04/22/2014

No warm EU welcome for US hedge funds

As the deadline nears for an EU directive intended to enhance the protection of European investors, it is becoming clear that it will, instead, curtail their access to lucrative opportunities in the US as hedge funds based there choose not to comply.

04/22/2014

China Orient, Great Eagle To Launch $1B US Property Fund

Hong Kong-based property firm Great Eagle Holdings Limited says it has signed an agreement with China Orient Asset Management Corporation to establish a close-end fund targeting at investment in office properties in the U.S.

04/15/2014

Schwab Reports First Quarter Net Income Up 58% Year-over-Year

The Charles Schwab Corporation announced today that its net income for the first quarter of 2014 was $326Â million, up 2% from $319Â million for the fourth quarter of 2013, and up 58% from $206Â million for the first quarter of 2013.

04/14/2014

Q1 2014 money manager M&A activity summary

Money manager mergers and acquisition activity in the first quarter was flat from the previous quarter with total assets in transactions standing at $305.5 billion but down more than 55% from the first quarter of 2013.