Category Archives: Press Releases
BNY Mellon’s Karen Peetz Named “Most Powerful Woman in Banking” by American Banker Magazine
BNY Mellon Vice Chairman Karen Peetz has been named the “Most Powerful Woman in Banking” by American Banker magazine as part of its annual ranking of women in banking and finance. The rankings are based on the financial performance of […]
The Changing Role of Hedge Funds in the U.S. Economy
Dr. Everett Ehrlich released a report on hedge funds’ potential to add billions of dollars in annual returns to U.S. pension plans and university endowments. The paper, entitled “The Changing Role of Hedge Funds in the U.S. Economy,” uses cutting-edge […]
“Key Man” Risk in Hedge Funds Increases as Star Managers Age
As the first generation of hedge fund leaders grows older, investors are increasingly exposed to key man risk and may be prudent to avoid an over-reliance on ageing star managers, according to the latest issue of aiCIO. “All asset classes […]
New Index Will Track Acclaimed Market Pioneer Martin J. Pring’s Proprietary Investment Strategy
Dow Jones Indexes and Pring Research have announced plans to develop and co-brand a U.S. business cycle gauge designed to closely track Pring Research’s proprietary investment strategy. Pring Research’s Principal and President, Martin J. Pring, is an award-winning leader in […]
Private Equity Investment Nears $150 Billion in U.S.
Private equity firms invested more than $148 billion in 1,234 U.S. based companies in 2010, according to a new analysis released today by the Private Equity Growth Capital Council (PEGCC). The top five states in terms of deal value were […]
Hedge Fund Chief Economist To Speak at FINforums Conference
Press Release – Constance Hunter, Chief Economist of Aladdin Capital Management, said that Europe could recover more quickly if a “cathartic event” forced policy makers to make tough decisions sooner than later. Without a jolt to the system, she added, […]
Ogier Fiduciary Services Cayman Announces New Structure Reflecting Client Demand for Specialised Capabilities
Grand Cayman, Cayman Islands – Ogier Fiduciary Services Cayman Limited (OFSCL) announced a new structure that will allow its leadership team to focus and develop capabilities for specific lines of business and build even deeper partnerships with clients. “The growth […]
EurekaHedge Performance Update
Hedge funds were up 0.44% in July as managers provided downturn protection to their portfolios in a month that saw global equity markets decline The Eurekahedge Hedge Fund Index gained 0.44% in July; a month marked by high risk aversion arising from […]
Civil Penalties of $10.9 Million Against Ocean Bank
FinCEN – The Federal Deposit Insurance Corporation (FDIC), the Treasury’s Financial Crimes Enforcement Network (FinCEN), and the State of Florida Office of Financial Regulation (OFR) today announced the assessment of concurrent civil money penalties of $10.9 million against Ocean Bank, […]
TABB Group Says US & European OTC Derivatives Reform Implementation Will Cause Data Levels to Surge as Much as 400%
The implementation of OTC derivatives market reform will cause data levels to surge as much as 400% above current levels, says TABB Group in new research published today. Electronic trading, clearing, reporting, risk management and other Dodd-Frank Act and European […]
Fund Of Hedge Fund Industry M&A Trending Upward
Sadis & Goldberg Update – The alternative investment industry, and specifically the fund-of-funds space, seems to have reached an inflection point, as demonstrated by the recent surge in M&A activity. Based upon conversations with our clients, we expect that this […]
Dow Jones Credit Suisse Core Hedge Fund Index: Hedge Funds Hold Their Own in August
In one whiplash inducing week on Wall Street, markets have experienced some of the most extreme consecutive pricing swings on record, ultimately resulting in a 13.6% loss for the Dow Jones Global Index month-to-date (through August 10th). However, according to Oliver Schupp, […]
