06/30/2017
Harvard Links Billionaire Samwers, Ex-Eton Manager in New Fund
The Samwers also own half of the New York-based money manager, through Palamos Americas GMBH
Alternative Investments
06/30/2017
Giant insurer gets regulator’s go-ahead to spin off US division
Subject to the SEC’s timely declaration that Brighthouse Financial’s Registration Statement on Form 10 is effective
06/29/2017
BNY Mellon and One Investment Group Create Strategic Alliance to Deliver Global Custody Services to Australian Fund Managers
This alliance creates a competitive alternative in the Australian custody market
06/28/2017
LPL Bars Brokers from 401(k) Rollover Advice
LPL’s hybrid advisors will still be able to recommend rollovers if that advice is limited to their company’s advice side of the business and meets certain conditions, according to an internal memo seen by InvestmentNews.
06/28/2017
Insurance Is the Hot New Way to Avoid Taxes
Insurance dedicated funds gaining popularity among wealthy
06/28/2017
Wells Fargo Agrees to Sell Commercial Insurance Business to USI Insurance Services
Personal Insurance offers important protection for our customers' homes and vehicles and gives them peace of mind.
06/27/2017
Singapore State Fund Said to Confront Complaints in GLP Sale
Bidders competing with management group sought more disclosure
06/27/2017
Veteran Financial Advisor and CFP® Stephanie Sammons Launches Independent Fee-Only Advisory Firm
Dallas-based advisory firm, Sammons Wealth, specializes in serving women in business
06/27/2017
Asset manager of the year: Nuveen
Operational Risk Awards 2017: Nuveen successfully blends op risk platforms from both sides of Atlantic
06/27/2017
White Oak Equity Partners takes minority stake in ROW Asset Management
ROW Asset Management has $800 million in AUM in a systematic global macro strategy.
06/27/2017
Fidelity acquiring majority ownership of Title Guaranty of Hawaii
The company will continue to be “closely aligned” with Chicago Title, a Fidelity National Financial title insurance underwriter, the company said.
06/26/2017
Former Flatiron, Cantor Fitzgerald Execs Launch Premium Financing Firm National Partners
He led the firm’s growth in loan origination and national sales build-out.
06/26/2017
Hedge fund PSAM buys stake in CdR Capital
CdR is based in London and Geneva and manages more than $3 billion in fee-earning assets when counting a partnership with CdR Hollander.
06/26/2017
The Financial Times names Sebastopol's Willow Creek Wealth Management in Top 300 list
Willow Creek celebrates its 33rd business anniversary this year in Sebastopol.
06/22/2017
Top advisers pull their clients’ investments out of hedge funds
Average FT 300 portfolio dropped allocation by a third over the past year
06/21/2017
Tick-size pilot disappointment has experts searching for alternatives
The tick pilot was never created to facilitate active small-cap management.
06/19/2017
Investors hunt for hidden frontier market gems
Risk improves as financial infrastructure matures and a middle class emerges
06/19/2017
Global funds have more room for emerging bonds
Funds overseeing $13.7tr returning to asset class after cutting holdings to lowest since crisis caused by 2015 oil crash
06/19/2017
$8B breakaway UBS team hit with lawsuit
The restraining order was brought two weeks after the team left UBS, according to a statement from Dynasty.
06/19/2017
Fiera gears up for aggressive expansion through acquisitions
When it comes to future acquisitions, Mr. Desjardins has no plans to slow down and says the firm is extremely opportunistic with what is to come in 2017 and years ahead.