Press Release – After years of investigating claims of ponzi scheming and fraudulent valuation, primarily lodged by two disgruntled former employees who had been terminated for improper conduct, The NIR Group and its Managing Partner, Corey Ribotsky have been vindicated […]

New York – EisnerAmper LLP received the North American Team of the Year Award at the STEP Private Client Awards for 2011/12 on September 15. Winners were announced in London at the Hilton in Park Lane, where more than 670 […]

The second annual FINCAD Corporate Finance Survey found that 73% of respondents conducted hedge effectiveness testing, but of these, 36% reported it as their biggest challenge; greater than accurate risk assessment or independent valuations. To assist with this challenge, FINCAD has […]

BNY Mellon Vice Chairman Karen Peetz has been named the “Most Powerful Woman in Banking” by American Banker magazine as part of its annual ranking of women in banking and finance. The rankings are based on the financial performance of […]

Dr. Everett Ehrlich released a report on hedge funds’ potential to add billions of dollars in annual returns to U.S. pension plans and university endowments. The paper, entitled “The Changing Role of Hedge Funds in the U.S. Economy,” uses cutting-edge […]

As the first generation of hedge fund leaders grows older, investors are increasingly exposed to key man risk and may be prudent to avoid an over-reliance on ageing star managers, according to the latest issue of aiCIO. “All asset classes […]

Dow Jones Indexes and Pring Research have announced plans to develop and co-brand a U.S. business cycle gauge designed to closely track Pring Research’s proprietary investment strategy. Pring Research’s Principal and President, Martin J. Pring, is an award-winning leader in […]

Private equity firms invested more than $148 billion in 1,234 U.S. based companies in 2010, according to a new analysis released today by the Private Equity Growth Capital Council (PEGCC). The top five states in terms of deal value were […]

Press Release – Constance Hunter, Chief Economist of Aladdin Capital Management, said that Europe could recover more quickly if a “cathartic event” forced policy makers to make tough decisions sooner than later. Without a jolt to the system, she added, […]

Grand Cayman, Cayman Islands – Ogier Fiduciary Services Cayman Limited (OFSCL) announced a new structure that will allow its leadership team to focus and develop capabilities for specific lines of business and build even deeper partnerships with clients. “The growth […]

Hedge funds were up 0.44% in July as managers provided downturn protection to their portfolios in a month that saw global equity markets decline The Eurekahedge Hedge Fund Index gained 0.44% in July; a month marked by high risk aversion arising from […]

FinCEN – The Federal Deposit Insurance Corporation (FDIC), the Treasury’s Financial Crimes Enforcement Network (FinCEN), and the State of Florida Office of Financial Regulation (OFR) today announced the assessment of concurrent civil money penalties of $10.9 million against Ocean Bank, […]