07/12/2016
Aviva Canada buys out RBC General Insurance
The purchase is also consistent with Aviva’s strategy to offer its customers with more options to access insurance solutions.
Alternative Investments
07/12/2016
Global alternative assets under management hit USD6.2tn
The level of assets in insurance-linked investments is around USD30 billion, of which almost two-thirds is invested in Europe, by 13 asset managers.
07/12/2016
Hong Kong Hedge-Fund Manager Wins Big at Nintendo
Oasis Management, which long urged Nintendo to go mobile, stands to make tens of millions of dollars from ‘Pokémon Go’ craze
07/12/2016
Chile should consider tapping sovereign funds in 2017 -finance minister
Chile has two sovereign wealth funds, currently valued at a combined $26.7 billion.
07/11/2016
Citizens Bank looks to boost Midwest presence
How it’s evolved and its vision for growth throughout the Midwest.
07/11/2016
Global ETF assets under management set to exceed $7 trillion by 2021
The global ETF market has a bright future ahead but the next few years will not be without their challenges.
07/11/2016
U.K. Hedge Funds Look to European Watchdog to Ease Brexit Fears
The opinion will be closely scrutinized by London-based fund managers because it could become a template for when Britain exits the EU.
07/08/2016
Mitsubishi UFJ Financial to Invest in Bitcoin Venture Coinbase
To ramp up operations in Asia, Coinbase is set to raise about $10.5 million from investors on Friday including MUFG’s core banking unit and an MUFG venture-capital fund, bank officials said.
07/08/2016
Banks Get Another Reprieve From Volcker Ban on Private Funds
Under that second requirement, investment banks such as Goldman Sachs Group Inc. and Morgan Stanley have been selling off their stakes before the clock runs out.
07/08/2016
Hedge-Fund Manager Fired After Hamptons Pool-Party Fundraiser Ends With Stolen Art And Damaged Furniture
He is no longer employed by Moore Capital Management.
07/08/2016
Goldmoney Announces Acquisition of Schiff Gold Inc. and Formation of Joint Venture with Renowned Gold Investor Peter Schiff
Generates Significant Value for Shareholders; Expected to be Highly Accretive to Revenue and Gross Profit Growth Per Share Post-Closing
07/07/2016
US Luxury Apartments Average 40% Higher Rents
That gap has widened from about 37% in the second quarter of 2013.
07/07/2016
Canada Life stops trades of its U.K. property funds after Brexit
Pound's fall has pushed down value of U.K. assets, leading investors to try get money out
07/07/2016
COMEBACK: Goldman Sachs Tops SWFI Financial Advisory League Table for H1 2016
This is a sharp decline from the US$ 126.7 directly invested in the first half of 2015.
07/07/2016
Northern Trust expands mutual fund services for correspondent bank clients
By consolidating mutual fund processing, clients will have a single outlet for all asset reporting and settlement.
07/07/2016
State Street Closes the GE Asset Management Deal
SSGA and its clients will benefit highly from the deal.
07/06/2016
It's All About the Fees, Fidelity
It’s easy to see why Fidelity felt like it had to do something.
07/05/2016
SJL Capital LLC Lauches Its Maiden Hedge Fund, SJL MarketDNA Hedge Fund LP
The new launch began trading in May and has a live track record. It is currently domiciled in California.
07/05/2016
Billionaire Diniz Foresees Big-Ticket Deals With Brazil on Sale
The optimism echoes a speech he made in New York last November, when he said Brazil was “very cheap for foreign investors.”
07/05/2016
Tencent Woos Investors to Join Clan Buying Supercell
Deal values Finnish games company at $10.2 billion