Saturday, 28 March 2015
Last updated 17 hours ago
Oct 25 2010 | 2:01am ET
Switzerland's SYZ & Co. has merged its alternative investments and traditional institutional asset management divisions into a single overarching money management arm.
The newly-created SYZ Asset Management will oversee all of the bank's funds, including those run by its 3A fund of hedge funds unit. The new division features exclusive research, analysis, portfolio and risk management, marketing and operations features, allowing the firm to simultaneously market all of its asset management wares to its pension fund, insurance company and corporate clients, among others.
"We are currently witnessing a rapid convergence between the traditional world of investment and alternative management," Paolo Luban, head of the new unit, said. "The integration of our activities creates strong synergies and positions us as a particularly versatile institutional asset manager."
"Our expertise, proven track record and capabilities in traditional asset classes and portfolios of hedge funds allows us to be particularly competitive in traditional multi asset absolute return mandates, which are in high demand at present," SYZ Asset Management CEO Patrick Bédat added.
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…