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.
Alternative Investments
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
07/03/2017
Amundi Combines Pioneer Investments and Amundi Smith Breeden to Launch Amundi Pioneer in the U.S.
The new firm will manage Amundi’s U.S. investment hub and distribution platform.
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
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.