03/02/2015
The Kuwait Investment Office (KIO), the London branch office of sovereign wealth fund Kuwait Investment Authority (KIA), is gradually reducing its overweight stance on U.S. assets after keeping that position for seven years
03/02/2015
Hedge fund Kerrisdale Capital on Monday urged Webster Financial Corp. to consider spinning off its health savings business from its core banking operations
02/27/2015
BNY Mellon Investment Management announced today that it has partnered with Amherst Holdings, LLC, a leading financial services provider to institutional investors in the mortgage and structured finance sectors, to launch Amherst Capital Management LLC (A
02/27/2015
Concept Capital Markets, LLC named Best North American Prime Broker by Hedgeweek Global Awards in its 2015 reader nominated survey
02/26/2015
PURE offers broad insurance plans with higher limits than typically offered by standard carriers, according to company information.
02/26/2015
Today he's one of the wealthiest managers in the hedge fund world.
02/26/2015
The investment approach for the U.S. Select Equity Fund, a new sub-fund for the Luxembourg-domiciled Wells Fargo (Lux) Worldwide Fund, is a style-neutral, all-cap strategy.
02/25/2015
Legg Mason's chief executive Joe Sullivan said the firm is in talks to buy two businesses that are both not based in the US.
02/25/2015
Sanjiv Mirchandani appointed president of Fidelity Clearing and Custody Michael Durbin appointed president of new Fidelity Wealth Technologies group
02/25/2015
RBC as an LP will further bolster this growth and give customers access to a leading liquidity provider in both major and emerging market currencies.
02/25/2015
It found, first of all, that all those “sophisticated investors” would have been better off stashing their money in basi
02/24/2015
The acquisition will add 730 financial advisers, boosting Stifel’s headcount of wealth management professionals by 35% to more than 2,800.
02/23/2015
Carlyle is one of several buyout firms that has expanded into hedge funds in recent years
02/23/2015
Harbour partners with global asset manager
“In searching for an appropriate global equity manager to partner with, we sought a manager with a strong track-record, high quality people, a research edge and a philosophical alignment with Harbour.”
02/23/2015
The net-long position in gold tumbled 18 percent
02/20/2015
That is up from 11 firms, 20 portfolios and $3 billion in AUM when the program was launched in August 2013.
02/20/2015
Flow-through partnerships are one of the most effective tax reduction strategies available to Canadians
02/19/2015
CFG is specialized in offering customized private placement variable universal life insurance and private placement variable annuities.
02/19/2015
The country has appointed international law firm Arnold & Porter as legal advisor for the sale.
02/19/2015
The move, which was confirmed by Uber, comes just weeks after the company closed a $1.2 billion round of financing