10/25/2016
Investcorp to Acquire 3i's Debt Management Arm for $271 Million
The transaction is subject to various regulatory approvals and is expected to close in the first half of 2017.
Alternative Investments
10/25/2016
Top 10 French bank takes a 10% Stake in Debt-Based Crowdinvesting Platform WeShareBonds
Founded in July 2015 and opened for business in June 2016, WeShareBonds is one of the latest entrants in the French emerging sector of debt-based investing and lending platforms.
10/25/2016
A hedge fund manager who retired at 36 says stay away from the industry
Many of these issues are tied to a feeling that the industry has passed its golden years.
10/24/2016
These financial markets professionals expect to face 34% pay cut
Hedge funds, which charge some of the highest fees in the money-management business.
10/24/2016
China sovereign wealth fund CIC invests in German homes, say sources
CIC was not available for comment after regular business hours.
10/24/2016
Gulf investors know London property is fashionable in every season
There are bargains to be had following the UK’s Brexit vote in June, which prompted a dramatic devaluation of the pound
10/24/2016
Barclays CEO dines with hedgies towrest business from unlikely foe
Barclays held a $1 million bash for 55 hedge funds
10/24/2016
Vulture funds seen shifting assets after tax clampdown
Government to add more anti-avoidance measures
10/24/2016
Chinese companies target Portuguese banks
Banks are expected to be given up to 25-30 years to pay back the loan.
10/24/2016
RWC Announces Partnership With Ricehadleygates
RWC Partners established their Emerging and Frontier Market investment team under Malloy and Johnstone mid-way through 2015.
10/21/2016
TriState Capital to Accelerate Growth of Its Chartwell Investment Partners Subsidiary Through Transaction with Aberdeen Asset Management, Inc.
Brings expanded product capability and about $4 billion in client assets to Chartwell as TriState Capital executes strategy to complement strong organic growth of its investment management business with selective acquisitions --
10/21/2016
US asset manager Cohen & Steers initiates UK push
The firm is working on the roll-out of a preferred securities fund.
10/21/2016
Henderson argues commercial property remains ‘attractive’
The fund has sold seven properties in August and two in September.
10/21/2016
Hermes’ Alloatti: The investment case for banks
The banking sector has made great strides in shoring up capital structures.
10/20/2016
UK SME Lender Goes After Banking License
Amicus Finance is looking to secure a banking license sometime in 2017
10/20/2016
Aviva Investors hands second convertibles fund to US specialist Westwood
They managed the Aviva Investors Global Convertibles and Aviva Investors Global Convertibles Absolute Return funds.
10/20/2016
Millionaire businessman told intruders: 'I don't deal weed, I work for an insurance company'
The call captured the 51-year-old begging for help and also being asked for weed money by the raiders.
10/20/2016
Millionaire businessman told intruders: 'I don't deal weed, I work for an insurance company'
The call captured the 51-year-old begging for help and also being asked for weed money by the raiders.
10/20/2016
Family Offices Beckon to Hedge Funders
Inquiries from hedge fund employees about family office jobs have increased to 30 this year from five in previous years
10/20/2016
Close Managed Fund range celebrates fifth anniversary
The funds are diversified across a number of regions, market sectors and asset classes as well as being supported by institutional quality fund research and active asset allocation decisions.