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]
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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]
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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]
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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]
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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]
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