09/25/2017
American low-cost fund giant Vanguard is now pulling in £2 million per day in the UK
Vanguard’s fees for customers are capped at £375 per year.
Alternative Investments
09/25/2017
AIG to restructure into three new units, marking CEO's first big move
Two of those businesses will be led by longtime colleagues Duperreault recruited to AIG in July.
09/25/2017
SunTrust Brokerage Shakeup Creates Waves of Management Changes
The restructuring has had immediate repercussions.
09/25/2017
Barron’s Names JNBA Financial Advisors CEO Richard S. Brown to Its List of Top 100 Independent Financial Advisors for Third Year
Bloomington-based JNBA is Only Minnesota Wealth Management Firm on 2017 List
09/25/2017
SunTrust Announces Sale of Premium Assignment Corporation
Lazard served as the financial advisor to IPFS Corporation.
09/22/2017
Neuberger Berman acquires Breton Hill Capital
BHC manages capital for an investor base of institutions, ultra-high net worth individuals and retail investors across various vehicles.
09/21/2017
Investor Satisfaction With Hedge Funds Rising Amid Allocation Uncertainty
While strong returns in 2017 have boosted investors’ short-term opinions.
09/21/2017
RBC Global Asset Management Inc. introduces seven new ETFs
The seven new index tracking ETFs are sub-advised by State Street Global Advisors, the investment management arm of State Street Corporation.
09/21/2017
Investment Adviser Association to form active managers council
Group will lobby to stave off rise of cheap passive funds
09/21/2017
WisdomTree Canada Expands Product Suite with Addition of Three New Funds
WisdomTree's Canadian product suite now covers U.S., Canadian, European and international equities in developed and emerging markets as well as Canadian fixed income.
09/21/2017
Wall Street’s Best-Kept Secret Is a 72-Year-Old Russian Chess Expert
For over two decades, Lev Alburt has been teaching strategy, patience, and prognostication to the finest in finance.
09/20/2017
MassMutual Sees ‘Tremendous’ Asia Opportunity With Yunfeng Deal
The company agreed last month to sell an Asian unit to a group of investors and gain a stake in Yunfeng.
09/20/2017
Guggenheim's CEO Is In Talks to Take Control of Unit in Shake-Up
CEO Walter may form company for personal assets, people say
09/20/2017
Dubai-based investment company now the reported buyer of Sahara Group's NYC hotels
The companies must clear their first hurdle to finalize the deal, which could be securing approval from the minority shareholders of both hotels.
09/20/2017
Columbia Threadneedle Investments to Acquire Lionstone Investments
Acquisition will expand U.S. real estate capabilities complementing U.K. property strength
09/19/2017
TD Bank Group Completes Acquisition of Scottrade Bank
TD Ameritrade Holding Corporation has also announced the completion of its previously announced acquisition of Scottrade Financial Services, Inc.
09/19/2017
Top U.S. funds took slightly tougher stand on pay, review finds
All three firms still cast their advisory compensation votes in favor of management nearly all the time.
09/19/2017
Beacon Capital Management Named to "Wealth Management Magazine's" Ten Fastest Growing RIA Firms with Ten-Year Growth of 837%
Additionally, the company was named as one of the Top 100 RIA Firms of 2016 by RIA Channel and to Inc. Magazine's 5000 List of America's Fastest-Growing Private Companies.
09/18/2017
Sotheby’s to host hedge fund conference
That means attendees can expect wide-ranging discussions on anything from giraffe conservation to gold.
09/18/2017
Longford Capital Closes Fund II at $500 Million
Largest Private Equity Fund in North America Dedicated to Litigation Finance