Insurance Giant Forms Independent Broker-Dealer
By Staff WriterNU Online News Service, Feb. 1, 2005, 8:12 p.m. ESTThe AIG Advisor Group, Phoenix, plans to combine 3 of its brokerages into a new ...
February 01, 2005
Study Finds '2 and 20' Not the Only Game in TownLONDON (HedgeWorld.com)--Fee structures for hedge funds vary more than some investors are aware, and fund managers might ponder whether altering how and how much they charge could affect the attractiveness of their product, according to a study by Fitzrovia. The study, titled "Benchmarking Performance Fees," found that one-third of the...
February 01, 2005
Record Number of PIPEs in 2004 but Capital Raised Below PeakNEW YORK (HedgeWorld.com)--Private investments in public equity rebounded in the fourth quarter of 2004 to a record 1,269 transactions, according to San Diego-based Sagient Research Systems. But the combined value of these deals, US$15.49 billion in equity and equity-linked capital, remained below the 2000 peak. Sagient ranked Roth Capital Partners...
February 01, 2005
Hedge Fund Surge Drives Up Risk Management PayNEW YORK (HedgeWorld.com)--The rising tide of hedge funds has lifted the compensation boats of those in the risk management industry. According to a new survey by the executive search firm Risk Talent Associates LLC, total compensation for risk professionals grew by 9% in 2004 as compared with 2003 figures. Overall,...
February 01, 2005
Mutual Of Omaha Improves Group Life PortabilityNU Online News Service, Feb. 1, 2005, 1:01 p.m. ESTA Midwestern insurer wants to let workers take some benefits with them when they leave ...
February 01, 2005
Subimo Updates Health Care Shopping ToolsNU Online News Service, Feb. 1, 2005, 12:45 p.m. ESTA Web services company is trying to help workers who have personal health accounts do ...
February 01, 2005
American Express To Sell AEFA (Updated)A New York payment card company wants to spin off its financial advisory unit.[@@]The card company, American Express Company, says it hopes to separate ...
February 01, 2005
Hedge Fund Synergies: Consultants Find Ways to Leverage Business SmartsNEW YORK (HedgeWorld.com)--Banks, traditional money managers, insurance companies and private equity shops all have served as hedge fund launching pads or host organizations. Less noted is the role of some business consultancy firms in creating hedge fund operations. The advantages of a connection to a larger organization, whether it be...