Despite Weakening Art Market, These 4 Areas Show Strength
Sales at Christie’s fell sharply in the first half of 2016 compared to a year ago, but certain areas of the market are showing strength.
Liquid Alts Eked Out Gain in August
The Wilshire Liquid Alternative Index returned 0.1% in August, underperforming the HFRX Global Hedge Fund Index’s return by five basis points.
U.S. Justice Department Investigating Wells Fargo
The probe follows a $185 million fine levied by regulators who charged the bank with opening 2 million accounts without customers' approval.
Saudi Arabia Ousts U.S. as Biggest Oil Producer, IEA Says
U.S. output in August stood at 12.2 million barrels a day while Saudi Arabian production climbed to 12.58 million barrels a day the same month.
Hedge Funds Posted Sixth Straight Monthly Gain in August: HFR
Hedge funds gained 0.4% in August, with year-to-date performance up 3.5%, according to Hedge Fund Research
Alt Fund Selection Is a Growing Challenge for Institutional Investors
Alternative assets continue to be a crucial part of institutional investors’ portfolios, but investors have a harder time identifying attractive opportunities.
Lynn Tilton Asks Supreme Court for Stay on SEC Fraud Charge
Founder of RIA firm Patriarch Partners has asked Justice Ginsburg to stay SEC fraud proceeding, charging Commission's administrative law judge systems is unconstitutional.
House to Vote on Dodd-Frank Rollback Bill Benefiting Private Equity
Following SEC scrutiny of Apollo, Blackstone and KKR, House bill would ease some fee disclosures; White House vows to veto measure.
9/11 Commission Chairs Call for New Effort to Combat Terrorist Ideology
Tom Kean, Lee Hamilton say task force will address U.S. failure to address the ideology behind terror attacks, especially among young Muslims.
Private Capital Funds Outperformed Public Indexes in 2015: Preqin
At $4.3 trillion, private capital assets increased by 54% since 2010, Preqin reported.