01/03/2019
DeVere to consolidate position in adviser market after US sale
The firm is set to sell its operation in the US and will make ‘major acquisitions’ with the proceeds
Alternative Investments
01/01/2019
Weatherstone Capital Management to Join Focus Firm Carnick & Kubik; Insero Wealth Strategies to Join Focus Firm Buckingham Strategic Wealth
The Insero transaction is expected to close in the first quarter of 2019 and the Weatherstone transaction is expected to close in the second quarter of 2019, each subject to customary closing conditions.
12/28/2018
What Investment Advisers Are Saying On the Dow's 871-Point Bounce
Nancy Tengler, chief investment strategist at Tengler Wealth Management, which has around $450 million under management:
12/28/2018
RBC’s McGregor Eyes More Private-Equity Dealings to Gain Edge
McGregor sees better near-term deal-making in U.S. over Canada
12/27/2018
Global economy set to feel delayed trade war pain in 2019
And volumes are tipped to slow further even as the United States and China seek to resolve their trade spat, with companies warning of ongoing disruption.
12/27/2018
City, State Comptrollers Take Different Approaches on Pension-Fund Pressure
Environmental activists have said they plan to target Mr. DiNapoli with protests to convince him to move toward divestment.
12/27/2018
3 Predictions For RIAs And Fee-Based Advisors In 2019
The year 2018 also marked the 10-year anniversary of the 2008 financial crisis.
12/27/2018
A Hedge Fund Makes Billions Off Americans’ Underwater Mortgages
Fir Tree bet that homeowners would keep paying loans, even against their interest
12/27/2018
Asset Manager Millennium Management Nabs 300K SF at 399 Park Avenue
Millennium Management will move its New York City headquarters from 666 Fifth Avenue to Boston Properties’ 399 Park Avenue, the landlord announced today.
12/27/2018
Omega, Jabre Capital Among Hedge Fund Casualties in Dismal 2018
Hardly a month went by without news of the high-fee money managers -- young and old, running large and small shops, big and little-known names -- shutting down.
12/24/2018
Caisse de dépôt makes $247-million investment in Colombian pension firm
The deal brings the CDPQ's investments in Colombia to US$1 billion
12/23/2018
CDPQ and SURA announce a region-wide strategic partnership for Latin America
This transaction is a new step in the growing relationship between Grupo SURA, one of Colombia's largest multinational holding companies, and CDPQ, a leading global institutional investor managing nearly US$235 billion in assets.
12/20/2018
Blackstone's McCormick Sees Less Seed Deals, Larger Launches
McCormick, who took over running Blackstone Alternative Asset Management, or BAAM, at the beginning of the year, spoke with Bloomberg on Dec. 14. His comments have been edited and condensed.
12/18/2018
Robertson Stephens Unveils New Era with Long Arc Capital
The team at Robertson Stephens has created a wealth management offering with an excellent value proposition for both clients and advisors in the marketplace.
12/18/2018
Florida SBA Partners with J.P. Morgan Asset Management on Florida Growth Fund
The Florida Growth Fund is a legislatively-approved program providing capital to growth related businesses in Florida, having already committed over $750 million in Florida-based funds and direct private credit-related investments since commencing in 2009
12/14/2018
Goldman Buys Fund-of- Hedge Funds Manager
GSAM is buying a multi-billion-dollar manager of funds-of-hedge funds.
12/13/2018
Canada Pension Plan to increase bets in China despite political tensions
CPPIB, one of the world's biggest investors, has 8 percent of its funds invested in China
12/12/2018
Crossmark Global Investments Wins Best Places To Work In Money Management Award In Pensions & Investments
Crossmark Global Investments, a leading provider of values-based investment solutions based in Houston, TX, emphasizes a "People with Purpose" culture, and proudly fosters an environment that guides the way employees work and live.
12/12/2018
TCW Named One of the Best Places to Work in Money Management for 2018 by Pensions & Investments
This marks the fifth consecutive year this honor has been bestowed upon TCW
12/12/2018
Ex-Lehman Brothers executive to shut down major hedge fund
Hedge fund returns declined 0.35 percent in November, and the beleaguered industry is down 3.62 percent for the year, according to figures from Bloomberg.