A Family Business Helping Those With Substantial Wealth
It was the sale of his company that led Kenneth Akeson to set up a business designed to help individuals and families of substantial wealth to manage their lives better when it came to things like bill paying and administration.
Platinum Fraud Charges Shine Light On Cayman Director Responsibilities
NEW YORK (Thomson Reuters Regulatory Intelligence) - Investment-fund boards of directors have a critical responsibility to be an "independent watchdog" on behalf of investors. For most U.S. retail in...
Och-Ziff Executives Said To Leave After $13 Billion Withdrawn
Several executives are leaving Och-Ziff Capital Management Group LLC after the hedge fund suffered withdrawals of about $13 billion in the past 13 months and its shares dropped, according to people with knowledge of the matter.
What We Can Learn From the Yale Endowment
Those in the investment community’s inner circle acknowledge that David Swensen, who runs the Yale Endowment, has an enviable investment record—who wouldn’t want the kudos that accompany running a $25 Billion fund and outperforming by close to 30% more than its nearest competitor in 2015?
100 Most Exciting Startups In New York City
A panel of 40 judges, including Business Insider's Henry Blodget and Karl-Theodor zu Guttenberg, chairman of Spitzer Partners, chose the finalists.
Why Bill Ackman's Hedge Fund May Have To Return Millions In Fees
Pershing Square Capital Management, the hedge fund firm run by billionaire William Ackman, wants to be exempted from possibly having to return millions of dollars in fees after a former employee dona...
Zenefits Ordered To Stop Offering Free Insurance Software In Washington State
Washington State Insurance Commissioner Mike Kreidler has ordered insurance startup Zenefits to stop providing free use of its software in the state. The Commissioner issued a release detailing the order on Thursday, and explaining that the block on a completely free product is a result of Zenefits violating the state’s inducement laws.
How Can Family Offices Deal With The Big Data Revolution?
While some family offices show great entrepreneurial spirit, to date many have been slow adopters of technology tools for efficient portfolio management. But that is changing as the sources of available information continue to mushroom, and some are even starting to set up dedicated data science teams, following the example of hedge funds like Winton Capital and Two Sigma.
Accidental Americans | BNY Mellon Wealth Management
Many people with seemingly remote connections to the U.S. don't realize that they are subject to extensive tax and reporting obligations to the IRS....
Study Sees Potential Disaster For Ohio Pensions
A new study says that the state's public pensions are woefully unprepared for sluggish investment returns...