Tag Archives: bank-of-new-york-mellon-corp


Barclays in talks with BlackRock on BGI sale

Financial Post – Barclays PLC, the U.K.’s third-largest bank, is in talks with BlackRock Inc. and other bidders to sell its asset management division for more than US$10-billion. BlackRock, the world’s biggest publicly traded asset manager, is the leading contender […]

Treasury Select Committee MPs accuse funds of cashing in on misery

Times Online – The Massachusetts Pension Reserves Investment Management Board, which oversees $38 billion, voted to fire hedge-fund firm Austin Capital Management after losing $12 million with alleged Ponzi scheme operator Bernard Madoff. The state pension board also decided at […]

Wealthy wary of putting new money in hedge funds

Reuters – Millionaires who long put money with hedge funds are now skittish about adding fresh cash after these loosely regulated portfolios posted record losses last year, a top industry executive said on Thursday. "We have probably seen the worst […]

Cayman Islands Sets Milestone with 10000 Registered Funds

ITNews- Recent second quarter figures from the Cayman Islands Monetary Authority (CIMA), have confirmed the achievement of a key milestone by the Cayman Islands financial services industry, with more than 10,000 investment funds currently registered in the jurisdiction. At the […]

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