Independent Broker/Dealers Not on AIG's Keeper List
The new chairman and CEO of AIG, Edward Leddy, disclosed in an analysts conference call on Friday, October 3, that the company has begun a...
Can It Happen Here?
Wealthy individuals and institutions dominate hedge fund investing, but the mainstreaming of these products rolls on. Strategies that traditionally have been available only in the shadowy...
A New Global Force?
Sovereign wealth funds -- government-owned funds often amassed from petrodollar surpluses and geared toward investment in foreign industrial and financial assets -- have become seemingly...
Asset allocation is a cornerstone of strategic portfolio design, but is its value diminished if everything is running higher? There's reason to wonder after a lengthy...
Financial Services At The Center Of M&A Party
With private equity giant Blackstone Group taking over Equity Office Properties Trust, Nasdaq Stock Markets bid for the London Stock Exchange, and Bank of America's plan to buy Schwab's U.S. Trust division, financial services are in the thick of the merger-mania that is sweeping global markets.
Blackstone Hires UBS O'Connor Alternatives CIO
NEW YORK (HedgeWorld.com)--Bruce Amlicke, chief investment officer at UBS O'Connor's Alternative Investment Solutions Group, joined Blackstone Alternative Asset Management as its chief investment officer. In the...