11/21/2023
Blackstone Top Bidder for Signature’s Commercial Property Loans
The report noted that the banking regulator is now in final discussions to declare Blackstone’s bid as the one that will bring it the lowest costs.
Alternative Investments
11/21/2023
Edward Jones Opens the Door for Advisors to Take Discretion
A former senior manager at the firm said that Edward Jones had historically only allowed portfolio managers in the home office to have discretion out of concern for potential liability
11/21/2023
U.S. Treasury Outflow a Strong Sign of Investor Confidence
Investors are starting to jump into the stock market again
11/21/2023
Blackstone to shut multi-strategy fund after assets fall 90%
Fund suffers £1.5bn fall in assets since end of 2019 as performance lags
11/21/2023
Big Goldman Sachs pay increases coming to London & NY after cuts
Pay increases at the two subsidiaries follow headcount cuts.
11/17/2023
J.P. Morgan Asset Management Announces Liquidation of Two Exchange-Traded Funds
Proceeds from the liquidations will be distributed to shareholders at net asset value as of the liquidation date.
11/17/2023
Scott Steel Stands Up for Diversity
After studying abroad at Cambridge University during his junior year and completing an industry internship, Scott landed a coveted job in investment banking after graduation.
11/16/2023
TD Asset Management Inc. Announces TD ETF Distributions
The Indices are calculated and published by Solactive AG. Solactive AG uses its best efforts to ensure that the Indices are calculated correctly.
11/16/2023
Why Millennium (& Citadel) love hiring from Goldman Sachs
Millennium doesn't disclose its pay globally, but average compensation at Millennium Capital Ltd in the UK was $1.3m per head in 2022
11/15/2023
Hamilton successfully completes IPO, raises $80.6m
This strategic move aims to capitalise on favourable market conditions within the company’s operational markets
11/15/2023
Waverly Advisors Acquires Prosper Financial Advisers
Waverly establishes its fourth location in Florida
11/15/2023
TD Direct Investing launches new state-of-the-art online trading platform TD Active Trader
Powerful new platform offers advanced features for trading U.S. securities and options strategies
11/15/2023
Goldman Sachs Announces the Launch of Marquee® MarketView
Goldman Sachs introduces Marquee MarketView, an innovative visual analytics dashboarding solution designed to streamline our institutional clients’ investment process in global markets.
11/14/2023
Brasada Capital Management and GCI Investors Announce Merger
The merger brings together two Houston-based investment management firms which have remarkably similar investment philosophies.
11/14/2023
Sun Life Reports Third Quarter 2023 Results
Increase to common share dividend from $0.75 to $0.78 per share.
11/13/2023
The "crazy, obscene" recruiters at hedge funds. McKinsey & Co. consultants working for free
Being at hedge funds, these recruiters aren't actually called recruiters.
11/13/2023
US bank stocks fall to record low against S&P 500 as sector hurts from bond crash
The bond crash triggered the rapid collapse of lenders First Republic, Silicon Valley Bank and Signature Bank in March, which rocked the wider sector.
11/13/2023
How Nicola is adjusting its real estate strategy as rates stay high
Managing director of Nicola Wealth Real Estate explains what his team is doing in tough environment for real estate assets
11/10/2023
IQ-EQ voted ‘Best Fund Administrator – Large Managers’ at the Private Equity Wire U.S. Awards 2023
Winners were announced at a networking event on 25 October at The Penn Club in New York.
11/10/2023
Simplicity and Passerelle Partners Join Forces
Waller Helms Advisors acted as exclusive financial advisor to Passerelle Partners in the transaction.