Top-Ranked Nuveen Manager to Join Vinik’s Hedge Fund

started his Boston-based hedge fund in 1996 after leaving Fidelity Investments, Iben made his name in the investment business managing mutual funds, including the $2 billion Nuveen Tradewinds Global All Cap Fund.


US bonds edge up on short covering ahead of Fed

Underpinning demand for bonds, China posted its largest trade deficit in at least a decade, fanning concerns that slowing exports from the world's second-largest economy will lead to lower fuel demand.


Union Bank buys Santa Barbara Bank & Trust ‎

Pacific Capital Bancorp's tangible book value is expected to increase significantly upon the close of the transaction from tax-related assets and an increase in the value of the loan portfolio.


Blackstone tops hedge fund investor list

New York-based Blackstone Alternative Asset Management managed $39 billion in hedge fund assets as of December 31, up 15 percent on the year, InvestHedge's Billion Dollar Fund of Hedge Fund Club survey said.


US mutual fund manager earns five Lipper awards

A Lipper Fund Award is presented to one fund in each Lipper category for achieving the strongest trend of consistent risk-adjusted performance versus category peers over three, five or 10 years for the period ending December 31, 2011.


John Hancock Funds Honored at 2012 Lipper Fund Awards

Firm named Group Award Trophy winner in Mixed Assets, Large Company Category - John Hancock Lifecycle 2010 and 2015 Portfolios recognized for five-year performance in Mixed Asset, Target 2010 and 2015 Fund categories - John Hancock Active Bond Fund, NAV,


Morningstar launches new alternative investments center

In addition to the new Alternatives tab, the site now contains Morningstar market tools and an expanded video library featuring interviews with top portfolio managers and newsmakers, analysts, and some of the leading voices in the advisory community, alon