08/27/2012
Hedge Funds Are Getting Clobbered In 2012
The numbers are truly terrible. Bank of America Merrill Lynch’s investible hedge fund composite index shows hedge funds are up 1.85% so far in 2012.
Alternative Investments
08/26/2012
Citadel’s Equities Co-Head Runnfeldt to Leave Hedge Fund
Runnfeldt, 46, became co-head of global equities in 2009 along with Brandon Haley and Steve Weller when Citadel started its equity fund.
08/23/2012
BNY Mellon to double the size of its Dallas operations
The wealth management firm has signed a lease for about 6,000 square feet of space at the building at 6150 Sherry Lane, just west of Preston Road, which was being developed for the headquarters building of Bandera Ventures.
08/23/2012
Citigroup Private Bank Said to Redeem From Paulson Fund
The private bank is redeeming from Paulson’s Advantage Fund and Advantage Plus Fund, said the people, who asked not to be identified because the information is private.
08/22/2012
Generali looks to sell U.S. reinsurance arm
"Citigroup has been mandated for a possible sale of the U.S. assets," a source close to the matter said.
08/21/2012
SunGard Highlights Ten Insurance Risk Trends in North America
SunGard has identified ten trends shaping the North American insurance industry
08/20/2012
CME plans Europe derivatives exchange
Although the CME has partnered with other foreign exchanges to develop its product base and global presence, this will be the first time it has single-handedly launched a brand new exchange beyond the U.S.
08/20/2012
UBS Starts Unit Providing Services For Quantitative Hedge Funds
The business targets startups and established funds with long-short or hedged strategies and those focused on arbitrage.
08/20/2012
HFRX Global Hedge Fund Index posts gain of +0.50% through mid-August
Global financial market volatility moderated through mid-August, as global equities built on July gains which extended into mid-August.
08/19/2012
Could Jon Corzine Really Launch A Hedge Fund?
If he is successful as a hedge fund manager, it would be the latest career comeback for a man who was ousted from both the top seat at Goldman Sachs and the New Jersey governor’s mansion.
08/15/2012
Brevan Howard Raising Money in U.S. for Currency Hedge Fund
The $1 billion currency fund is managed by Luke Ding, a former Merrill Lynch & Co. foreign exchange trader who joined Brevan Howard in 2007.
08/15/2012
Carlyle, China private equity firms bid for Focus Media
Deal targets the biggest ever delisting of a New York-listed Chinese company
08/14/2012
Silver Hoard Near Record as Hedge-Fund Bulls Recoil: Commodities
Hedge funds anticipate slowing growth will curb demand for silver, 53 percent of which is used in products from televisions to batteries. Investors and analysts are bullish on expectations central banks will do more to stimulate economies, expanding consu
08/13/2012
Goldman Sachs, NEA invest $54 mln in Indian healthcare firm
Goldman Sachs has deployed more than $2 billion in India since 2006.
08/12/2012
Investors Go Cuckoo for $2 Billion of 'Co-Co' Bonds From UBS
A write-down also can occur if the Swiss financial regulator determines it is necessary to prevent the insolvency, bankruptcy or failure of the bank, according to a bond prospectus.
08/12/2012
Guggenheim Life in pole position to buy Aviva USA
Guggenheim Life is understood to be in discussions with Goldman Sachs, which is advising Aviva on the process.
08/12/2012
Bond Funds Capture Record Inflows of $350 Billion Worldwide in First Half - Research
Bond fund sales around the world are continuing at a record pace with $350 billion in net inflows during the first half of 2012, according to Strategic Insight, a business intelligence provider to the global fund industry.
08/09/2012
Are Diamonds an ETF’s Best Friend?
The gap between what a dealer will pay to buy a stone and what he or she will charge to sell it can be wide, and an important diamond can take years to sell.
08/09/2012
AdvisorShares launches QAM Equity Hedge ETF
QEH is sub-advised by Commerce Asset Management (CAM), a Tennessee-based investment adviser and subsidiary of Commerce Holdings, which advises on approximately USD700m in assets.
08/09/2012
Stifel Financial 2Q Profit Soars as Expenses Fall
Chairman and Chief Executive Ronald J. Kruszewski noted the operating environment in the latest period was challenging.