05/15/2015
Seth Klarman's Hedge Fund Bought Stock In David Einhorn's Big Shale Oil Short
Baupost’s position in Pioneer Natural Resources was valued at $518 million at the end of March
Alternative Investments
05/14/2015
New York hedge fund buys RadioShack name, data for $26.2M
New York hedge fund Standard General LP has been declared the winner in an auction for RadioShack’s name and other intellectual property
05/13/2015
Nasdaq Tapping Bitcoin's Powerful New Transaction Technology
The Nasdaq stock exchange is tapping Bitcoin's powerful new transaction technology to create a more secure, efficient system to trade stocks
05/12/2015
JAT Capital Management Returning Investor Money
JAT founder John A. Thaler told clients in the letter that he will convert his firm into a family office, private firms that are dedicated to managing the wealth of a family.
05/11/2015
TPG-Backed DTZ to Acquire Cushman & Wakefield
The expanded full-service offering will provide a unique combination of deep, local market presence with significant scale in core services in the major global markets.
05/08/2015
MassMutual Cinches Seven Stevie Awards for Customer Service
Massachusetts Mutual Life Insurance Company (MassMutual) was presented with one Gold and Six Bronze Stevie Awards in recognition of its achievement in business
05/08/2015
11th Annual SMA Managers of the Year Honored by Envestnet & Investment Advisor Magazine
Cushing Asset Management Named Overall SMA Manager of the Year during 2015 Envestnet Advisor Summit at Hilton Chicago
05/07/2015
Daniel Loeb Strikes Back Against Buffett’s Criticism of Hedge Funds
He was taking aim at a public bet that Mr. Buffett made against the hedge fund industry
05/07/2015
Hedge funds eye Florida's 'New Manhattan'
The efforts have helped prod several big hedge fund moves.
05/07/2015
Bill Gross’s Fund Takes Hit Amid Bond Selloff
Large losses in latest week at famed money manager’s bond fund undercut a nascent comeback
05/07/2015
BNY Mellon Awarded Best ETF Service Provider In The Americas for Ninth Year in Row
This award reflects our continuing focus on customer service and technological innovation
05/06/2015
TIFA Prospect: U.S., Armenia set to sign new trade deal
A leading Armenian American advocacy group has welcomed the announcement that a U.S.-Armenia Trade and Investment Framework Agreement (TIFA) is likely to be signed this week
05/06/2015
Islam Meets Wall Street
Since Islamic law prohibits the charging or paying of interest, sukuk transactions often look more like equity than debt
05/05/2015
SEI Launches Institutional Catholic Values Funds
New Funds Support Principles Set Forth by the Catholic Church
05/04/2015
Buffett warns on reinsurance industry as hedge funds pile in
Warren Buffett, the billionaire chairman of Berkshire Hathaway, said he expects a slump in reinsurance results in the coming decade as investors enter the market
05/04/2015
Value investor Parag Parikh dies in a car crash in US
The CEO of the PPFAS AMC was at Omaha, Nebraska, to attend Warren Buffett’s talk as part of Berkshire Hathaway’s 2015 annual meeting
05/04/2015
Buffett Sees Reinsurance Slump
Competition has driven down prices, while low interest rates pressure bond portfolios.
05/03/2015
Macquarie revives talks with Jefferies on precious metals business -sources
Australia's Macquarie Group Ltd is looking to recruit the precious metals trading team of Jefferies Group LLC's commodities brokerage, two sources familiar with the matter said on Friday.
05/01/2015
Kelso & Company and Estancia Capital Management Complete Acquisition of American Beacon Advisors
We are excited to begin the next phase of our growth story with Kelso and Estancia
05/01/2015
NYC Seeks Diversity Among Its Asset Managers
Comptroller Scott Stringer cites data showing superior performance by more-diverse firms