Topic:
Asset Management
Latest Headlines
Latest Headlines
Analyst predicts minor break up of JPMorgan Chase
In the aftermath of the financial crisis, we've heard various suggestions that would break up the likes of Bank of America, Citigroup and even Goldman Sachs. So perhaps it is unsurprising that someone has now raised the idea of breaking up JPMorgan Chase
Study shows ETFs enhance correlation
So how bad was the investment climate from a correlation perspective the last few years? Pretty bad, according to a new study from Factors Advisors . Correlations among various asset classes...
Morgan Stanley’s big decision
TheStreet.com notes that Morgan Stanley has huge decision to make regarding the two-year old joint venture Morgan Stanley Smith Barney. It has an option that expires in May to boost its stake in the...
Two more partners leave Goldman Sachs
So what’s going on at Goldman Sachs? The gilded bank has announced that two partners in the securities division are leaving the firm after long careers. David Heller and Edward Eisler, two of...
RBS to slash 3,500 jobs
In many ways, the banking industry's pain has been worse in Europe than in the United States. Underscoring that point, RBS has announced it will cut 3,500 jobs. Recall that the U.K. government...
Hunstman would revisit "Too big to fail"
In this political year, we’re likely to hear a lot of populist rhetoric when it comes to powerful banks and financial services reform, as the lingering effects of the financial crisis are still...
SEC hits funds with "too good to be true" returns
In hindsight, many have suggested that the purported huge returns racked up Bernie Madoff were simply too good to be true. That was the largest of the red flags. The SEC has taken the lesson to heart
Morgan Stanley settles with SEC on subadvisor fees
Fund fee arrangements have been in the crosshairs of the SEC's Enforcement Division Asset Management Unit, which has just settled an interesting case with Morgan Stanley Investment Management, which
Top 10 Financial Failures of 2011
This year has certainly been full of financial news--both triumphs and disasters.
Answer to hedge fund redemption woes?
It's no secret that hedge funds have struggled mightily with their redemptions policies. In the wake of the 2008 financial crisis, lots of limited partners rushed for the doors. That put fund
