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.
Alternative Investments
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.
04/09/2017
Investors Warm to Green Bonds
Popular in Europe, the do-good debt is growing in the U.S., too—part of the mainstream acceptance of sustainable investing
04/07/2017
Hedge Fund Tiger Global Is Making A Major Bet On Billionaire Leon Black
Now one of the world's most closely-watched hedge funds, billionaire Chase Coleman's Tiger Global
04/07/2017
HighTower Nears Acquisition of $6.4 Billion RIA Complex
It’s unclear which 10 RIAs HighTower wants to acquire.
04/06/2017
New $250 Million Texas Real Estate Fund Eyes Dallas
The fund will be used to finance acquisitions and renovations in the residential real estate space.
04/05/2017
Pimco regains title of managing biggest active bond fund
Low-cost shares of the Pimco Income Fund are up 3 percent this year