Wednesday, 1 October 2014
Last updated 41 min ago
Mar 11 2014 | 8:40am ET
Institutional Shareholder Services is used to weighing in on acquisitions. But for the third time in seven years, it's to become one with private-equity firm Insight Venture Partners poised to buy it.
The proxy advisory service's current owner, MSCI Inc., has put ISS up for auction. Insight is seen as the likely winner of that contest, The Wall Street Journal reports, and could pay about $300 million for it.
MSCI acquired ISS when it bought RiskMetrics Group in 2010. RiskMetrics had acquired ISS in 2007, paying $553 million for it.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...