FierceFinanceFierceFinanceITFierceSarbox   FierceCIO
Syndicate content

net worth news from FierceFinance

Most Popular net worth story
Related Tags Banking Industry   Hedge Funds   Merrill Lynch   Goldman Sachs
Tools

News

Joe who? Takes a stake in Bear Stearns

September 11, 2007 — 6:59am ET
The news that a British billionaire had acquired a 7.0% stake in Bear Stearns had a lot of people asking, who? Few people can afford to plop down $860.4 million to buy 8 million shares. Lewis has a... Read more...

Secret of JPMorgan's hedge fund success: Highbridge

July 27, 2007 — 6:59am ET
By dint of savvy acquisitions, JPMorgan is now the world's largest hedge fund manager, as... Read more...

BlackRock acquires fund of funds

June 26, 2007 — 8:01pm ET

Despite the hedge fund woes we're now seeing, it's fair to say that asset managers of all stripes are bent on getting into alternative investments. The conventional wisdom is that that is what... Read more...

More on Merrill Lynch's deal for GSO

May 22, 2007 — 8:01pm ET

We've seen a lot of the top investment banks take minority stakes in hedge funds. There are a lot of reasons for doing so. High net worth investors may want access. The fund may do more trading... Read more...

Goldman Sachs closes on a $20 billion fund

April 24, 2007 — 8:01pm ET

Goldman Sachs is without a doubt a powerhouse in the private equity, perhaps to the chagrin of top private equity firms. But it is not going away, and all would be wise to play well with the firm.... Read more...

Advisors to rely more on alternative investments?

February 27, 2007 — 8:01pm ET

A MarketWatch columnist notes Rydex's new "National Survey of Registered Investment Advisers," has found that 43 percent of advisers have "moderately" boosted their use of alternatives... Read more...

ALSO NOTED: JPMorgan to buy funds services unit; More on Citigroup's new CFO; and much more...

February 26, 2007 — 8:01pm ET

Company News:
> JPMorgan to buy funds services unit. Article
> More on TXU deal. Read more...

Public criticism of SEC's new hedge fund standards

February 14, 2007 — 8:01pm ET

No doubt the SEC meant well when it raised the net worth requirements for individuals who want... Read more...

Merrill Lynch to buy asset manager

January 29, 2007 — 8:01pm ET
Everybody wants access to high net worth individuals right now, none more so than top banks. Bank... Read more...

How high net worth customers see things

January 28, 2007 — 8:01pm ET

There's a common notion that alternative investment funds are reserved for very high net worth... Read more...

12next ›last »