11/29/2022
Alternative investments manager Ballast Rock joins RIA game
Ballast Rock Private Wealth will operate independently of Ballast Rock Asset Management, but both firms focus on offering alts to wealthy investors.
Alternative Investments
11/29/2022
LGT Capital Partners opens San Francisco office
Through its new presence in California, LGT Capital Partners is expanding its North American investment coverage and global client service.
11/29/2022
ICBC projected to lose $298 million
The implementation of the no-fault regime was meant to help stabilize ICBC’s financial situation, noted Sutherland, pointing to how the model enabled ICBC to spend 30% less on what it provides to accident victims.
11/28/2022
Scotia Global Asset Management announces estimated year-end reinvested distributions for Scotia ETFs
These are estimates only and have been calculated based upon forward-looking information, so the actual distributions may differ materially from these estimates.
11/28/2022
State Street Corporation – Consensus Indicates Potential 3.0% Upside
State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide.
11/28/2022
Arthur J. Gallagher & Co. Acquires Bulen & Associates Insurance Services, Inc.
Bulen & Associates is a retail property/casualty insurance agency serving commercial clients and individuals in southern California.
11/28/2022
Regions Bank Launches Multi-Assets Solutions Group
United team further differentiates Regions’ investment professionals through macroeconomic and market research, investment strategy, and more.
11/24/2022
Avisa Partners Acquires Top Intelligence Firm to Bring Comprehensive Global Investigations Offering to Clients
Acquisition of Forward Risk latest example of Avisa Partners’ High-Growth Expansion Strategy
11/23/2022
CI Global Asset Management Launches CI Global Investment Grade Fund
Fund provides access to the award-winning expertise of a leading fixed-income investment team
11/23/2022
Davidson Investment Advisors to Acquire Caprin Asset Management
Caprin specializes in municipal and taxable fixed income investments, and manages approximately $1.3 billion in client assets.
11/22/2022
Asset manager claims Geneva PM's boutique could not be run with ‘sound business practices’
Fallout from the failure of Phaeacian Partners continues.
11/22/2022
Suntera Global wins at Global Custodian Industry Leaders Awards
The award win highlights Suntera Global’s fund servicing credentials following a period of expansion and growth
11/21/2022
Westwood closes $60m acquisition of Salient’s asset management arm
Westwood’s capabilities in the fields of energy infrastructure, tactical equity, real estate, and distribution have also increased.
11/21/2022
Apollo Closes on $2.4 Billion for Inaugural Accord+ Fund
Commitments Bring Total Fundraising for Accord Family of Funds to Approx. $11bn Since Inception
11/21/2022
Column: Hedge funds to Fed: you win: McGeever
Hedge funds take positions in short-dated U.S. rates and bonds futures for hedging purposes
11/18/2022
Apollo Funds Complete Acquisition of Tenneco
Jim Voss Appointed Chief Executive Officer of Tenneco
11/18/2022
Risk Strategies buys Wallace Specialty
We know that specialty expertise creates real value for clients and our business
11/17/2022
KKR Leads US$68 Million Series B Funding Round in AI Leader Advanced Navigation
Value-added support from KKR to accelerate R&D, innovation and global expansion
11/17/2022
Scotia Global Asset Management Launches Emerging Markets ETF on the NEO Exchange
The SITE ETF is a market capitalization-weighted, index-tracking ETF that aims to replicate the performance of the Solactive GBS Emerging Markets Large & Mid Cap Index.
11/17/2022
Fund managers, bankers and brokers will see up to 40% pay cut, Wall Street compensation experts warn
Investment bankers are expected to suffer mainly because of severe reductions in underwriting revenue