Thursday, 18 September 2014
Last updated 13 min ago
Feb 27 2014 | 12:10pm ET
Private-equity firm Permira has agreed to buy wealth-management business Tilney from Deutsche Asset and Wealth Management.
Permira plans to merge Tilney with Bestinvest, the investment adviser acquired by Permira last year. The combined business will have £9 billion in assets under management.
“This will propel the combined group right up to the top of the table in the U.K. market,” Bestinvest’s Jason Hollands said.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.