07/19/2017
The $328bn US pension fund is considering making its own direct private equity investments
The pension scheme currently has $25.9bn invested in private equity.
Alternative Investments
07/19/2017
Swell Investing: Building A Portfolio Of Companies Make The World A Better Place
When we look at impact, we take a very different approach from others in the space.
07/19/2017
Blackstone’s assets under management climbs to record $371bn
The figures came slightly below expectations.
07/17/2017
BlackRock assets under management climbs to $5.68 trillion
BlackRock’s active strategies generated $8 billion of net inflows, led by multi-asset, fixed income and alternative offerings, contributing to strong organic base fee growth this quarter.
07/17/2017
Why the massive rise of ETFs may be just getting started
BlackRock is the biggest player in the burgeoning ETF industry, with assets in its iShares family crossing $1.5 trillion in the past quarter.
07/17/2017
Crystal Century Investment Launches Liquid Alternative Multi-Asset Fund
Alternative asset management firm launches multi-asset fund to provide diversification benefits for accredited and private investors.
07/14/2017
The world's largest asset manager cuts fees
We have aspirations to be ubiquitous in every securities market.
07/14/2017
Manulife weighs U.S. shakeup
The U.S. division accounted for a little more than one-third of profits at Manulife last year, and 56 per cent of its assets under management and administration.
07/13/2017
Malkiel Joins ETF Firm That Tracks ETF Firms
Burton Malkiel joins the investment committee of ETF Industry Index, Mercer acquires Wealth Design Services, and Stash raises $40 million.
07/12/2017
Openwork chooses T. Rowe Price to manage £500m US mandate
Replacing BNY Mellon
07/12/2017
Wedbush Securities Futures Division Announces Collaboration with RCM Alternatives
Introducing Broker Initiative; and Thomas P. Anderson and Tom Chlada Joining RCM alternatives
07/11/2017
Battle brewing over proposal to loosen Canada's hedge-fund rules
Canadian regulators are proposing to loosen the rules on hedge-fund participation after pressure from fund managers and investment advisers. The desire to ape the far larger industry in the United States is another incentive.
07/10/2017
Hedge-Fund Danger Alert as Canada Prepares for Retail Investors
Financial institutions say retail participation is a no-brainer.
07/10/2017
Pioneer Bank acquires Latham benefits firm
The launch of Pioneer Benefits Consulting continues our bank’s strategic growth
07/10/2017
Jared Kushner Tried To Get Qatari Billionaire To Invest In Midtown Tower: Report
Kushner sought a $500 million loan to refinance 666 Fifth Avenue — the tarnished jewel of Kushner Companies' real estate portfolio.
07/09/2017
Bonds are winning, PGIM says, as JPMorgan warns of complacency
Money managers are weighing mixed signals from both economic data and central bankers
07/06/2017
B. Riley Financial Closes Acquisition of Wunderlich Securities
He will report directly to Bryant Riley and Tom Kelleher, who will serve as co-CEOs of the combined investment banking and brokerage business.
07/05/2017
US insurance giant AIG signs up with Royal Bank of Scotland
It is the company’s biggest push back into the life insurance market
07/04/2017
Ex-Viking CIO Daniel Sundheim Plans to Start Equity Hedge Fund
He joined the hedge fund in 2002 as an analyst and became sole CIO in 2014.
07/04/2017
Ares Management's CIO And Chief Risk Officer Drives Extraordinary Growth
Kono's ability to push to other areas beyond IT can be traced to her roots in Finance