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.
Alternative Investments
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.’
09/25/2013
New Fund Will Allow Investors to Bet on Bitcoins
Marketplace SecondMarket is raising money for the Bitcoin Investment Trust, the first investment fund in the United States to hold the virtual currency.
09/24/2013
New York Life Investments confirms €380m purchase of Dexia AM
New York Life Investments has confirmed it is buying Dexia Asset Management for €380m, with the deal closing by 31 December, subject to regulatory approval.
09/22/2013
Warren Buffett calls Fed ‘Greatest Hedge Fund in History’
Legendary investor Warren Buffett has described the US Federal Reserve Bank as “the greatest hedge fund in history” because of the revenue its bond-buying program has been generating for the US government
09/22/2013
SS&C GlobeOp Forward Redemption Indicator: September Notifications 4.21%
The SS&C GlobeOp Forward Redemption Indicator for September 2013 measured 4.21%, up from 4.00% in August.
09/22/2013
New York Life Re-Enters Talks With Dexia Over Sale of AM Division
Dexia added that any agreement would be subject to the finalisation of its key terms and the employee consultation process.