In The News
Last week, City Comptroller Scott Stringer released his comprehensive annual financial report for the fiscal year that ended June 30 that included an estimate of the city’s liability for its employees’ pensions.
Funds also vote in favour of appointment of all three REFOCUS nominees to the URW Supervisory Board.
We just got the latest measurement of how deep the Teachers’ Retirement System hole is now. And yet, lawmakers keep on digging.
group representing European and U.S. investors with a collective $30 trillion (£23 trillion) in assets urged the United States to quickly rejoin a global accord to tackle climate change on Wednesday, as a decision by President Donald Trump to leave the pact came into effect.
A new Seward & Kissel study into the use of side letters in the hedge fund industry shows fee discount clauses are now the most common issue raised by investors in such agreements, while the number of smaller hedge fund managers using the practice has increased.
Callodine Group (“Callodine”), an asset management firm focused on yield-oriented investment strategies, today announced that it has entered into a definitive agreement to acquire the loan portfolio and assume the employees and operating costs of Gordon Brothers Finance Company, LLC (“GBFC”).
Former TerraForm Power Inc. investors can advance their challenge to a $650 million financing deal with its majority owner, Brookfield Asset Management Inc., because Brookfield’s subsequent $1.6 billion buyout of TerraForm didn’t deprive them of standing to bring the case, a Delaware judge ruled.
Some of the most conservative real-estate funds are suffering from falling property values, putting their fund managers in a tough spot as investors look to cash out.
High bond prices mean fixed income has lost its lustre as a ballast against stock falls.
Many popular quant strategies are struggling but to varying degrees we are all quants now.