09/03/2015
Hedge funds Maverick, Tiger Ratan up double digits for YTD
Nehal Chopra's $2 billion hedge fund Tiger Ratan, meanwhile, lost 6.6 percent last month, but remains up 21.6 percent year to date
Alternative Investments
09/03/2015
State Street Executive Vice President, Investment Servicing Americas, Gunjan Kedia, Will Present at the 2015 Barclays Global Financial Services Conference
A recorded replay of the presentation will be available on the Investor Relations website later in the day.
09/02/2015
OppenheimerFunds Invests in a Beautiful World
Global Asset Manager Launches New Ad Campaign
09/02/2015
Magna acquired by Pinnacle Financial for $83M
Magna was formed by Memphis investors and Kirk Bailey, former president of the old Union Planters National Bank in Memphis
09/02/2015
Quovo Raises $4.75M; Wealth Management CEOs Among Backers
The fintech boom, robo-advisors, and new regulations have pushed the wealth management industry into the digital revolution
09/02/2015
Cetera Financial Institutions Welcomes Alabama Credit Union Investment Services Team to Broker-Dealer Platform
Newly Branded ACU Investment Services to Focus on Growth and Strengthen Relationship with Existing Credit Union Membership
09/02/2015
BlackRock’s McKenna Starts Hedge Fund With $270 Million
Hedge funds accounted for $31 billion of the firm’s $4.72 trillion in assets as of June 30.
09/01/2015
NFP Acquires Insurance Management Associates
The acquisition of IMA enhances our commercial line capabilities, particularly in designing solutions for clients with complex risk profiles.
09/01/2015
Paving The Future
The firm has just eight employees, which is surprising considering the scale of its business.
09/01/2015
Wealth Advisors Group Announces New Broker-Dealer Affiliation with Lincoln Financial Advisors
This move will benefit everybody involved.
09/01/2015
Sun Life completes Bentall Kennedy acquisition
Bentall Kennedy will continue to be managed by its current team
09/01/2015
One Equity to acquire August Columbia Capital
Through this transaction, OEP will increase its existing presence on the technology and technology enabled markets by adding the long history and market presence of Augusta Columbia.
08/31/2015
DoubleLine Capital opens commodity mutual fund to investors
A broad mix of commodities historically has shown low correlations to stocks, bonds and cash.
08/31/2015
University Endowment Returns Fall With Equity, Bond Markets
Endowments aim to achieve about a 7.5 percent return to protect against inflation and provide for university support expenses.
08/31/2015
Calpers, Calstrs Want Bank of America to Separate Roles of Chairman, CEO
The California pension funds oppose a bylaw change that would let Brian Moynihan hold both roles
08/26/2015
Shariah Compliant, Globally Diversified
The product, the Azzad Wise Capital Fund, had reached about $50 million
08/26/2015
Loeb ruling raises hurdles for activists
Third Point’s conduct demonstrated that it intended to have more than a passive interest in Yahoo
08/26/2015
Manual swap management still rife, says SimCorp
Combined with a lack of automation, this can lead to poor investments, meaning investors may not get the best returns.
08/26/2015
Kevin O'Leary, Star of Shark Tank, Launches 4 Smart-Beta ETFs
The quality and low volatility requirements are designed to potentially reduce exposure to high dividend equities
08/24/2015
Managers courting new client base
Rising institutional, regulatory pressures are part of the reason