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Alternative Investments

04/20/2017

Raymond James strikes $172M deal to buy Kansas City investment manager

Upon closing of the transaction, Scout Investments and its Reams Asset Management division will become a wholly-owned subsidiary of Carillon Tower Advisers, with projected combined assets under management and advisement in excess of $60 billion.

04/19/2017

Virtue Asset Management Marks Successful First Year With Opening of Second Office in Chicago

The mission of Virtue Asset Management is to help clients grow and protect the wealth they've worked diligently to accumulate — without incurring needless risk.

04/19/2017

Fidelity predicts wave of consolidation among asset managers

Popularity of passive vehicles is putting pressure on investment groups’ margins

04/18/2017

Elliott's BHP Billiton hit shows activist hedge funds target Australia

They have generally targeted only a few small and medium companies for underperformance or perceived governance problems.

04/18/2017

The Swiss Helvetia Fund, Inc. Announces Director Nominations And Resignations

In addition to Mr. Ricciardi and Ms. Hoysradt, Claus Helbig, a current Class II Director of the Fund, will stand for election at the 2017 Annual Meeting.

04/18/2017

Fee Pressure, Consolidation Aren't Over Yet for Asset Managers

It’s going to be a little rough in here for the mutual fund industry, but this is like a kidney stone.

04/18/2017

AGF Eyes Rich Investors to Counter Mutual Fund Slump

It can come in and it can go out, and we’ve experienced both sides of that coin.

04/17/2017

Riverside Strategic Capital Fund raises $418 mln

RSCF has attracted a number of outstanding investors, including New Mexico Educational Retirement Board, Northwestern Mutual and Phoenix Life.

04/17/2017

Fund Companies Making Layoffs

Outflows lead to shrinking investment teams among many active managers.

04/13/2017

Assets Fall at Passport as Performance Plummets

The San Francisco hedge fund firm, known for its volatile returns, is experiencing hefty redemptions following a period of employee turnover and big performance losses.

04/13/2017

Nationwide Mutual seeks $300m Caelus Re V 2017 cat bond

This is the first cat bond from Nationwide that has expanded its coverage to include other perils

04/12/2017

SEI Funds Receive Global Recognition in 2017

Total of Six Awards in UK, US, and Canada in First Quarter

04/11/2017

Intrawest nears sale to private equity-backed group

KSL is backing a ski resort operator whose identity could not immediately be learned

04/11/2017

Sprott to Sell Canadian Diversified Assets to Management-Led Group

We have entered into this transaction to refocus on our core competencies as a globally-recognized manager

04/10/2017

A star trader who generated $7 billion in revenue is prepping his own hedge fund launch

The fund is in the early stages of planning and is expected to launch as early as the end of this year or the early part of next year, one of the people said.

04/10/2017

Equity Hedge Funds Best Start Since 2013 Fueled by Asia Wagers

Emerging markets had some of the most robust gains, with an average 5.5 percent return led by wagers in India and China.

04/10/2017

Dawn Fitzpatrick, the woman who's in charge of $US25b of George Soros' funds

Soros himself is perhaps the finance world's most famous investor.

04/10/2017

Triple Leo launches into hedge fund admin space

Based in Philadelphia, Triple Leo Consulting will provide administration services to the hedge funds and fund of funds space.

04/09/2017

Hedge Fund Strife Gives Rich Families New Swagger With Managers

“They were the first movers and shakers into this industry, and now they are once again the coveted segment that most hedge funds find elusive.”

04/09/2017

Investors flock to macro hedge funds, but not only the old guard

Macro funds bet on macroeconomic trends using currencies, bonds, rates and stock futures.

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