Alternative investments

Like other bank-owned asset managers, the division is under pressure from new regulations such as MIFID II and a protracted shift toward passive investing.

By signing a deal with iCapital Network, the regional brokerage aims to provide clients "a more comprehensive set of solutions."

As the sector grows to over $30 trillion in Europe, North America, Japan, Australia and New Zealand, one popular approach consists of excluding offenders.

The NHL team owner and famed asset manager’s challenges illustrates how the appetite for hedge funds has changed since he first got into the business.

Broadly, hedge funds lost about 0.1% last month, paring gains for the year to about 6.2%, data show.

The cases allege unsuitable recommendations of LPs issued by affiliates of GPB Capital, which faces multiple investigations.

Closed-end funds can allow all clients — not just HNW ones — to invest in alternatives

The employee and independent BD collected excess UIT commissions and failed to properly review inactive accounts, the regulator says.

One of the clients who filed the claim is still trying to withdraw money from non-traded investments he says were never explained to him.

A PKS rep allegedly sold $190 million worth of non-traded REITs and BDCs without disclosing the commissions.