09/16/2016
Hedge fund to lay off employees in 'renovation'
A Bridgewater spokeswoman couldn't comment on the scope of the planned layoffs
Alternative Investments
09/16/2016
National Accounting Firm and Leading Tech Company Join Forces
AHA Merger with MNP Brings Enhanced Technology Solutions to Clients
09/15/2016
Invesco to invest in fallen angel debt as beta solution
The bonds in the index must have a minimum rating of C by S&P and Ca by Moody’s, and a maximum rating of BB+ by S&P and Ba1 by Moody’s to be eligible.
09/15/2016
Manulife Asset Management Posts CAD$6.1 Billion Gross, CAD$2.4 Billion Net Institutional Sales Globally in First Half of 2016
Many investors seek alternatives to low yield bonds and greater certainty in attaining their long-term investing objectives.
09/15/2016
Hedge Fund Industry Growth ‘Unwelcome,’ Says Caxton’s Law
It previously charged as much as 2.6 percent, according to a government filing.
09/15/2016
Object Trading first vendor to conform to ASX’s New Trading Platform
Object Trading’s platform provides the flexibility and adaptable infrastructure that is needed to continue trading in an ever-changing, global market.
09/15/2016
Outsourcing: Experience is Key
SS&C is one of the leading fund administrators for both onshore and offshore hedge funds.
09/15/2016
Cetera to sell broker-dealer that focuses on retirement plans for teachers
The sale of the assets includes 350 advisers and operates under the broker-dealer holding company Legend Group Holdings
09/15/2016
Voya's new CEO looking to broaden alternatives, customized solutions
She took the role of CEO on Sept. 1 after Jeffrey Becker left to become CEO at Jennison Associates
09/14/2016
Private-equity firms ramp up M&A in RIA industry, Charles Schwab report shows
They made up 26% of buyers in first half of 2016, up from 11% in the first half of 2015
09/14/2016
U.S. bank overseer plans report on marketplace lending this fall
U.S. Comptroller to complete a framework to regulate marketplace lending
09/14/2016
Merrill Lynch Broker Team With $550 Million in Assets Resigns
Ex-Merrill adviser team launches international-focused boutique
09/14/2016
TA Associates takes Goldman Sachs Asset Management Aus arm
The Company has more than A$8 billion in assets under management.
09/14/2016
Investment-starved Argentina asks CEOs to take another look
The next step should be the regulatory and institutional framework.
09/14/2016
Witherspoon uses Hydra marketplace for FitzRandolph Futures Fund
FitzRandolph Futures Fund is a multi-manager futures fund which launched in June with a USD50 million seed investment from a family office
09/13/2016
Morgan Stanley Brokers, with $2.2 Billion in Assets, Depart
Departure is latest example of finance veterans leaving traditional brokers for independent investment-advisory firms
09/13/2016
Self-Storage REIT Extra Space Announces CEO Change; Kirk and Margolis to Speak at BAML Conference
Kirk will continue to serve on the Extra Space board of directors.
09/13/2016
Four reasons to be wary of Emerging Markets, despite the 2016 rebound
But market expectations are now pointing to a probability of a further US rate rise before year end.
09/13/2016
China and World Bank form firm to fund Africa projects
The joint investment firm intends to adopt a multilateral strategy for infrastructure finance like the Asian Infrastructure Investment Bank and the New Development Bank also known as the BRICS Bank which have nearly 60 nations as shareholders.
09/13/2016
Fidelity’s Workplace Retirement Business Adds $65 Billion in New DC Assets in the First Half of 2016
This high level of demand is in response to employees asking for more financial wellness solutions.