Kathy Daly was running late for our 12 p.m. interview. It was the day after J.P. Morgan Chase acquired Bear Stearns at the fire-sale price of $2 a share, and she'd been calling clients since 6 a.m., soothing nerves already rubbed raw by the previous week's market plunge. Her aim:...
Quick, now, what's the fastest growing investment class in the United States? Precisely right: structured products. Go ahead, fall in love with them -- but don't...
How You Are Heard
Strong communication skills are imperative to success in the financial planning industry. Whether it's prospecting new clients, working well with employees, or dealing with vendors,...
Updated: Nobel Group Awards Hedge Funds
NEW YORK (HedgeWorld.com)--The foundation charged with managing the pool of money out of which Nobel Prize winners are paid made its first hedge fund investments recently, and among those selected to manage assets were Corbin Capital Partners, a New York fund of funds firm, Rock Creek Group, Washington, D.C., and...
Building a Niche
You hear it often: one of the best ways for independent advisors to maintain their competitive edge is to serve a niche clientele. William and...
In Enron Affair, What Did Banks and Hedge Funds Know?
The first Enron case to come to trial was in the United Kingdom. Structured finance professionals watched with bated breath as Mr. Justice Cook dismissed WestLB's claims against J.P. Morgan Chase. After all, we're paid to come up with legal and creative financial solutions, even if some of the financial...
J.P. Morgan Report Sees Erosion in Some Hedge Fund Segments, Opportunities in Others
LONDON (HedgeWorld.com)--A report that describes 2004 as "almost a perfect storm hitting alpha" for active hedge fund investors, with a number of factors coalescing to dampen returns, finds that while hedge funds offer ample opportunities for profit in many areas, some of the commonly used strategies are eroding the very...
Kenneth Feinberg of Selected American Shares
S&P Rank: 5 Stars Finding High Quality Keeps Selected American Shares on Track
Magnum Launches New Fund of Funds, Ibbotson to ConsultCSFB Hires FX Exec Chapin
NEW YORK (HedgeWorld.com)--Credit Suisse First Boston hired Tim Chapin as a director and senior coverage officer in foreign exchange hedge fund sales. Mr. Chapin previously was...
GFI Offers 'Revaluation Fixings' Data
NEW YORK (HedgeWorld.com)--GFI Group Inc. announced that four major banks have signed up for its latest derivatives-related subscription service, FX Options Revaluation Fixings. In a statement...