12/16/2012
The envisaged consolidation of additional volumes and clients on to a single platform is also expected to help reduce unit costs and increase flexibility for customers. Integration work will start after closing of the transaction in 2014.
12/16/2012
Performance for the Broad Index and its 10 sub-strategies is calculated monthly.
12/16/2012
The lawsuit turns on a private bond placement that Dewey floated in 2010 to refinance about $150 million in existing debt.
12/14/2012
The reorganisation at Italy's biggest insurer comes after Greco launched a review after taking the helm in August.
12/13/2012
The transaction is expected to close in the first quarter of 2013.
12/12/2012
Edinburgh-based Standard Life said today’s deal means it will receive a one-off boost of around £140m to its pre-tax operating profits in the year to 31 December.
12/12/2012
Commodities were relatively unchanged in November as continued macroeconomic uncertainty weighed on markets.
12/12/2012
The move would allow them earlier access to EU markets under a new regulatory regime for alternative investment managers.
12/12/2012
Collateral is a critical part of the risk mitigation framework of these new regulations
12/12/2012
Schroders has announced the launch of Schroder ISF EURO High Yield, a new fund which will invest a minimum of 70% in a portfolio of bonds rated below investment grade, mainly from European issuers.
12/12/2012
State-controlled ICBC, China's largest bank by assets, is seeking to acquire a 60% stake in the South African bank's commodities and foreign-exchange business centered in London, the people said.
12/12/2012
Primary dealers are financial institutions that are entitled to trade directly with a country's TreasuryPrimary dealers are financial institutions that are entitled to trade directly with a country's Treasury
12/12/2012
Gorham sold the shares at the end of a three-year lock-in period in the company’s joint share ownership plan
12/11/2012
The UK firm’s China long/short equity strategy – which at one stage returned about 16% annually – reaches an end after a tumultuous recent history, shuttering with less than $10 million in AUM.
12/11/2012
Revenue pressures coupled with increased costs are forcing many in the industry to overhaul their business models in an attempt to capture new revenue streams.
12/11/2012
However, Leeds are still confident that the reported £52million sale will be finalised on December 21 without any more hiccups.
12/10/2012
Hedge Fund Manager Bulls Outweigh Bears by Ratio of 3 to 1
12/10/2012
A deal was not certain because some details still needed negotiation
12/10/2012
The Bank of New York Mellon’s asset-management subsidiary, Newton Investment Management, has announced a suite of changes to its funds.
12/09/2012
Jacob Rothschild, scion of the eponymous banking dynasty, has bought a stake in a peer-to-peer lending company that allows people to extend credit to each other without going through banks.