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Man Group grows thanks to M&A

Man Group's assets under management grew 36.6% in the last 12 months. The U.K.-based hedge fund grew assets...

NexAmerica PM: Stocks up; Apollo suffers hard losses; Missing flight may be found

Good evening, Stocks were up Wednesday, with both the Dow and S&P 500 both up 0.7%. The Nasdaq...

Legg Mason buys majority of infrastructure firm

Legg Mason is buying a 75% stake of RARE Infrastructure for $205 million. The Australia-based RARE holds $7.6...

Fed statement: Still on course to raise rates later this year; low inflation rate...

  Editors note: The Federal Reserve released its policy statement from its recently concluded two-day meeting. The Fed...

NexAmerica Midday: Carlyle Group profits jump; MasterCard disapoints; Fed to release policy statement

Good afternoon, Markets edged up Wednesday morning, as investors cautiously waited for the Fed's policy statement due at...

Some Overseas Markets May Prove More Resilient

  This article was originally published on Advisor Perspectives. Though global markets sold off last week and have continued...

NexAmerica AM: Fed to release policy statement; Facebook readies 2Q earnings; Twitter reverses gains,...

Good morning, It's a big day in the markets: Facebook reports second quarter earnings after the close and...

NexAsia PM: Chinese shares surge in the last hour; Japanese retail sales beat estimates

Good afternoon everyone. After spending most of the session in negative territory, a final hour surge sent...

Einhorn, Paulson go against the grain on gold

While Bank of America reports that fund managers are currently net short gold, two giants of the hedge...

Former NY-listed Chinese tech firms are stuck in limbo

Remember those Chinese tech companies that went private in NY hoping to relist in the mainland? Yeah,...

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