05/02/2012
Revenues, excluding incentive fees, rose $4.5 million. Operating income before management fee was $31.2 million, a 30.7% increase from $23.9 million in the prior year period.
05/01/2012
Mr. Keitel views the recent correction in risky assets not as a reversal of fortune for the markets, but rather as a renewed buying opportunity in the coming weeks for investors, especially in light of what he believes are attractive valuations.
04/30/2012
Och-Ziff, the $30-billion New York-based hedge fund, has frozen secondary market stock investments in India due to soaring compliance costs and muddled tax policies, four people familiar with the development said.
04/26/2012
The increase in the first quarter of 2012 is attributable to net cash inflows of $12.4 billion, including $4.2 billion originating in the target-date retirement portfolios, and market appreciation and income of $52.9 billion.
04/25/2012
LCH announced Tuesday, April 24, that it will buy Nasdaq OMX Group Inc.'s majority stake in IDCG and in return give Nasdaq a stake in LCH. As of November 2010, that stake was roughly 80% of IDCG
04/19/2012
Through this relationship Matthews' Asia Dividend, Pacific Tiger (Asia ex-Japan), China, India and China Small Companies Funds are now accessible to Allfunds Bank's large network of clients.