09/16/2014
The California Public Employees' Retirement System, the largest U.S. pension fund, said on Monday that it will pull all $4 billion it has invested in hedge funds because it finds them too costly and complicated.
09/15/2014
Allianz plans to sell U.S. consumer business
Fireman's Fund's commercial coverage focused on small and medium-sized U.S. businesses will be integrated into Allianz' industrial insurance unit called Allianz Global Corporate & Specialty, Sueddeutsche Zeitung reported on Saturday.
09/15/2014
A portfolio manager realignment at Thornburg Investment Management to shore up performance in the firm's international value equity institutional strategy and mutual fund has fueled a substantial client exodus.
09/15/2014
Ed Cowart, who manages the Nordea 1 – North American All Cap Fund for Nordea, won the Sauren Golden Award 2014 in the “U.S. equities” category yesterday.
09/15/2014
The Dreyfus Corporation, a BNY Mellon company, announced today that it has launched three new mutual funds that seek to improve market exposure by pursuing consistent benchmark outperformance and downside protection potential relative to traditional marke
09/15/2014
During 45 years as a member of the NYSE, Robbins was a walking encyclopedia of names and numbers and redefined the role of the independent floor broker.
09/12/2014
wo Powerhouse Names In Real Estate Form Largest International Network For Prime and Super-Prime Properties, Release First Co-branded Wealth Report Supplement
09/12/2014
The new fund is actively managed by SSGA’s Active Quantitative Equity Group and is based on the firm’s proprietary quantitative market risk measurement model.
09/11/2014
Alpha Strategic - the strategic investment arm of fund management group Northill Capital - has made a minority investment in US alternatives firm Premium Point Investments.
09/10/2014
Stripes Group has closed its third institutional fund vehicle, SG Growth Partners III. The fund attracted $500 million of commitments from institutional investors reaching both its target and hard-cap.
09/10/2014
The investment opportunity generated by new, innovative peer to peer lending platforms is becoming more and more apparent to mainstream finance.
09/08/2014
The filing included a nominal fundraising target of about $200 million.
09/08/2014
CSIM is the only asset manager to offer mutual funds and exchange-traded funds
09/08/2014
Alternative asset manager Fifth Street Asset Management Inc filed with U.S. regulators for an initial public offering of its Class A common stock.
09/07/2014
Man Group has completed its acquisition of Numeric Holdings after shareholders approved the deal this morning.
09/05/2014
Mutual fund directors receive huge salaries for little work and minimal manager supervision
09/05/2014
Many hedge-fund managers, particularly those that bet on global economic trends, have criticized stock prices
09/05/2014
This award is a direct result of the hard work of our team
09/05/2014
Cleaning up China’s air also will benefit Americans because airborne pollutants ride the jet stream to the U.S.
09/04/2014
The Fund was oversubscribed with equity commitments of approximately $210 million.