Alternative Investments

10/31/2014

Will Google Become A Fund Manager

Just when you thought the behemoth couldn’t get any bigger, the Financial Times has now revealed that Google is eyeing entering the asset management business.

10/30/2014

Pershing Wins Top Hedge Fund Award for the Third Year

BNY Mellon company, Pershing LLC’s prime brokerage unit was named ‘Best Prime Broker—Custodial Solution’ for the third time in as many years at HFMWeek’s US Hedge Fund Services Awards ceremony in New York.

10/30/2014

Middle East investors behind $1bn US project

Middle East investors are among those behind a new $1bn plus mixed-use retail project being developed in Los Angeles, which will be designed by legendary architect Frank Gehry

10/28/2014

New Commodity ETF Reveals Tax Loophole

The total number of ETFs offered by the end of 2013 reached 1,294 and represented $1.675 trillion in assets under management. That’s up from a mere 113 in 2002.

10/27/2014

Former Sam Zell Partners Get $100 Million From New York Life

Jaguar Growth Partners, a privately-held investment management and advisory firm run by former business partners of Sam Zell, has received $100 million in new financing from New York Life Insurance Company for its inaugural fund.

10/27/2014

NextGen Bond Managers

These four managers have enough of a track record to show real-world results in up and down markets, but are young enough that they potentially could be managing funds for the next few decades.

10/23/2014

BGC launches formal $675 mln offer for rival broker

The industry has also faced challenges as regulators have pushed more derivatives trading onto electronic platforms in a bid to make the market more open and safer. Low interest rates also have dampened market volatility, adding to brokers' woes.