09/18/2023
Ray Dalio’s former right hand man says hedge funds are ‘too comfortable hiding high fees’
‘There is no good reason why private fund investors should have an opaque view of the fees they are being charged’
Alternative Investments
09/18/2023
AE Wealth Management Trims Position in Franklin Resources
The value of AE Wealth Management LLC’s holdings in Franklin Resources is approximately $16,867,000.
09/18/2023
Florida SBA hikes pay levels; portfolio managers gain most
The additional $3 million for staff salaries has pulled the SBA up to paying the same midpoint compensation level as peer pension funds, explained Lamar Taylor, interim executive director and CIO, in a recent board meeting.
09/18/2023
R&R Wealth Management Selects Commonwealth for Sophisticated Support
Family-owned firm cites Commonwealth’s retirement planning support, financial planning, and flexible financing capabilities as key decision drivers.
09/18/2023
Column-Funds on verge of long dollar flip: McGeever
The move away from a bearish dollar position and the dollar's rally over the last couple of months
09/18/2023
Making the banking industry more inclusive for all
Organisations thrive in a culture where everyone feels welcome and respected, regardless of their background
09/15/2023
Four new funds added to TILLIT platform
The latest additions provide our clients with a wider range of investment options empowering them to stay in control of their portfolio
09/15/2023
CAIS Expands Strategies of Leading Alternative Asset Managers Amid Accelerated Demand from Independent Advisors
Managers will participate in the second annual CAIS Alternative Investment Summit on October 16-18 in Los Angeles
09/15/2023
Scotia Global Asset Management announces sub-advisor change
There will be no change to the investment objectives of the Fund resulting from this change.
09/15/2023
US mutual P&C insurers record $31bn of underwriting loss
“Many insurers made adjustments to inflation guard factors, but the rapid onset of these trends made it difficult for rated mutuals to avoid the effects.”
09/15/2023
Apex Group continues North America expansion with new Montreal office
This growth is driven by increased demand from both new and existing clients for Apex Group
09/15/2023
Activist investor Politan Capital increases ownership in Azenta
Politan said it believed Azenta's stock, which closed at $50.77 on Thursday, was undervalued
09/15/2023
Biggest hedge funds have doubled footprint in US stocks since 2014, Goldman Sachs says
The U.S. stock market was worth about $46 trillion as of the end of July, according to the Securities Industry and Financial Markets Association.
09/14/2023
Franklin Templeton Announces Alternative Investment Initiatives
New digital experience and “Alternative Allocations” podcast target financial advisors
09/14/2023
Global Payments Revenue Pool to Reach $2.2 Trillion by 2027, with Growth Likely to Slow
New Report from BCG Says Companies Across the Payments Industry Are Facing a Host of Disruptions that Require Decisive Action to Avoid Falling Behind
09/14/2023
CFA Institute Launches New Private Markets and Alternative Investments Certificate
The Certificate is a five-course, self-paced online program with a foundational curriculum that is enhanced with additional practitioner insights and perspectives.
09/13/2023
Canadian asset manager announces international expansion
The growing wealth in other regions creates new opportunity to boost reach
09/12/2023
Societe Generale and Brookfield partner to launch a EUR 10 billion private debt fund
The seed fund will focus on two strategies
09/12/2023
Cetera to Aquire Avantax in $1.2 Billion Cash Deal
Cetera will use the acquisition to expand its wealth management offerings
09/12/2023
Stephanie Braming Named a P&I Influential Woman in Institutional Investing
The list, which is part of P&I’s Influential Women in Institutional Investing program, honors and celebrates women across the industry who have an outsize impact and are driving positive change.