The insurance broker will acquire all of HRH’s outstanding shares of common stock for $46, 50% cash and 50% stock.
Exchange traded funds were an oddity at the start of the decade.
Despite all the noise coming from lawmakers calling for increased regulatory oversight of hedge funds, many involved in the nearly $2 trillion industry don't think that regulators are ready, willing or able to try to get their arms around this increasingly diverse investment category.
In 2018, the mutual fund business will look much like today's, industry experts predict.
The platform will include eight product solutions, four mutual fund portfolios and the FundQuest ActivePassive Portfolio.
The insurer’s valuation of credit default swaps are in question, according to The Wall Street Journal.
Michael Burson has been promoted to senior vice president for recruiting in Asia.
The joint venture expects to invest $50 million to $200 million per deal, covering a variety of hedge fund strategies.
The bond insurers are also facing downgrades from Moody's Investors Service.
The bond insurers are also facing downgrades from Moody's Investors Service.
The joint venture expects to invest $50 million to $200 million per deal, covering a variety of hedge fund strategies.
Alternative asset allocations increased to 28%, compared with 23% in the previous year.
Forward Management will buy Accessor Capital Management, creating a combined firm with $5 billion under management.
An association has launched <a href=http://Reit.com>Reit.com</a>, a website designed to address all matters related to REITs.
The aim is to remove some of the power investment banks have over selecting which rating firms get paid to rate deals.
The SEC has not decided if synthetic guaranteed minimum withdrawal benefits should be be treated as securities.
Three exchange traded funds from The Vanguard Group Inc. declared a 2-for-1 stock split today.
Washington Mutual board chairman Kerry Killinger and Marsh & McLennan CFO and VP Matthew B. Bartley will leave their jobs.
Plaintiff’s attorneys are going to have a tougher time seeking class action status in alleging the improper sale of an annuity.
Dollar Bull 2.5x Fund seeks daily investment results, before fees and expenses, of 250% of the performance of the U.S. Dollar Index.