Mark Investments

Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services to the investment management industry, today announced that more than 200 clients have licensed Advent Portfolio Exchange? (APX) since the product was launched in late 2005. APX is Advent’s next generation portfolio management solution offering a powerful platform that brings together mission-critical portfolio [...]

Eagle Investment Systems LLC, a leading provider of financial services technology and a subsidiary of The Bank of New York Mellon, today announced that Ark Asset Management Co., Inc. (Ark), a leading investment management firm in the institutional marketplace, will transition its installation of the Eagle investment management suite, which is currently managed in-house, to [...]

State Comptroller Thomas DiNapoli has hired a hedge fund consulting firm to examine part of the state pension fund’s portfolio during the next three years.
DiNapoli, the trustee of the $154.5 billion state retirement fund, said he has retained New York City-based Aksia LLC for investment advice. The firm will focus on the “absolute return” part [...]

Leading independently owned investment advice and financial planning company Goldridge Wealth Management (Goldridge) has appointed Joe Byrne to its board of directors. Byrne, who was Goldridge’s Investment Manager, now has responsibility for the leadership of the company’s investment analysis and research team and becomes its Investment Director.
Goldridge’s Chairman Daniel Mintz said, “Joe’s appointment is consistent [...]

Vinod Aachi, head of equity structuring, private banking and retail coverage Asia ex-Japan at Deutsche Bank, provides a perspective on what the credit crisis and the return of volatility have meant for the structured products market in Asia and how issuers of such products can remain relevant in the current market environment.
It’s no surprise that [...]

Kunal Kashyap, founder and CEO of Indian investment bank Allegro Advisors, discusses the firm’s focus on wealth management and what advice he is giving his clients.
What prompted Allegro to start offering wealth management services in India?
We started Allegro with the vision of creating a full-service Indian investment bank so wealth management services were part of [...]

Once again, the heavens are open and it is raining IPOs in Kenya. Little is understood about IPOs in Kenya except that they “make money” and that share allocations are handed out in measly doses by mean investment banks.
Even much less understood is the concept of investment banks which most of us cannot differentiate from [...]

“We’ll look to restructure mortgages, and as soon as the loans are reperforming, and if there’s the capability and the market liquidity, we’ll look to sell,” Kurland told The Associated Press. “Other properties that may take longer, we’re prepared to hold five to seven years.”Backed by prominent investment management firms BlackRock Inc. and Highfields Capital [...]

NEW YORK (AP) — Treasurys were mostly higher Wednesday after an unexpected drop in orders for big-ticket manufactured goods stirred concerns about the health of the economy. Strong demand at a 2-year note auction also lifted prices.The Commerce Department’s report that orders for durable goods fell 1.7% last month touched off fresh concerns about [...]

LOS ANGELES (AP) — Stanford Kurland spent nearly three decades helping build Countrywide Financial Corp. into the nation’s largest mortgage lender.Now, the former president of the troubled company and several key colleagues hope to cash in as the housing market collapses.Kurland, 55, will serve as chairman and chief executive officer of a new company [...]