Tag Archives: bank of new york mellon


BlackRock In Talks For Largest Global Hedge Fund Transaction On Record

June 9, 2009 : Permalink

West Palm Beach (HedgeCo.net) – BlackRock, Inc. confirmed that negotiations are ongoing with U.K.’s third-largest bank, Barclays Bank plc, about the potential purchase of Barclays Global Investors (BGI), including the iShares business. “The discussions are not yet concluded and there […]

Barclays in talks with BlackRock on BGI sale

June 8, 2009 : Permalink

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 […]

BNY Mellon is Hedge Fund Administrator of The Year, Wins 7 Awards

May 13, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Along with an award for Hedge Fund Administrator of the year for their alternative investment services (AIS), the Bank of New York Mellon received 6 other awards at the International Custody & Fund Administration (ICFA) […]

Middle East investors’ share of hedge fund assets to rise 30%

April 28, 2009 : Permalink

Saudi Gazette – By end of 2013, Middle East investors will account for about $194 billion in hedge fund assets, or about 7.5 percent of total global hedge fund assets, a new global study of institutional investors, investment consultants and […]

Bank of NY Says Global Hedge Fund Assets Will Reach $2.6 Trillion by 2013

April 20, 2009 : Permalink

West Palm Beach – (HedgeCo.net) – Hedge fund assets will bottom out at roughly $1 trillion in 2009, after which capital appreciation and $800 billion in net inflows over the next four years will push global levels to $2.6 trillion […]

Bank of NY Unit Expands Hedge Fund Consulting Services

April 8, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Pershing LLC has expanded their business consulting services by including a hedge fund start-up simulator tool and a new guidebook to assist hedge fund managers with the launch of new funds. Pershing is a subsidiary […]

Treasury Select Committee MPs accuse funds of cashing in on misery

February 4, 2009 : Permalink

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

January 20, 2009 : Permalink

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 […]