12/26/2014
Star fund manager of 2013 falls to earth in 2014
One of the hottest mutual fund managers of recent years crashed to earth in 2014, after his bets on rising inflation turned sour because of the sluggish global economy.
Alternative Investments
12/25/2014
After Losing over 90% of their Assets, Quantitative Hedge Fund QCM Roars Back
After seeing assets under management drop from near $1 billion to $55 million in two years, quantitative hedge fund Quality Capital Management is now finding a market environment they like.
12/24/2014
Credit Agricole Securities Announces Placement of $300 Million of Asset-Backed Notes for an Affiliate of Reinsurance Group of America, Incorporated
Independent third-party analysis of the cash flows under various scenarios for the notes was provided by Towers Watson.
12/24/2014
Hedge fund drops out of EDMC lawsuit, but 2nd remains
One of two hedge funds suing to block a restructuring deal at Education Management Corp. has dropped out of the case.
12/23/2014
Ousted American Apparel CEO Dov Charney Claims He Was Robbed By A Hedge Fund
Charney got a loan from Standard General in July so he could boost his ownership of American Apparel to 43% after he was fired as CEO in June.
12/23/2014
Manulife Announces Transaction with New York Life Which Significantly Expands John Hancock's Retirement Plan Services Business
Acquisition of New York Life's RPS business accelerates John Hancock's expansion into the mid-case and large-case retirement plan markets and increases plan assets under administration by approximately US$50 billion (60 percent) to about US$135
12/22/2014
The fund that was too good to be true
Money manager F-Squared used a hot ETF strategy to collect billions.
12/22/2014
The Bond King Is Dead, Long Live the Bond King: Bill Gross’s Crazy 2014
After a high-profile departure from Pacific Investment Management Co., the man once known as Wall Street's "bond king" is trying to rebuild his empire.
12/21/2014
Why Steve Cohen, Connecticut Hedge Fund Billionaire, Gives So Much In New York
Billionaire Steve Cohen was born in Great Neck, New York before attending Wharton, working on Wall Street and then founding SAC Capital Advisors in Connecticut
12/19/2014
Institutional Investors Embrace Real Assets in Search for Returns and Protection - BlackRock Survey
Real estate was the most common form of real asset investments
12/19/2014
Hedge funds shrug off volatility with $30B in gains
The hedge fund industry experienced net outflows of $1.5 billion according to mid fourth quarter data from Hedge Fund Research (HFR), which covers October and November this year.
12/19/2014
Standard Life Investment Expands Global Footprint
The business now manages over £240bn of assets and has increased its operational and client servicing footprint, with further investment planned to support continued growth.
12/19/2014
North American Family Offices Turning Co-Investment
The popular belief that family offices in North America regularly invest together has been challenged by the Global Family Office Report 2014
12/19/2014
J.P. Morgan Asset Management and Sonnedix Announce Global Solar Joint Venture
The joint venture platform currently operates 17 power plants with 117MW of installed capacity across France, Italy, Spain, Thailand and Puerto Rico.
12/19/2014
Investor in Meredith Whitney's hedge fund wants his money back
The biggest investor in Meredith Whitney's hedge fund has demanded his money back and two executives have left in the past month
12/19/2014
China, Chile seek enhanced trade, investment
Chile is trying to attract Chinese investors to do PPP when in Chile, with $15.2 billion infrastructure projects under way.
12/18/2014
Man Group steps up U.S. presence with Silvermine deal
Man Group plans to buy U.S. fund manager Silvermine Capital for up to $70 million, picking up $3.8 billion of assets under management to further strengthen its presence in the United States.
12/18/2014
Video Released by Pershing Square Capital Management Exposes Senior Distributors Admitting that Herbalife Uses a “Level of Inauthenticity,” leading to “Eventual Deception”
Never Before Seen Footage Reveals that Herbalife Admits It Values Recruitment Over All Else and Its “Business Opportunity” is Nearly Impossible to Achieve
12/18/2014
Ackman Says Pershing ‘Meaningfully’ Built Fannie-Freddie Bet
Bill Ackman, founder of Pershing Square Capital Management, said he’s added “meaningfully” to his bets on U.S. mortgage companies Fannie Mae and Freddie Mac in the past two weeks.
12/18/2014
Huntington Asset Services to provide mutual fund support for new global macro fund
Huntington Asset Services is providing support for Spouting Rock Fund Management’s Spouting Rock/Convex Dynamic Global Macro Fund, which launched 21 November.