Mar 26 2013 | 1:19pm ET
Schroders yesterday agreed to buy Cazenove Capital for £424 million (US$646 million), a move that will unite two of London's oldest and most august asset and hedge fund managers.
Clients of both firms will see no change in the personnel managing their money. Savings of between £12 million and £15 million per year will not come from "the front office of our wealth management business or investment funds," Schroders CEO Michael Dobson said.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…