01/08/2014
Legal & General Investment Management America, the U.S. affiliate of LGIM, has seen its U.S. assets under management increase to $35.2 billion as of Nov. 30, from around $6.4 billion at the end of 2007, the unit's first full year of operation.
01/06/2014
He died at home on Dec. 20 after battling a brain tumor for six years, according to his wife, Holland Burford Cunningham.
01/06/2014
The United States Mint will fill orders for certain gold bullion coins exclusively with 2014 issues for only two weeks before filling purchases with a mixture of 2013 and 2014 coins.
01/05/2014
Folks looking to properly balance their portfolios should include alternative investments — but aren’t offered them by financial advisers, more than half of whom say such alternatives are too difficult to understand.
01/02/2014
Institutional interest in bitcoin has been heating up
01/02/2014
CHICAGO, IL--(Marketwired - Jan 2, 2014) - BMO Global Asset Management today launched nine new funds to better meet the evolving needs of investors. The addition of these funds further expands and diversifies the BMO Fund's robust roster, which now s
01/02/2014
The combined business, with more than $44 billion in assets under management and over 375 professionals, will be one of the largest of its kind in the world.
12/31/2013
"This will allow investors to get access to a wide range of markets, trading strategies and alternative investments in a controlled environment," William Landes, senior managing director at Gottex and the fund's chief investment officer sai
12/31/2013
Building and sustaining income-producing products is where firms -- especially legacy fixed-income managers -- face some of their greatest hurdles in 2014 and beyond.
12/26/2013
Despite the lighthearted nature of this situation, theft has become a nagging problem in the world of bitcoin. Earlier this year, it was reported that someone stole up to $100 million in the digital currency from “Sheep Marketplace,” an illega
12/19/2013
The firm began marketing BlackRock Credit Alpha Fund in October, with an initial target of $500 million and the potential to increase it, said one of the people, who asked not to be identified because the process isn’t completed.
12/17/2013
It added that these activities differ in important ways from commercial banking and insurance activities.
12/16/2013
Citibank’s analyst believes that the market is likely to end up with a plethora of “bitcoin lookalikes with little to choose between them, so pricing becomes very difficult.
12/16/2013
The Commodity Futures Trading Commission is moving to force overseas financial firms to comply with certain U.S. rules
12/15/2013
The ad appears to be the first of its kind in the industry, which was recently allowed to market in such a way after this summer’s passage of the JOBS Act.
12/12/2013
SS&C GlobeOp Hedge Fund Performance Index: November performance 1.47%; Capital Movement Index: December net flows advance 0.60%
12/11/2013
His appointment demonstrates our commitment to developing innovative solutions for our clients who are struggling to help their employees transition to retirement.
12/11/2013
The West Coast expansion will bring the firm closer to key players in the fast-growing payment provider industry, co-founder Jerry von Dohlen said in an interview.
12/11/2013
A fund established to offer investors exposure to Bitcoin is holding around $65 million in the digital currency after two months in operation
12/10/2013
The business of hedge funds is caught between rising costs and falling management fees, holding little profit for managers who don’t perform.