10/09/2014
San Francisco Pension Officials Halt Proposal to Invest In Hedge Funds
San Francisco officials on Wednesday tabled a proposal to move up to 15 percent of the city's $20 billion pension portfolio into hedge funds.
Alternative Investments
10/08/2014
Big Brokerages Stay With Pimco for Now
Investors withdrew $23.5 billion from its Total Return fund last month
10/08/2014
Ex-Millennium Manager Seeks $150 Million for New Fund
Daniel Gotvald, a former Millennium Management LLC money manager, is starting Livingston Capital Partners LLC, named after the fictional protagonist of a 1923 book about trading that’s considered a Wall Street classic.
10/08/2014
Deutsche Bank Said to Explore Selling U.S. Real Estate
Deutsche Bank is seeking to take advantage of rising real estate values and investor appetite for higher-yielding debt
10/07/2014
MUFG Union Bank, Guggenheim Investment Advisory Announce Global, Strategic Alternative Investment Partnership
The Private Bank is an exclusive part of MUFG Union Bank dedicated to the financial needs of high net worth individuals, non-profit organizations, business owners, corporate executives, and professional service firms.
10/06/2014
Vanguard’s $3 Trillion Man
Especially in the past couple of years, investors have flocked to index and exchange-traded funds, Vanguard staples.
10/06/2014
Global banks join hands to set up one-stop bond shop
A group of 12 global banks are working together to set up a one-stop bond shop for buyers and sellers of corporate bonds
10/06/2014
European and American Banks Consider One-Stop Bond Shop
A group of European and American banking giants as well as a dozen or so asset managers are reportedly working together to set up a one-stop bond shop for buyers and sellers of corporate bonds.
10/03/2014
Goldman considering setting up new infrastructure fund
When Goldman last raised an infrastructure fund in 2010, it met with lukewarm demand.
10/02/2014
Neuberger Berman acquires Orchard Square hedge fund
The transaction is expected to close on December 31, 2014.
10/02/2014
Pershing Square hedge fund raises over $3bn in Amsterdam float
Members of the management team at Pershing Square purchased an extra $129m in shares.
10/02/2014
Investors hedging their bets with a bar of gold or two
Minted bars, which range from 1 gram to 100 grams, took the lion's share of the increase, rising 37 per cent to 12,238 ounces, with investors in Germany and the US the biggest buyers.
10/01/2014
Investing in Bitcoin: Gauging the Fair Value and Future Price of Bitcoin
Gil Luria, managing director of equity research for Wedbush – and co-author of several analyst reports on the digital currency — believes 2014, in spite of some monumental setbacks, has been another step in the right direction for bitcoin.
09/30/2014
KKR Said to Back Hedge Fund of Former York Capital Asia CEO
The private-equity firm led by billionaires Henry Kravis and George Roberts, based in New York, will take an unspecified minority stake in Acion
09/30/2014
Hedge Funds Must Ramp Up Infrastructure to Accommodate Liquid Alts
Hedge fund managers quickly see that the additional infrastructure required to manage a Liquid Alt is far more complex
09/30/2014
With acquisition, PNC set to enter IPO market
PNC Financial Services Group is getting into the business of advising companies that want to go public, capitalizing on the hot market for initial public offerings at a time when banks are looking for new sources of revenue.
09/30/2014
Next out of the block
The conversation will spiral on through the suitability of crypto currencies for legitimate business
09/29/2014
How Bill Gross became too hot for Pimco to handle
The flagship Total Return Fund, the world's largest bond fund, suffered 16 straight months of outflows. The wrangling and the underperformance grated on the executive committee, chaired by Chief Executive Douglas Hodge.
09/29/2014
Former Punk Rocker Is Wall Street's New Bond King
Gundlach, on the other hand, has seen money pouring in
09/27/2014
Choosing a Fund Administrator for the Long Term by Eamonn Greaves, SS&C
As we meet with asset management firms who are considering third-party fund administration, it’s clear that certain elements of service have become of greater importance.