06/13/2012
The 4% decline was due to negative investment returns, including the impact of foreign exchange movements, and modest net outflows in Institutions and Private Client, partially offset by Retail net inflows.
06/11/2012
The combined business would oversee funds of close to $700 billion, although no formal agreement has been reached, the source added.
06/08/2012
In the power markets, it is trading only one-fifth as much electricity as five years ago.
06/08/2012
The investment program aims to expand client service and industry capabilities in select strategic markets, bolster the hiring and deployment of top talent, and cultivate innovative new services and multidisciplinary offerings.
06/07/2012
At Goldman Sachs, Yoon helped found the private-capital investing unit within the bank’s special situations group.
06/07/2012
The firm currently has no plans to sell the business or a minority stake in it, said one of the people, who asked to remain anonymous because the talks were private.
06/06/2012
The HFA's position was outlined in a comment letter submitted to the Securities and Exchange Commission on June 6, 2012.
06/06/2012
Equinox has been an innovator in alternative investment product development and distribution since its founding in 2003.
06/06/2012
RBC Global Asset Management has announced that Brown Advisory has been appointed as sub-advisor for RBC Private U.S. Growth Equity Pool. This change will be effective as of June 18, 2012.
06/05/2012
Hedge funds curbed bullish bets on commodities for a third consecutive month, the longest retreat since the global recession, as Europe’s worsening debt crisis and slowing US job growth sent prices tumbling.
06/05/2012
Jay Eisenhofer and Matthew P. Morris are partners with the shareholder rights law firm Grant & Eisenhofer.
06/05/2012
AlphaClone has a database that goes back to 2000, which analyzes and scores more than 300 hedge funds.
06/01/2012
he Custody Risk Americas Awards recognize outstanding achievers in the securities services industry in both North and South America. The selection criteria included an evaluation of client wins and renewals, outsourcing services provided and innovations
06/01/2012
Prudential has agreed to buy Swiss Re's US life insurance business for $621m ( £401m) in cash.
06/01/2012
London ranked a distant second with 18%, slightly down from 2010 due to quicker growth of hedge funds’ assets under management in North America than in Europe last year.
05/31/2012
The Custody Risk Americas Awards recognize outstanding achievers in the securities services industry in both North and South America.
05/31/2012
This methodology results in concrete next steps for plans across different mind sets to execute their strategy, potentially improve their fiduciary process, and drive better outcomes.
05/30/2012
Morningstar and Barron's conducted the survey in January 2012 and received responses from 264 institutions and 365 financial advisors.
05/30/2012
Buy-side traders surveyed by Greenwich Associates gave Credit Suisse 9.5 percent of their trading share, while Bank of America Merrill Lynch and J.P.Morgan tied for second place with 8.9 percent.
05/29/2012
Global issuances of Islamic Bonds, known as Sukuk, surged 55 percent year-on-year in the first quarter of 2012, reaching 43.5 billion U.S. dollars, according to market research agency Zawya.