02/03/2014
Mr. Sender, who moved to Florida several years ago, is known for considering art as an investment. His sales of 30 contemporary art works in 2006 totaled more than $19 million, a sixfold return on his investment.
02/03/2014
Larger global footprint with offices in San Francisco, New York, the British Virgin Islands, Singapore, and Toronto.
02/03/2014
The firm, which will manage about $9 billion for Cohen in addition to employee money, plans to have three trading units after the restructuring, said the person, who asked not to be identified because the firm is private.
01/31/2014
Two major stock-focused hedge funds to Close
The back-to-back farewells from the New York-based firms mark two of the hedge-fund industry's largest closures in recent years.
01/30/2014
While growth rates will be highest in Asia and lowest in the more mature US market, the growth drivers will be the same across all markets
01/28/2014
The addition of Morningstar CISDM is part of WRDS’ continued growth and dedication to meeting the information needs of the financial services industry
01/27/2014
Leading middle market brokerage agrees to acquire Wells Fargo Insurance brokerage and consulting locations across the nation
01/24/2014
Richard Schimel, back in the hedge fund business after the U.S. government's insider trading probe helped force him to shut down Diamondback Capital, sees a chance to make money in certain financial stocks this year.
01/23/2014
The SS&C GlobeOp Forward Redemption Indicator for January 2014 measured 2.67%, down from 5.90% in December
01/23/2014
The db X-trackers platform will now feature 11 currency-hedged equity ETFs
01/22/2014
Gemini Fund Services, LLC, an engaged partner to independent advisors as a provider of comprehensive, pooled investment solutions, continues to broaden its array of services available to alternative fund managers.
01/20/2014
BTG plans to keep growing the business on its own to offer hedging
01/20/2014
Robust ETP flows in December Mark Strong 2013 with equity ETPs reaching all-time record - BlackRock
Global ETP flows accelerated in December to $24.7bn, following the Fed's decision to begin trimming its $85bn monthly bond-buying program.
01/17/2014
Major institutional investors around the world are poised to increase their allocations to alternative investments, with a bias towards real estate and real assets, during 2014
01/16/2014
It is not clear what type of fund Savage and DiRusso would manage
01/16/2014
Citi's Ex-Hedge Fund Chief Loses $1 Million in Deep-Sea Treasure Hunt
The deal started with a treasure map, supposedly bought from a drifter at a saloon in Key West for $500.
01/16/2014
Morningstar today named Dennis Lynch and the Morgan Stanley Investment Management Growth Team as the 2013 U.S. Domestic-Stock Fund Manager of the Year.
01/16/2014
The shares gained 44 percent in the past 12 months through yesterday, including reinvested dividends, compared with the 39 percent increase in the 20-member Standard & Poor’s index of asset managers and custody banks.
01/16/2014
The 2014 Hedge Fund Compensation Report revealed that hedge fund players received increases in both base salary and year-end bonuses.
01/13/2014
The average size of these transactions in 2013 was $28m, and that deal size is also expected to continue.