07/03/2014
The funded status of the typical U.S. corporate pension plan increased 1.4 percentage points in June 2014 to 92.0 percent, driven by rising asset values, according to the BNY Mellon Investment Strategy and Solutions Group
07/03/2014
The move is a part of CEO James Gorman’s organization-wide cost cutting plan which targets a compensation ratio of 55% for the wealth management business – down from the division’s reported compensation ratio of 60% in Q1 2014.
07/03/2014
For some hedge funds hurt by tumbling technology stocks earlier this year, tenacity has been a virtue.
07/01/2014
The award recognizes outstanding achievement across Fortress Credit and Liquid Markets hedge fund strategies, including the firm’s flagship Drawbridge Special Opportunities and Fortress Macro funds.
07/01/2014
Hedge fund Pantera Capital Management went bargain-hunting at the U.S. Marshals Service bitcoin auction Friday, and came up empty-handed.
07/01/2014
Innovative new Index to track growing market of bonds issued to fund projects with environmental benefits
07/01/2014
Schroder Investment Management North America Inc. now serves as the new investment adviser for The Swiss Helvetia Fund, Inc.
06/30/2014
This transaction will be fully funded from Henderson’s existing cash resources, with transaction and integration costs expected to be around $10m.
06/30/2014
An old dog has learned a new trick with hedge fund pioneer
The board’s decision to grow in this dilutive manner indicates to us that it is more interested in ‘empire building’ than maximizing shareholder value
06/30/2014
This news release shall not constitute an offer to sell
06/30/2014
Private-Equity Firm Hopes Fund Will Fund Several Teams of Traders
06/29/2014
The base will support a 54-floor tower, which, when completed in 2016, will be the Bay Area’s second-tallest building.
06/28/2014
Office reflects confidence in US economy and US companies, says PM Lee
06/27/2014
And the ranks of activist hedge fund managers are unlikely to shrink anytime soon
06/27/2014
The Marshals Service has said it would notify the winning bidders on Monday.
06/26/2014
Legendary precious metals investor Eric Sprott, is reducing his stake in Sprott Inc. , the asset management firm he launched nearly three decades ago.
06/26/2014
Everybody Loves Hedge Funds, Assets Hit Record $3 Trillion
06/26/2014
Billionaire hedge-fund manager John Paulson is adding his weight to support Valeant Pharmaceuticals International Inc.’s $54 billion takeover bid for Botox maker Allergan Inc.
06/26/2014
The notes are unlike other recent deals because they’re backed almost entirely by 15-year mortgages
06/26/2014
They will invest in loans tied to energy, transport, water, waste, greenfield and brownfield assets