05/16/2019
Leading Institutional Investment Manager Selects Artivest
Artivest Open Network Continues to Expand Range of Strategies from Leading Alternative Managers Available to Advisors & Qualified High-Net-Worth Investors
Alternative Investments
05/16/2019
Fiera Capital to buy Asset Manager
The entire portfolio management team from Foresters Asset Management will join Fiera Capital in the firm's Toronto office, Mr. Richard said.
05/16/2019
US Corporate Pension Funding Level Rises to 91.4% in April
Improvement boosted by strong investment returns during the month
05/16/2019
Women-led hedge funds try to crack the boys’ club
Female asset managers struggle to attract investments even as they outperform their male peers
05/15/2019
Peltz's Trian Fund may push for changes at mutual fund Legg Mason
Like many other mutual fund firms, Legg Mason has been hit hard by investors’ shifting tastes for less expensive index funds offered by larger firms, including Vanguard Group.
05/15/2019
Bill Ackman pitches spare office space while celebrating hedge fund’s prosperity
But after disastrous bets on Valeant Pharmaceuticals and Herbalife crippled the fund, Pershing Square was forced to settle for the ninth floor. Ackman rented the 10th floor out.
05/15/2019
Chubb Announces New Global Greenhouse Gas Emissions Reduction Goals Aligned with Science-Based Standards
This is also the first companywide goal announced since ACE Limited acquired The Chubb Corporation and adopted the Chubb name globally in 2016.
05/14/2019
Advisor Group CEO: 'Smart money' is on wealth management after PE deal
With $268 billion in client assets, Advisor Group dwarfs the size of any firm that has sold so far this year.
05/14/2019
Legg Mason assets up 4.2% for quarter, relatively flat over year
This quarter's results reinforce the benefits of diversification of our investment management platform across asset classes
05/13/2019
BlackRock completes eFront acquisition
Combination of Aladdin and eFront Sets New Standard in Investment Management Technology
05/13/2019
Natixis takes 11% stake in Canadian manager
The deal will also see Natixis Investment Managers CEO Jean Raby joining the board of Fiera Capital while the Canadian manager will repurchase for cancellation 2.45 million Fiera Class A shares from National Bank of Canada.
05/10/2019
Commonfund Capital closes second secondaries fund at USD450m
Commonfund Capital’s secondary investment experience dates back to 1993
05/10/2019
TPG agrees to manage Abraaj’s $1bn healthcare fund despite fraud cases
The fund was at the heart of the scandal that brought down the Dubai-based buyout group
05/10/2019
Canadian firm unites global wealth and asset management arms
The operational changes will make it ‘better positioned to organically grow assets’
05/10/2019
Wilmington Trust Honored as 'Securitization Trustee of the Year'
Structured Finance team accepts award at GlobalCapital's US Securitization Awards event
05/09/2019
Property slowdown a risk for emerging markets
The weakness isn’t universal with China’s real estate market showing signs of green shoots again, while low rates have supported Poland’s real-estate market.
05/09/2019
Sun Life profit misses estimates as wealth sales fall in Canada unit
Insurers in Canada have increasingly looked to Asia for growth, selling to the region’s burgeoning middle class, and to diversify from domestic markets where competition is intense.
05/09/2019
Morningstar CEO Challenges Advisors on Fees, Warns of Private Equity
Asset management fees are falling, but the cost to investors remains 'stubbornly high,' said Morningstar CEO Kunal Kapoor at the opening of the research firm's annual investor conference in Chicago.
05/08/2019
Millionaires Tell UBS They're Bullish on Stocks
Global investors are holding 32% of their portfolios in cash
05/07/2019
Back hedge fund young guns over established names, says alts boss
Putting so much of your own money into a business which burns through cash at such a high rate is one of the most powerful incentives to make the venture work.