08/18/2017
Fork in the road for Canada and Quebec pension plans
The Canada and Quebec pension plans mostly developed in parallel since the inception of the QPP, but diverging demographic trends have led to policy differences.
Alternative Investments
08/18/2017
Pershing Square posts poor performance amid Herbalife surge
Bill Ackman’s $4.4bn hedge fund hit by 'adverse investment performance and share buybacks'
08/17/2017
Northern Trust Named Asset Servicing Provider for Boeing Retirement Plan
Northern Trust will provide a range of regulatory and performance reporting solutions, compliance monitoring, derivatives processing and third-party custom cash fund servicing.
08/17/2017
Private Equity Follows the Money
All of which have a seemingly bottomless pit of capital to deploy.
08/17/2017
Minority-owned Holland Capital Management shuts down
Industry trends over the past several years have presented considerable headwinds for long-only active equity manager.
08/17/2017
Vannin Capital launches in New York
The US has long had a very efficient market for plaintiff-side legal services in the contingency fee model.
08/17/2017
CalPERS Flexes its Proxy Muscles
According to CalPERS’ governance and sustainability principles, the system’s principles have evolved from a guide to proxy voting in public markets, to a broader statement of its views on best practices.
08/16/2017
Prudential sells US broker-dealer network for $325m
The transaction has closed after receiving all necessary regulatory approvals and the transition is expected to be completed by the end of the first quarter of 2018.
08/15/2017
Hedge-fund honchos including David Tepper are loading up on Alibaba
Moore Capital and Tiger Global Management disclosed a slight decrease in their holdings of Alibaba in the second quarter.
08/15/2017
Pershing Square says ADP CEO misled board on talks with hedge fund
The hedge fund had proposed three nominees to ADP's board last week.
08/15/2017
Investment management firm VanEck seeks to launch bitcoin ETF
The fund will also invest in US Treasury bonds, money market funds, and cash, among others.
08/15/2017
Commentary: Hedge fund land: An expensive amusement park?
Hedge funds have come under extreme criticism lately for their expensive fee structure
08/14/2017
Former Linsalata trio sees 'opportunity' in own firm
It's all about the opportunity.
08/14/2017
Imperial Capital Advises Sugarfina on its Growth Equity Investment from Great Hill Partners
Great Hill Partners’ investment will support the continued growth of Sugarfina’s omnichannel presence across web
08/14/2017
Record ETF inflows fuel price bubble fears
Growing numbers of investors moving into low-cost vehicles that track an index
08/14/2017
Burbank’s Passport Suffers Another Sharp Drop in Assets
Subprime star John Burbank III’s multistrategy hedge fund firm, which once managed $4 billion after it earned triple-digit returns in 2007, is down to less than $1 billion after a long spell of poor performance.
08/14/2017
Japanese wealth manager Symphony Financial launches US office
The first is a long-bias, constructive engagement strategy which invests and works closely with willing managements of deeply undervalued Japanese companies.
08/14/2017
Pimco Sees `Handsome' Rewards in Emerging-Market Local Bonds
Emerging-market local bonds are the cheaper part of global fixed-income market and should outperform.
08/11/2017
Disrupting Manhattan commercial property
This is based on the vision of Rodrigo Niño, the firm’s chief executive officer and founder, that the crowd can finance the solution of many of the problems of the current society.
08/11/2017
Manulife Cites ‘Challenging’ Businesses Amid Spinoff Speculation
Guloien says he has duty to look at all possible opportunities