Janney Montgomery Scott, a full-service wealth management, capital markets, and asset management firm, is to acquire FIG Partners, an Atlanta-based investment banking and research firm. The experienced team at FIG Partners brings nationally recognised expertise within the community bank sector
Medalist Partners, an alternative asset management firm specialising in structured credit and asset-backed lending, has acquired a majority stake in JMP Credit Advisors (JMP Credit Advisors), a US-based investment manager with expertise in managing collateralised loan obligations (CLOs), from a subsidiary
Broadridge Financial Solutions has closed its acquisition of Bonaire Software Solutions, a provider of fee calculation, billing and revenue and expense management solutions for asset managers including institutional asset managers, wealth managers, mutual funds, bank trusts, hedge funds and capital
Insparo Asset Management has announced plans to launch its inaugural Africa and Middle East hedge fund this month with an expected USD125m in assets, offering investors the opportunity to
Thinknum, a leading provider of web-sourced alternative data, has secured USD11.6 million in Series A funding round. Participants included Green Visor Capital, one of the original investors in the firm’s USD1 million seed round in 2014. Thinknum will use the
Five of the six hedge fund strategies covered by Dow Jones Hedge Fund Indexes posted net-of-fees gains in April, although event-driven is still the only strategy tracked by Dow Jones that
Morgan Creek Digital is to be the lead anchor investor in Ikigai Asset Management’s flagship fund focused on executing systematic and fundamental liquid hedge fund strategies as well as opportunistic venture-stage crypto asset investments. Ikigai is a crypto asset management
Over the weekend, software giant Microsoft dropped its three-month-old bid to buy internet firm Yahoo! because the two sides cannot agree on an acceptable price.
The SS&C GlobeOp Forward Redemption Indicator for March 2019 measured 3.49 per cent, up from 3.42 per cent in February. “SS&C GlobeOp’s Forward Redemption Indicator for March 2019 was 3.49 per cent, an uptick from the record low March redemptions
Hedge funds extended their winning streak to a second month with a February return of 1.24 per cent, according to the Barclay Hedge Fund Index compiled by BarclayHedge. By comparison, the S&P 500 Total Return Index rose 3.21 per cent
