iM Global Partner will provide Sirios with select client service, sales and marketing support, as well as access to its US distribution platform
07/12/2018
Natixis IM acquires stake in US asset manager
The impact of the transaction on Natixis’ CET1 ratio is estimated to be approximately -15 basis points (bps).
07/11/2018
Brighton Jones Acquires Blueprint Capital Services
The news isn't just a win for Brighton Jones and Blueprint clients—it's also a win for the Seattle community and beyond
07/09/2018
$6.5bn Fund Platform Of Bank of America Merrill Lynch Has A Buyer
The concept of a Ucits fund is to offer the investors across Europe various hedge-fund type products, without the risk that is commonly associated with hedge-fund investments.
07/06/2018
Manulife Sets Up $2 Billion Infrastructure Fund
The new John Hancock Infrastructure Fund will invest in the structures and entities that keep civilization going.
07/04/2018
Legal & General’s U.S Pension Risk Transfer business volume nears $2bn
Demand continues to build for insurers that are flexible and highly responsive to dynamic client needs
07/02/2018
Six firms in running to manage $1 billion Abraaj healthcare fund: sources
How Abraaj used some of the money in the healthcare fund led to a dispute with four investors including the Bill & Melinda Gates Foundation and the International Finance Corp.
07/02/2018
Northern Trust Delivers New Compliance Monitoring Capabilities
Bringing Enhanced Governance and Transparency to Asset Owners across the Globe
06/29/2018
LPL Financial Welcomes Rockline Wealth Management
Rockline Wealth Management reported that it served approximately $415 million of client brokerage and advisory assets as of April 20
06/28/2018
Vanguard and Fidelity roll out new ESG funds
The new ETFS will complement the firm’s existing FTSE Social Index fund, Vanguard said in a statement.
06/27/2018
Wunderlich Securities, Inc. to be Rebranded as B. Riley Wealth Management, Inc.
This brand transition reflects Wunderlich’s enhanced investment services, products and capabilities since becoming a wholly-owned subsidiary of B. Riley and part of its diverse platform of services.