06/18/2012

CD&R among bidders for SocGen's TCW

The sources said that TCW, which oversees about $128 billion in assets, including the TCW and MetWest fund families, could fetch about $700 million.

06/13/2012

AllianceBernstein 4% decline in AUM

The 4% decline was due to negative investment returns, including the impact of foreign exchange movements, and modest net outflows in Institutions and Private Client, partially offset by Retail net inflows.

06/05/2012

Hedge funds in longest rout since global recession

Hedge funds curbed bullish bets on commodities for a third consecutive month, the longest retreat since the global recession, as Europe’s worsening debt crisis and slowing US job growth sent prices tumbling.