04/10/2016
US faces ‘disastrous’ $3.4tn pension funding hole
Large pension shortfalls have already played a role in driving several US cities, including Detroit in Michigan and San Bernardino in California, to file for bankruptcy.
Alternative Investments
04/08/2016
Blackstone to Shut Mutual Fund After Fidelity Pulls Out
Blackstone’s multimanager fund has fallen 4.1 percent this year after gaining 4 percent in 2015.
04/07/2016
Bitcoin Thrives In The Philippines And Argentina
The global appeal of Bitcoin and other digital currencies will eventually lead to emerging countries embracing these concepts rather than staying with inflationary currencies.
04/07/2016
Fiera Capital expands distribution reach in U.K. and Europe through new partnership with Bedrock
Fiera Capital is pleased to expand its presence in the European market through this partnership with Bedrock," said Jean-Guy Desjardins, Chairman and Chief Executive Officer of Fiera Capital.
04/07/2016
Orangewood Partners Launches Peaceable Street Capital for Investing in Self-Storage, Other Real Estate
The company has completed two transactions thus far, including a preferred-equity investment last month in an unidentified self-storage portfolio.
04/07/2016
Hedge fund billionaire could save hundreds of millions from move
According to Institutional Investor's Alpha, Tepper has earned more than $6 billion over the past three years.
04/06/2016
Macquarie Capital Adds Aerospace, Defense & Government Services Industry Coverage
Jeremy Parker joins Macquarie Capital as a Managing Director leading the Aerospace, Defense and Government Services coverage in New York
04/06/2016
MetLife Tried to Shed Fed Oversight in 2008
What is less known is that MetLife also attempted in August 2008 to shed Fed supervision by applying to change the nature of its banking charter, according to a public notice of the application filing obtained by The Wall Street Journal.
04/06/2016
Ally Financial to buy digital wealth management firm TradeKing Group BBR Staff Writer
The deal is part of Ally Financial's plans to expand into new business lines including wealth management, mortgages and credit cards.
04/05/2016
Stone Point Capital Acquires Majority Stake in NFP Advisor Services
NFP, a leading insurance broker and consultant, has entered into an agreement with funds managed by Stone Point Capital LLC, a private equity firm focused on investing in the global financial services industry.
04/05/2016
Opus Fund Services - Best Global Hedge Fund Administrator
Indeed, Opus is at the vanguard of providing administration services to managers investing in the marketplace or `peer-to-peer' lending space.
04/04/2016
RMBS slowly moving back into portfolios
Execs say once-reviled investments aren't the same as earlier incarnation
04/01/2016
Natixis Global Asset Management Launches New Sustainable Equity Fund
Applies a Thematic Approach to ESG Analysis for Investors Looking for Impactful and Responsible Management
03/31/2016
State Street to Buy G.E.’s Asset Management Business
GE Asset Management has more than $100 billion in assets under management and more than 100 institutional clients
03/31/2016
McCarthy Capital Closes $353 Million Growth Equity Fund
The firm’s investment team brings a disciplined adherence to the mission of growing businesses in partnership with management.
03/31/2016
BlackRock Plans to Cut About 400 Jobs in Coming Weeks
In a memo to employees, BlackRock said the job cuts have not yet been finalized and that those affected by the changes will be treated fairly and with respect.
03/30/2016
Louis Bacon's charity says it was victim of executive accused of fraud
The foundation put $25 million into what federal authorities on Monday called a "brazen" scheme to defraud investors.
03/30/2016
Excel Funds Management Inc. announces partnership with Aditya Birla Sun Life Company Pte. Limited
Capitalizing on the mounting interest in overseas markets, Excel Funds will be hosting a panel of global investment experts, including representatives from BSLAMC
03/30/2016
Hamilton Bancorp and Fraternity Bancorp Merger Receives Approval
The merger is expected to close on May 13, 2016.
03/30/2016
State Street to buy GE Asset Management
GEAM has more than $100 billion in assets under management for more than 100 institutional clients