T. Rowe Second-Quarter Net Rises 0.9%

T. Rowe Price Group Inc., the asset manager that has posted a profit every quarter since going public in 1986, said second-quarter profit rose 0.9 percent, missing analysts’ estimates as slumping global stock markets eroded assets.


5 Dividend Kings Hedge Funds Love

Professional investors such as hedge fund managers are paid handsomely and are expected to find ways to turn average returns into monsters.


State Street reports drop in 2nd quarter prodit

Total operating-basis revenue increased by $23 million, or 1%, compared to the first quarter, driven by the seasonal increase in securities finance as well as growth in the core business, offset partially by weakness in international markets.


U.S. insurer plans skyscraper in London's financial heartland

While many investment banks have moved to the Canary Wharf district in recent years, attracted by large trading floors and cheaper rents, insurers have been the only bright spot in an otherwise moribund lettings market in London's traditional financi


Third Eye Capital - Best Credit Fund Manager

The firm originates and manages privately negotiated secured loans to predominantly Canadian small- to mid-cap companies that are unable to access credit from conventional sources.


5 Tech Giants Loved By Hedge Funds

Plus, Apple's strong brand equity among consumers will keep its products popular in the market. We believe that at 11x forward earnings, the stock is still cheap and offers significant upside potential considering the future growth prospects.


Pitcairn Wins MFO & CEO of the Year

Junge, who also received a FOR Industry Leadership Award in recognition of his significant contributions to the family office industry, added, "Among our highly respected industry colleagues, Pitcairn is delighted to be recognized as a leader and inn


Hedge Fund Investors Are Running For The Exits

The withdrawals compare with net inflows in each of the previous five months and were the highest level of net outflows since October 2009, when clients pulled out 3.76 percent.


Chicago Board of Trade seat sales hot despite chill on floor

Hedge funds and trading firms from as far away as Taiwan fueled the most active month of membership trading in more than a year last month, angling to get a seat on the CME Group's signature platform to profit from drought-driven volatility in grain