07/27/2015
McGraw Hill Said to Be in Talks to Buy SNL Financial
The deal isn’t final and could still fall through
Alternative Investments
07/27/2015
Warba Bank invests in US real estate
The process was made through a fund where the bank is a main investor
07/27/2015
Cetera Advisors, a Cetera Financial Group Firm, to Provide Broker-Dealer Services to Legacy Wealth Management Advisors
After reviewing several independent broker-dealers, we're confident that Cetera Advisors was the best choice.
07/27/2015
Six Leading Executives Create Summit Trail Advisors, A National Wealth Management Boutique
Summit Trail Advisors Partners with Dynasty Financial Partners, the Leading Integrated Service Provider for RIAs
07/24/2015
Ares acquiring Kayne Anderson
Creates One of the Largest and Most Diversified Alternative Asset Managers With $113 Billion of Combined Assets Under Management
07/24/2015
Index provider challenges hedge fund performance
The pattern of returns seems similar
07/24/2015
New Jersey redeems 2 hedge funds of funds
The report noted that $450 million of redemption proceeds will be invested in three hedge funds
07/24/2015
Index provider challenges hedge fund performance
To begin the replication process, Edwards created a hedge fund that invested half its money in US bonds
07/24/2015
Edward DeNoble to launch hedge fund Frontlight Capital
Over the last five years, hedge funds that bet on macroeconomic events have been lagging behind other strategies
07/23/2015
Blackstone to buy Caiola resi portfolio for $700M
Jon Gray, in partnership with Stephen Siegel's Fairstead, doubles down on rentals with 25 Manhattan buildings
07/22/2015
As gold comes under attack, advisers show their mettle
Permanent allocations to the precious metal come under fire again as market slides, but advisers who believe in the asset are ready to double down.
07/22/2015
The Emperor Has No (Green) Clothes
How does one recognize a legitimate green bond?
07/21/2015
Blackstone, Corsair to buy First Eagle
The Blackstone Group and Corsair Capital, along with unnamed clients of the firms, have agreed to buy a majority of First Eagle Investment Management. The deal values the company at about $4 billion, including debt
07/21/2015
BMO Harris parent sells muni bond unit to Piper Jaffray
This transaction will enable BMO to focus its resources on growing our core U.S. businesses
07/21/2015
The Investment Carl Icahn Fears Will Implode in a Financial Crisis
Icahn didn't get to say as much as he wanted because the two were on a panel devoted to activist investing
07/21/2015
Apollo Teams With Ivy to Start Two Funds in Retail Push
Black said during a February earnings call that Apollo is focusing “more and more” on individual investors
07/20/2015
Cohen’s ‘jinxed’ multimillion-dollar penthouse still won’t sell
Hedge fund billionaire Steven A. Cohen is back trying to offload the “jinxed” Manhattan apartment that just won’t sell.
07/20/2015
Instinet named Best Algorithmic and Crossing Network Provider
Ranked #1 for the second consecutive year
07/19/2015
How the most powerful female hedge fund manager sees trading changing in the next 10 years
In the male-dominated world of Wall Street, Braga said she hasn't experienced difficulties.
07/17/2015
AIG Expands Presence in Chinese-American Life Insurance Market
Focus is on agent recruitment, partner support and client service