10/22/2017
Intercontinental Exchange Completes Acquisition of Bank of America Merrill Lynch’s Global Research Index Platform
The acquired indices will be renamed ICE BofAML Indices and will become part of ICE Data Services’ suite of businesses.
Alternative Investments
10/19/2017
An Abu Dhabi Sovereign Fund Is Doubling Down On Tech With More Cash, More Office Space And More SoftBank
Mubadala Is Touting Its Connection To SoftBank
10/19/2017
Northern Trust launches $250 million cost-cutting initiative
A company spokesman declined to comment on how many positions would be eliminated or added as part of the cost-cutting initiative.
10/18/2017
iCapitalÒ Network Partners with CAIA Association for Alternative Investments
The 2-day program will be led by CAIA instructors and include a customized agenda emphasizing private equity and hedge funds.
10/17/2017
Hedge funds up 1.43 per cent in September, says Preqin
Activist funds made gains of +2.73 per cent in September
10/16/2017
Kames Capital enters US market
Sales and marketing support will be provided by Kames Capital’s Aegon Asset Management affiliate in the US.
10/16/2017
Ninepoint Partners LP Announces Proposed Fund Mergers
Ninepoint Partners will seek the approval of the securityholders of each Fund and the applicable securities regulator in respect of the proposed Mergers.
10/16/2017
State Street Selected as Primary Fund Administrator Partner in Canada by Fiera Capital
Leading Independent Global Asset Manager Consolidates Service Providers in Expanded Relationship with State Street
10/16/2017
Former Goldman Executive Is Raising Money for Quant Hedge Fund
The duo is raising money as more hedge funds and asset managers start quantitative strategies to adapt to a challenging environment for stock pickers.
10/13/2017
Alternative investments may offer returns, but have risks, too
There qualification rules about who can invest including having a net worth that tops $5 million
10/12/2017
US direct lending fund raises $4.5bn war chest as banks retreat
HPS’s fundraising is sign that credit funds are playing bigger role for smaller companies
10/12/2017
Hedge funds post 11th consecutive month of gains
Emerging market funds are broadly positive, adding to a months-long rally.
10/11/2017
New Rating Tool Assesses Investment Funds’ Accountability to Claims of Impact
Aeris issues its first impact management rating of a publicly-traded, fixed-income mutual fund.
10/11/2017
AllianceBernstein Considers Moving Some Staff Away From New York -- Update
AllianceBernstein is considering moving staff to locations including Charlotte, N.C., where AXA is expanding its footprint, and San Antonio, where AllianceBernstein already has an office.
10/10/2017
Starlight Announces PSP Investments and AIMCo as Institutional Partners and Commences U.S.$1.3 Billion Southern U.S. Multi-Family Acquisition Program
Denver is also a city where millennials, who are a key renter demographic, are the largest and fastest growing population group.
10/09/2017
Pros and cons of selling a practice to private equity
The regulatory structure can be a shock.
10/09/2017
Capital Investment Companies Welcomes Monaghan Wealth Management
It became very apparent that the best choice for my career going forward was to be an independent advisor.
10/09/2017
Private aviation startup Wheels Up secures $117.5 million in funding
The two round leaders were joined by NEA.
10/05/2017
Manulife Asset Management gains approval for UCITS in Chile
Manulife Asset Management is the investment manager of these sub-funds.
10/05/2017
Akaan and Aegon joint venture launches asset management company for Mexico
Akaan Transamerica has implemented Aladdin.