03/20/2017
Hedge Fund Titan’s Surefire Bet Turns Into a $4 Billion Loss
He didn’t plan to live there — it was an investment property — but until he sold it, the apartment would make a good party space, he told The New York Times.
Comment & Analysis
03/20/2017
How Cliff Asness Became A Billionaire By Building A Kind Of Vanguard Of Hedge Funds
Started as a quantitative hedge fund firm, AQR stands for Applied Quantitative Research.
03/20/2017
The World's Richest Hedge Fund Billionaires 2017
The firm's biggest fund, Renaissance Institutional Equities, was up 21.5% net of fees in 2016.
03/20/2017
Seven Hong Kong banking jobs that all pay over $2m a year
While the eight functions included are unsurprising – they are all in the front-office – the list does show that there is now comparatively little difference between them when it comes to senior pay.
03/17/2017
UBP Brings Institutional Investing to Asia’s Wealthy
UBP’s Michael Blake says new fixed income fund offers access previously out of reach of private clients.
03/17/2017
More Merrill Departures: Recruiting Roundup
Raymond James adds an employee team, and HighTower grabs a breakaway duo; Triad recruits a group from Commonwealth
03/16/2017
US Fed rate decision - Nancy Curtin comment
At current activity levels, the economy should be well able to tolerate moderately higher interest rates.
03/16/2017
Woods to design 10-hole short course in Bahamas
The golf course complements this luxury resort destination because it's designed for golfers to have fun, while still being challenged.
03/16/2017
Interview: Michael Maslinki, the wealth manager with the polo bug
Born in 1953, Maslinski had four elder brothers, plus an adopted brother.
03/16/2017
How to Get an Invite Onto the World’s Biggest Megayacht
Quintessentially One is meant to be about the impressive people on board; the vessel is just a backdrop.
03/16/2017
Ultra-rich protect wealth with spread of family offices
But there are cases of multi-family offices where families worth from £80m upwards could share such services.
03/16/2017
Robot out of it, say asset managers
Another speaker noted that traditional wealth managers can “view it as an opportunity or a threat”
03/16/2017
Rolls-Royce wraith black badge is perfect for the young elite
The automaker's response was the Black Badge series.
03/16/2017
BNP Paribas in talks to buy estate agency Strutt and Parker
The deal would be a big vote of confidence in the British property market.
03/16/2017
Beauty App Meitu Produces Its Second Billionaire
The company became a household name in China by tapping a cyber-savvy generation’s growing desire to look attractive online.
03/15/2017
Advisors Must Understand Millennial Diversity
Advisors need to stop trying to target millennials as a whole, Focus partner MW Lomax acquires Westwood Group and Merrill hires an advisor away from BTG Pactual.
03/15/2017
Top rated Hotels for the world’s wealthy
Wealth refers to the net assets of a person.
03/15/2017
NetJets Soars Ahead Of Competition With New Latitude
Its pioneering payment concept which took off back in the 80s.
03/15/2017
New Hedge Fund Study Shows Sharp Rise in Funds Using Non-Equity Strategies
Management fees charged to standard class members were down from last year, both for non-equity funds 1.43% and equity funds 1.51%.
03/15/2017
A Busy Year with High Expectations
Policy and rising confidence mean GDP growth, but will that push a historic market higher?