Pew: State pension underfunding approaches $1T
Posted: July 15, 2015
The Pew Charitable Trust report, “The State Pension Funding Gap: Challenges Persist,” finds that states’ unfunded liabilities (i.e. the difference [Read More]
Cowen to acquire Concept Capital Markets
Posted: July 15, 2015
Cowen Group announced today that it had signed a definitive agreement in which it will buy Concept Capital, a prime [Read More]
Some Chinese dedicated funds still positive for the year
Posted: July 15, 2015
With the Shanghai Composite Index plummeting more than 24% since its June 12 peak, several dedicated Chinese funds rank among [Read More]
OZ Management admits providing inaccurate trade data, settles with SEC for $4.25M
Posted: July 14, 2015
The Securities and Exchange Commission charged OZ Management, the investment adviser for numerous Och-Ziff funds, with providing inaccurate trade data [Read More]
TCW and Gargoyle partner in liquid alt fund
Posted: July 14, 2015
The TCW Group has partnered with Gargoyle Investment Advisor to offer its first alternative mutual fund – The TCW/Gargoyle Hedged [Read More]