03/06/2018
The Canadian investor, which has C$337 billion ($261 billion) in assets, is getting into promising hedge funds earlier in their life cycles to secure the ability to invest more as they expand.
03/06/2018
The acquisition, expected to close over the coming months, is subject to customary conditions, including applicable regulatory approvals and approval of the Toronto Stock Exchange.
03/05/2018
Under the terms of the transaction, XL Group shareholders will receive USD 57.60 per share. This represents a premium of 33% to XL Group closing share price on March 2, 2018.
03/01/2018
Excellence in 26 Individual Fund Categories, Including Municipal Bonds, Small-Cap Equity, Long/Short Equity and Target Date Funds Also Recognized
02/26/2018
The acquired business had gross written premiums of $790m last year, with Argentina representing about 50% and the rest coming from Ecuador, Mexico, Brazil and Colombia.
02/23/2018
And 46% plan to maintain what they've got. It turns out that 2016 was a particularly rough year for hedge funds, as their poor performance failed to convince investors they were worth the high fees they charge.