Dyal Capital to Offer Investors Chance to Cash Out Stakes in Evergreen Fund
The New York-based unit of asset-management firm Neuberger Berman is weighing a deal that would allow investors to sell their interests in a $5.3 billion fund that owns stakes in alternative asset managers.
Two Chinese Nationals Indicted in Alleged North Korean Bitcoin Hack
The U.S. indicted and sanctioned two Chinese nationals accused of helping North Korean hackers launder around $100 million in stolen virtual currency.
Point72's Head Quant Is Leaving the Firm
The head of billionaire Steven A. Cohen's quantitative-trading effort is leaving, a possible sign of the challenges traditional investors are facing as they move to embrace quant strategies.
Fed's Repo Pool Jumps Higher on Monday
The amount of temporary liquidity the Federal Reserve has been providing to financial markets popped higher Monday.
ECB Ready to Cut Rates to Bolster Economy, Official Suggests
A top European Central Bank official signaled that the bank could roll out fresh interest-rate cuts and bond purchases to support the eurozone economy against the impact of the coronavirus epidemic.
Barclays Shareholder Calls for CEO to Leave Over Epstein Links
Barclays chief executive Jes Staley was under renewed pressure after an activist investor called on the bank to withdraw its support for its American CEO because of his links to Jeffrey Epstein.
Investec's Fund Arm Sets Float Price Range
Investec's asset-management unit, Ninety One, will be valued up to GBP2.17 billion after it decided to proceed with its London and Johannesburg IPOs despite market volatility.
Western Asset Calls Top of Treasury Market Rally
Panicked buying of U.S. government bonds in reaction to the global spread of the coronavirus has set Treasurys up for a fall, the bond-investing firm's deputy chief investment officer said.
Where Have All The Women Fund Managers Gone?
Despite constant chatter about efforts to increase the ranks of women in fund management, the industry has made no progress in 20 years -- and in some instances has gone backwards, according to Morningstar research cited by Barron's.
Financial Services Roundup: Market Talk
The latest Market Talks covering Financial Services