04/16/2019
moneycorp completes Brazil acquisition
The acquisition has been authorised by the Brazilian President and has regulatory approval from the Brazilian Central Bank.
Alternative Investments
04/12/2019
Brooks, Bryson, Phil and what could be a wild Day 2 at the Masters
So they head into Friday with it being the first time two top-six players in their 20s share the lead after any round in a major.
04/10/2019
Wells Fargo unloads retirement-plan unit for $1.2 billion
The decision to exit the retirement-plan business also comes as Wells Fargo deals with reputational problems, legal costs and unprecedented sanctions.
04/09/2019
Carlyle Group to acquire up to 40% stake in Cepsa from Mubadala
The total enterprise value of the company has reached $12 billion after the deal.
04/09/2019
Chubb Selected for License to Operate Wholly Owned Life Insurance Business in Myanmar
Life insurance is a long-term business, and Chubb looks forward to working with the Myanmar government, policymakers and local organizations to establish a successful, sustainable life insurance business.
04/09/2019
More asset managers voting for shareholder climate-change proposals
The study notes that much of this is due to policies in place that resolutions are voted on uniformly across all of a manager's funds.
04/09/2019
TD Insurance creates Advisory Board on Climate Change
TD Insurance is announcing the establishment of the Advisory Board on Climate Change, a first for the Canadian insurance industry.
04/08/2019
Can the world's central banks rescue the slowing global economy even if they try?
The eurozone is sliding into a ‘Japanese’ deflationary quagmire but without Japan’s political cohesion and without a fiscal machinery to step into the breach.
04/08/2019
Nick Train doubles Schroders stake to 8% and urges US push
Fund manager says FTSE 100 group will struggle to crack big time without heavy investment
04/05/2019
Canada Falling Behind In the ‘Intangible’ Economy, Report Warns
Government urged to protect intellectural property and data
04/04/2019
Quants rethink factor investing as demand ebbs
As differentiated products, they can justify higher fees, offsetting lower revenue from broad-indexed funds — which are now virtually free.
04/03/2019
AllianceBernstein completes Autonomous Research buyout
AllianceBernstein has closed its previously announced acquisition of Autonomous Research, a financial services and fintech-focused institutional research firm. No financial terms were disclosed.
04/03/2019
Brown Advisory Opens Office in Singapore
Brown Advisory has marketed its funds in the Asia Pacific (APAC) region for many years and manages more than $700 million in assets for APAC-based clients.
04/02/2019
Besyata Investment Group and The Scharf Group, Both NY-Based Single Family Offices, Have Completed the Phase II Acquisition of Autumn Ridge Apartments in Waukee, IA
The immediate area near the property has one of the strongest demographic profiles within the Des Moines MSA.
04/02/2019
Why Investors Keep Coming Back to Hedge Funds
Institutional investors continue to view hedge funds as a source of alpha and diversification, according to a JPMorgan survey.
04/01/2019
Hedge Fund Demand Is on Its Way Up, JPMorgan Survey Finds
About a third of respondents plan to boost allocations, up from 15 percent in 2018.
04/01/2019
New Mexico Makes Historic Move into Infrastructure Debt
Despite a lower return profile, council opts to diversify into nascent infra strategy.
04/01/2019
Expansionary U.S. hedge fund now hiring juniors in London
It's not clear whether Surveyor plans to make additional hires, but the fund is unquestionably growing in London.
04/01/2019
Impact Investments Under Management Total $502 Billion
“Half a trillion dollars in impact investing assets is a sizable amount,” says Sapna Shah, director of strategy at the GIIN.
03/29/2019
Ellevest Raises $33M in Funding
The company intends to use the funds to accelerate its growth — including investing in its technology, expanding into new product categories, and working with women to develop new, non-boring financial education.