Starting in 2019, financial industry executives sitting for the coveted Chartered Financial Analyst exams will need to add a series of computer and data science topics to the body of knowledge they need to know in order to earn one of the industry's most selective designations.
The move comes as the fintech sector booms and quantitative investment models, algorithmic trading and alternative data sets play increasingly prominent roles in the asset management industry.
James Bond’s preferred carmaker is returning to the public debt markets for the first time in five years, issuing at least £530 million in five-year debt aimed at refinancing high-coupon tranches maturing next year and further cementing the famous company's nascent turnaround.
Spending on Wall Street holiday parties has largely returned to pre-2008 levels as the climate on Wall Street turns more optimistic, although many firms are still mindful of the public's reaction to lavish events following the financial crisis and downplay the festivities.
U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party at the Long Island home of Renaissance's Technologies co-CEO and major campaign donor Robert Mercer over the weekend, but he declined to adhere to the party's theme.
Lower leasing costs, more efficient office space and the hope of projecting an image more appealing to millennials are leading hedge funds and large corporations to leave Manhattan's coveted Plaza business district for a rejuvenated downtown and the trendy far West Side.
As the first flakes of snow fall on New York's northern suburbs, Dan Weil of South Florida's Real Deal explains why Palm Beach and neighboring West Palm Beach are becoming ever more attractive to alternative asset managers. Hint - it's not just the weather.
Evan BeardAlternative investment managers have emerged as some of the most significant art collectors of the 21st century. While art is fairly unique in that financial sponsors can own it for intellectual, cultural and social reasons, there are also financial and strategic reasons as well. For instance, says Evan Beard, national art services executive with U.S. Trust, Bank of America Private Wealth Management, art can also be a great asset through which to unlock otherwise captive capital.
American watch manufacturer Vortic, which started out restoring antique pocket watch movements made during the U.S. railroad era and building them into custom wrist watches, has announced a new offer for its upcoming line – a limited edition series of individually- numbered watches sold on a first come, first serve basis.
Innovative alternative investment company Quattrex Sports has unveiled a new UCITS-compliant fund that will allow both retail and institutional investors to invest into professional soccer teams in Germany's Bundesliga.
Looking for real estate investments but the typical real estate fare isn’t cutting it? Are alternative investments more your style? Nothing says unconventional like buying into island life, and Kiawah Island, 21 miles south of Charleston, South Carolina, can be very attractive from a number of perspectives.