The DWS Invest and DWS Invest II mutual funds, which are distributed internationally, will be renamed Deutsche Invest I and Deutsche Invest II by the end of August 2014, subject to regulatory approval.
The United States Marshals auction of 30,000 Bitcoins seized from defunct online marketplace Silk Road has ended. Details on winning and losing bids are, as of this writing, impossible to come by.
Financial Algorithms, an Israeli information technology company that creates trading algorithms for hedge funds, is the target of a $4 billion takeover bid from an unidentified foreign buyer,
With less than one month to go until the transitional phase of the EU Alternative Investment Fund Managers Directive (AIFMD) comes to an end, Jersey is seeing a strong take-up in its private placement route into Europe.
Northwestern Mutual today announced an agreement to sell the company's subsidiary company, Russell Investments, to the London Stock Exchange Group plc (LSEG) for $2.7 billion. The sale will be finalized later this year, pending regulatory and LSEG s
The merger with EIM, which is still pending regulatory approval, brings total assets to around $8.5 billion which Gottex hopes to grow to $15 billion within five year.