12/02/2012
Hedge funds Kleinheinz Capital Partners Inc., and Corriente Advisors have respectively sent letters to their investors to inform them of their decision to close shop and return their money, media reports indicated.
12/02/2012
Lyxor’s investments with SAC are very limited
11/29/2012
ABN AMRO Clearing will utilize the automated trade monitoring solution to facilitate quick identification
11/29/2012
Demand stepped up several levels for American bullion and collector proof gold coins, the latest sales figures from the United States Mint show.
11/28/2012
The amalgamated corporation will continue to be known as "BlackRock Asset Management Canada Limited" and will be the trustee and manager of the entire Canadian family of iShares exchange-traded and closed-end funds.
11/28/2012
“The sale of Archstone to Equity Residential and AvalonBay is a very positive outcome for our creditors,” said Lehman's Chairman Owen Thomas.
11/26/2012
"We look forward to working closely with KB Financial on efforts to advance the growth of their DR program by expanding outreach to the global investment community."
11/26/2012
CarVal Investors is a leading global alternative investment fund manager focused on distressed and credit-intensive assets and market inefficiencies.
11/26/2012
The company sees “more moderate” growth in the second half yet aims to “substantially” increase its full-year earnings amid an uncertain economic environment.
11/25/2012
The trading firm suffered a massive trading error in early August costing it $400 million
11/22/2012
"Our strategy of investing in high quality assets that compound in value over time, positions Brookfield to continue to deliver strong cash flow growth through periods of economic uncertainty."
11/22/2012
This unprecedented achievement confirms Lyxor’s leading position in managed account investing since 1998.
11/21/2012
Bruce Flatt, CEO of Brookfield, said: "Acquisitions made in the last three years are beginning to generate significant cash flows.
11/21/2012
“The eight awards leave little doubt of Citi’s continuing strength in foreign exchange, and its capacity for product innovation and trading expertise in challenging markets.”
11/21/2012
Northern Trust clients looking to integrate ESG factors in their investment portfolios can
11/20/2012
Former Jefferies exec sets up specialist advisory firm
A number of financial services execs have tried their hands at boutique advisory firms in the recent past, with mixed results.
11/20/2012
The demand from investors to pull money out of hedge funds neared a three-year high this month, industry data showed, amid concerns over U.S. taxation of wealthy individuals under President Barack Obama and lacklustre hedge fund performance.
11/20/2012
UBS Securities has tweaked its model portfolio, the basket of stock selections the firm deems most likely to succeed.
11/18/2012
We deeply regret the necessity of today’s decision
11/15/2012
Guggenheim Partners has outbid at least two other parties