08/28/2013
Michael Karsch to close down $1.8bn hedge fund firm
He is shutting down his 13-year-old hedge fund firm Karsch Capital Management and would return most of the firm’s $1.8bn assets to investors.
Alternative Investments
08/27/2013
IndexUniverse And Brown Brothers Harriman Launch First Annual ETF Advisor Survey
We are thrilled to be working with IndexUniverse to publish the results of this insightful and important survey
08/22/2013
EBS take new step to rein in high-frequency traders
High-frequency traders use powerful computer models to pump a large number of often small orders at a super-fast pace.
08/20/2013
SS&C GlobeOp Forward Redemption Indicator: August notifications 4.00%
The SS&C GlobeOp Forward Redemption Indicator represents the sum of forward redemption notices received from investors in hedge funds administered by SS&C GlobeOp on the GlobeOp platform
08/20/2013
Credit Suisse Hedge Fund Index up 0.88 per cent in July
The Credit Suisse Hedge Fund Index finished up 0.88% in July.
08/19/2013
CA Luxury Home Values Increase in the Second Quarter
This was one of the best quarters in recent history for California luxury home prices in First Republic's urban
08/18/2013
Bank of the West Adds to Investment Advisory Solutions with Introduction of Proprietary ETF Portfolios
Bank of the West Wealth Management today announced the launch of Bank of the West ETF portfolios.
08/18/2013
Citi Expands Mandate with Sagicor Jamaica for Fund Administration and Custody Services
This new mandate from Sagicor is further evidence that managers in emerging markets
08/15/2013
Paulson offloads gold as prices plunge
Billionaire hedge fund manager John Paulson, who told investors as recently as last month that they should own gold, cut his holdings in the metal by more than half as prices plunged into a bear market.
08/13/2013
Spain’s Sabadell Said to Decide Against Sale of U.S. Division
The assessment for Sabadell’s U.S. unit was spurred by the high price fellow Spanish lender Bankia SA fetched for its Miami lender
08/13/2013
Why Steinway Is Likely To Be Sold To A Hedge Fund Manager
Steinway & Sons, the 160-year-old musical instrument maker, is set to change hands.
08/12/2013
SS&C GlobeOp performance index up 1.52% in July, 6.55% year to date
The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted, independent monthly window on hedge fund performance
08/08/2013
BNP Paribas Enters Into License Agreement With Richard Bernstein Advisors
We think the American Industrial Renaissance is one of the best and least accepted growth stories in the world today
08/05/2013
Brown Advisory unveils Small Cap Blend fund
The US Small-Cap Blend fund forms part of the investment manager’s Dublin-domiciled Ucits range of funds.
08/05/2013
Calamos Asset Management Reports 2Q 2013 Results
As investment performance continues to improve on several of our strategies, we expect that our net flows will also improve.
08/05/2013
Atlantic Trust Positive Momentum Continues
Atlantic Trust today announced the firm growth continues, with $21.7 billion in assets under management, including $939 million of net flows year-to-date through June 30, 2013.
08/04/2013
Blackstone Closes Acquisition of Strategic Partners from Credit Suisse
Blackstone and Credit Suisse today announced that Blackstone had closed on its acquisition of Strategic Partners from Credit Suisse. Strategic Partners is a secondary private fund of funds business, with $10 billion in assets under management.
08/04/2013
BNY Mellon’s Dreyfus Launches Research- Driven Liquid Alternatives Fund
The Dreyfus Corporation a BNY Mellon company, announced that it has launched the Dreyfus Research Long/Short Equity Fund, an actively managed mutual fund.
08/01/2013
Berkshire Q2 Profit Surges
Billionaire Warren Buffett's Berkshire Hathaway Inc reported second-quarter net earnings attributable to Berkshire shareholders
08/01/2013
George Clooney Attacks Hedge Fund Billionaire Dan Loeb
Actor George Clooney, one of Hollywood’s biggest stars, attacked one of the most famous hedge fund managers on Wall Street, calling billionaire Daniel Loeb a “carpet bagger” who is “trying to manipulate the market.”