Sunday, 29 March 2015
Last updated 1 day ago
Feb 3 2010 | 11:54am ET
The Financial Times has bought Medley Global Advisors, a macroeconomic policy intelligence company that counts many hedge funds among its clients.
Terms of the deal were not disclosed, but MGA’s assets were estimated to be about US$7.3 million at the end of last year. MGA was founded in 1997 by Richard Medley, a former political strategist to hedge fund honcho George Soros, and has about 45 employees.
The FT, which is owned by educational publisher Pearson, is seeking to shift more of its business into premium subscription services and away from advertising-based publications, which have taken a big hit during the recent financial crisis. The company said that MGA’s core subscribers, among them the world’s top banks, hedge funds and money managers, had maintained their subscriptions to MGA.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…