Latest News

Time to revisit stock exchanges, SEC Commissioner Jackson says

Markets

Markets

The Securities and Exchange Commission should rein in the lopsided power of for-profit stock exchanges, SEC Commissioner Robert Jackson Jr. said.
BofA to pay $30 million to settle CFTC charges over U.S. Dollar ISDAFIX benchmark

Regulation

Regulation

Bank of America will pay $30 million to settle CFTC charges that the bank tried to manipulate the U.S. Dollar ISDAFIX benchmark.
HPS to acquire Talamod Asset Management team

MONEY MANAGEMENT

MONEY MANAGEMENT

HPS Investment Partners has agreed to lift out the staff of distressed credit manager Talamod Asset Management.

MONEY MANAGEMENT

MONEY MANAGEMENT

Logan Capital Management is hiring away the sovereign dividend performers portfolio management team from Manulife Asset Management.

MONEY MANAGEMENT

MONEY MANAGEMENT

Scott Snell joined Tetragon Credit Income Partners as a portfolio manager of collateralized-loan obligation strategies.

Sovereign Wealth Funds

Sovereign Wealth Funds

Qatar appointed Mansoor bin Ebrahim Al Mahmoud as chief executive officer of one of the world's largest sovereign wealth funds.
Hillhouse Capital closes on $10.6 billion for largest Asia private equity fund

PRIVATE EQUITY

PRIVATE EQUITY

Hillhouse Capital Group on Wednesday announced it closed its latest private equity fund, Hillhouse Fund IV, at $10.6 billion.

Pension Funds

Pension Funds

Ted Jennings was named senior investment manager within RPMI Railpen's private markets team.
U.K. regulators seek advice on how insurers are assessing LIBOR risks

Investing

Investing

U.K. regulators are seeking input on how insurance companies are assessing key risks relating to LIBOR's 2021 expiration.
Concerns over hard Brexit growing for U.K. CFA members, but majority still expect soft exit

ECONOMY

ECONOMY

Investment professionals increasingly expect a so-called hard Brexit when the time comes for the U.K. to leave the European Union.

MONEY MANAGEMENT

MONEY MANAGEMENT

Kathryn Sayko was named chief inclusion and diversity officer at PGIM.
Stonepeak Infrastructure gets $350 million investment from Landmark Partners

INFRASTRUCTURE

INFRASTRUCTURE

Stonepeak Infrastructure Partners is receiving a $350 million preferred equity investment from Landmark Partners in part to diversify its holdings.

ALTERNATIVES

ALTERNATIVES

Karen Simeone has joined alternative investment firm HarbourVest Partners as a managing director.
Qatar's QIA chief is said to leave $320 billion wealth fund

Sovereign Wealth Funds

Sovereign Wealth Funds

Abdullah Bin Mohammed Al Thani is leaving as CEO of the Qatar Investment Authority after almost four years at the helm.
University of Virginia endowment returns 11.4% for fiscal year

Endowments and Foundations

Endowments and Foundations

University of Virginia Investment Management Co.'s endowment and long-term pool returned a gross 11.4% in the fiscal year ended June 30.