09/18/2017
BlackRock breaks ranks to disclose workforce’s ethnic diversity
35% of asset manager’s US employees from black, Asian or minority ethnic backgrounds
Alternative Investments
09/15/2017
Hugh Hendry Closes Hedge Fund After 15 Years as Losses Mount
The fund’s assets were $30.6 million as of the end of August, while the overall macro strategy had $116 million.
09/13/2017
BlackRock Reshuffles Top Regional, Business Unit Executives
The moves bring fresh blood into the top leadership ranks at BlackRock.
09/13/2017
TD Bank Group Inaugural US$ Green Bond Upsized to US$1 Billion
TD has a long-standing record of environmental leadership
09/13/2017
Hedge Fund Standards Board ditches ‘hedge funds’ label
In January 2008, the Hedge Fund Standards Board was established as a non-profit organisation to oversee and further develop the Standards.
09/13/2017
University of California investment assets under management show strong gains
The UC pension gained 14.5 percent for the year ending June 30, 2017, outperforming its policy benchmark by 1.8 percent.
09/13/2017
Finding The Right Hedge Fund
Protracted underperformance of the industry has certainly borne out Morgan’s concerns.
09/11/2017
Sun Life Global to acquire Excel Funds
EXGB and EXGG currently both have assets of CAD$1.9 million and both funds have expense ratios of 0.95%.
09/08/2017
BlackRock said to be in talks for Calpers' buyout business
The largest US pension fund is talking to BlackRock Inc about outsourcing its private equity business as it seeks to control fees and offset anemic returns, people familiar with the matter said. The California Public Employees' Retirement System is
09/06/2017
Billionaire investor Steve Cohen is reportedly edging closer to launching his new fund
Cohen had previously been barred from managing outside capital until the start of 2018 after SAC pleaded guilty to securities fraud in 2013.
09/06/2017
American Real-Estate Firm Plans $500 Million Singapore IPO
The KBS-Keppel joint venture company could offer an investment yield of close to 7%, according to people close to the matter, in line with what Manulife US REIT pays.
09/05/2017
RBC and Aviva take stock of insurance tie-up
To bolster its range of insurance products and keep pace with customer expectations, the bank moved to sell its home and auto insurance business to Aviva Canada Inc. through a $582-million deal in 2016.
09/05/2017
12 Reasons Gold Is Better Than Bitcoin
Gold has a 5,000-year history as a long-term store of wealth.
09/05/2017
Nasdaq to Acquire Evestment
Nasdaq’s data and index operations, coupled with eVestment’s institutional focus, will result in the creation of new solutions and expanded distribution to support the asset management community.
09/04/2017
Aon to acquire leading real estate investment advisor
Townsend is a leading provider of global investment management and advisory services primarily focused on real estate.
09/04/2017
Investors dealing with mixed signals on economic front
Equity markets are surging at the moment despite the geopolitical tensions surrounding North Korea.
09/04/2017
US tech buoyed as investors target earnings growth
Record for Apple ahead of new iPhone launch sees sector up a quarter in 2017
09/04/2017
World's Largest Asset Manager to move West by 2020
The developers of BlackRock's future home in Hudson Yards close $3.8 billion in financing.
09/04/2017
Why Index Funds Have a Limited Presence in the IPO Market
And why some market pros think that may start to change
09/01/2017
Vanguard defies companies to back climate change resolutions
Asset manager has faced criticism over its role as corporate steward