10/15/2013
BlackRock's 3Q Profit Rises 15%
Operating income for the third quarter 2013 was $966 million with an operating margin of 39.1%.
Alternative Investments
10/15/2013
Asset Alliance Acquires Stake in HedgeCo Networks
Multifaceted investment management firm strengthens it's ability to service the alternative investment industry through partnership with HedgeCo Networks
10/14/2013
Swiss Re Said to Weigh Sale of U.S. Life Insurance Assets
Swiss Re Ltd. is considering selling Aurora National Life Assurance Co. as it retreats from the U.S. life and health insurance market
10/10/2013
$10 billion UK hedge fund heads Stateside
We are pretty optimistic
10/10/2013
SS&C GlobeOp Hedge Fund Performance Index: September performance 1.84%
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for September 2013 measured 1.84%.
10/09/2013
Aviva sells US life arm for £1.7bn
Aviva has raised $2.6m through the sale of its US life and annuities business to life company Athene.
10/09/2013
Commodity Market Decreased in September Amid Mixed Fundamentals
Commodities were lower in September as decreased geopolitical risk and commodity-specific fundamentals weighed on the market.
10/09/2013
JPMorgan launches $3.3 billion physical commodity business sale
Wall Street's largest bank told prospective buyers that the physical business generated $750 million in annual income
10/09/2013
BNY Mellon picks up lucrative Hawaii Mandate
BNY Mellon has been named global custodian by the Employees’ Retirement System of the State of Hawaii, encompassing more than $12.3 billion in pension fund assets.
10/08/2013
JPM Asset Management to launch senior loans trust
It will be managed by a team that already oversees high-yield bond and loan portfolios with assets under management in excess of $35 billion (£21.9 billion).
10/08/2013
TD Asset Management launches global and U.S. equity opportunities for institutional investors with Epoch Investment Partners
TD Asset Management Inc. announced today the launch of a new set of global and U.S. active fundamental equity strategies for Canadian institutional investors.
10/06/2013
Natixis Launches ASG Tactical U.S. Market Fund
NGAM announced today the launch of the ASG Tactical U.S. Market Fund (USMAX), a new equity mutual fund from AlphaSimplex Group, LLC
10/02/2013
ILS fund administrator acquired by SS&C
Investors are looking to diversify and are attracted to ILS
10/02/2013
HF Industry Vets Offer Due Diligence Service
HFDDX’s launch coincides with a resurgence of interest in hedge fund investments and an abundance of caution on the part of investors.
10/01/2013
Apollo Global Management Informs Investors of Closing of Athene's Acquisition of Aviva USA
Apollo currently provides asset allocation and related services to Athene and directly manages a portion of these assets across its investment platform
09/30/2013
The NASDAQ Stock Market Leads U.S. Exchanges in IPOs for Q3 2013
Strong September Brings NASDAQ's Quarterly IPO Total to 38
09/30/2013
Generali Completes Sale of US Business to Scor for $910 Million
Assicurazioni Generali , Italy's biggest insurer, said on Tuesday it had completed the sale of its U.S. life reinsurance business to France's Scor for total gross proceeds expected to be $910 million.
09/26/2013
First Chinese global offshore mining fund launched
Americas Now Resources Investment Management Corp. is pleased to announce the launch of the first Chinese global offshore mining fund, which was facilitated by Americas Now.
09/26/2013
New York Hedge Fund Manager Buys Florida Panthers For $240 Million
The CEO and founder of New York hedge fund Virtu Financial, an electronic trading firm with offices in the U.S., Singapore and Ireland, has bought the Florida Panthers for $240 million, according to sources.
09/25/2013
Pitch Perfect, How Investors Choose Funds - Advent Software
Advent Software have announced the results of a survey on how investors select hedge funds titled, ‘Pitch Perfect, How Investors Choose Funds.’