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.
Alternative Investments
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
03/29/2016
'Triggers’ help hedge funds achieve outperformance when investing in LatAm
The second issue that investors are interested for is the rule of law.
03/29/2016
Hedge fund Luxor Capital alters terms of withdrawal plan
Only clients who asked to get their money out on April 1 and July 1 will see a portion of their money put into the SPV and the fund will not charge any fees on these assets.
03/28/2016
Hedge Funds start pulling out of Silicon Valley as startups fail to deliver
"We've completely stopped investing in private tech," said Jeremy Abelson, a portfolio manager at Irving Investors, a small hedge fund based in New York. "I'm done with intangible valuations, unknown exits, unknown liquidity, and
03/28/2016
Donald Trump's Hedge Fund Investments Aren't Doing So Well
But the billionaire seems unfazed
03/28/2016
Nomura plans layoffs in North America
In the Americas, the company has posted pretax losses for six straight quarters.
03/28/2016
Prepare for Disruption in High Net Worth Insurance Segment
The high net worth client segment has been and will continue to be a strongly pursued segment for all financial institutions.
03/28/2016
Bitcoin Crushes Bank Fees in Emerging Economies
It is emerging market central banks that buy 80 percent of those bonds as foreign exchange reserves to gain market credibility.
03/24/2016
Wells Fargo Municipal Income Team Wins Five Lipper Fund Awards
The investment team includes 9 portfolio managers who are supported by 15 portfolio analysts.