Nuveen Investments Inc. has agreed to acquire HydePark Investment Strategies, a specialist in enhanced equity investment management.
Another top executive has walked away from the Pacific Select Group LLC, the soon-to-be-dismantled broker-dealer network of Pacific Life Insurance Co. of Newport Beach, Calif.
JPMorgan Chase & Co. chief executive T. Timothy Ryan has withdrawn himself from consideration to be the Department of the Treasury's top international policy adviser, according to published reports.
E*Trade Financial reported a 19% increase in first quarter profit on growth in client assets.
Nasdaq Stock Market Inc. posted a disappointing 1.7% increase in first quarter net income due to charges related to its failed bid to acquire the London Stock Exchange.
BlackRock Inc. posted a whopping 176% jump in first-quarter net income as demand for its products has improved following its merger with Merrill Lynch & Co. Inc.'s asset management unit last year.
The hedge fund industry posted record inflows of more than $60 billion during the first quarter, bringing total assets under management to $1.57 trillion, according to data released today by Hedge Fund Research Inc.
Jackson National Life Insurance Co. today reported total sales of nearly $3.5 billion in the first quarter, up 21% from the same period a year ago.
Less than a week after Citigroup Inc. agreed to purchase Old Lane LP and tap Vikram Pandit, its founder, to become head of Citi Alternative Investments, Citigroup’s Dean Barr has resigned as head of liquid markets.
The 100 largest hedge funds now control about 70% of hedge fund money, up almost 20% from 2003, according to Morgan Stanley's prime-brokerage unit, says a Wall Street Journal report.
