09/29/2016
California freezes business with Wells Fargo over massive client fraud
California is the nation’s largest issuer of municipal debt.
Alternative Investments
09/29/2016
BlackRock to offer infrastructure funds via independent advisers
Private infrastructure funds invest in massive projects
09/27/2016
Perry Capital to shut down after 28 years
Richard Perry tells investors timing for success ‘too unpredictable’
09/27/2016
Hedge Funds Take Another Punch to Gut
Brevan Howard Asset Management LLP To Charge 0% Fees, and Perry Capital LLC To Shut Down
09/27/2016
2 of the biggest exchange groups in the US have agreed to merge
By buying Bats, the CBOE is looking to extend its geographical reach and products while cutting costs.
09/27/2016
Rebound in Latin American markets and the feelgood factor of the XXXI Olympiad powers strong interest in international Property Bond and Brazilian Real Estate
The Bond, which pays a fixed rate of 10% gross interest per annum, will close on 31st October and has already caught the imagination of 130 income-hungry investors.
09/27/2016
Hedge fund to close doors due to ‘unpredictable’ markets
Richard Perry firm has lost 60 percent of its assets under management over the past two years
09/26/2016
Vanguard extends credit line to $3bn
Regulators fear effects of fund houses preparing for emergency redemptions
09/26/2016
Mirae Asset fund targets U.S. real estate
The funds that are investing in buildings have no such risks
09/26/2016
Eagle Gates Group eyes expansion into India and Russia
These two countries require wealth management solutions and we can provide it to them at a better cost than other companies.
09/26/2016
Securities America Acquires Assets of Wall Street Financial Group
Securities America can provide WSFG’s advisors vital compliance and fiduciary services.
09/23/2016
Private equity gambles on Towergate
MDP joins some of the world’s largest private equity firms on the Towergate investor register.
09/23/2016
Private equity gambles on Towergate
Its majority shareholder is Highbridge Principal Strategies, which manages $25 billion.
09/22/2016
Raymond James Financial Reports August 2016
The increase in August was attributable to growth in the Private Client Group segment, which was partially offset by a decline in institutional equity commissions.
09/22/2016
Citigroup Said in Exclusive Talks Over Brazil, Argentina Units
The Brazil assets will probably sell for $350 million to $450 million, people have previously said.
09/20/2016
TCA Fund Management Names Fickling As PM on New Fund
TCA said in the statement, and is the former vice president of Mulberry Street Investment Company.
09/19/2016
Bahrain's Investcorp acquires $223.5 mln office tower in Seattle
The company's initiative to acquire top-quality, well occupied, cash flowing properties in gateway markets in the U.S.
09/19/2016
Australian superannuation funds target the US infrastructure market
To use more pension and superannuation fund money to help improve, maintain and build a range of infrastructure assets
09/19/2016
Gemini Alt Wins Hedgeweek USA Award
Institutional Investors & Fund Managers Select Gemini Alternative Funds, LLC's Managed Account Platform as Best-in-Class Solution
09/19/2016
Starwood to court Israeli institutional investors
Starwood Capital's target for its 11th fund is $6 billion, and the fund hopes to raise hundreds of millions of dollars in Israel.