Wednesday, 1 April 2015
Last updated 7 hours ago
Feb 28 2014 | 10:45am ET
Elliott Management may be trying to boost the acquisition price of a fellow asset manager.
The New York-based activist hedge fund has taken an 11% stake in F&C Asset Management through derivatives, the Financial Times reports. The Bank of Montreal last month offered to buy F&C for £700 million.
Elliott is expected to agitate for a higher price, either from BMO or a rival bidder.
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…