Tuesday, 31 March 2015
Last updated 1 hour ago
Oct 29 2010 | 1:42am ET
The Bank of New York Mellon’s Brazilian asset management arm says it plans to launch an onshore, regulated version of its Brazil hedge fund.
BNY Mellon ARX Investimentos recently launched a Latin America Infrastructure fund. The firm said it is likely to add a U.K. version of its Brazilian hedge fund.
“Latin America and Brazil are not passive plays because there is a disconnect between their high weightings in commodities stocks, and the locally-focused stocks that are growing,” Alex Gorra, head of ARX’s international platform, said.
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…