Veras Gets Fred Alger Subpoena; Other Firms May Be
By Staff WriterSUGAR LAND, Texas (HedgeWorld.com)--Veras Investment Partners was identified as a mutual fund market timer involved with Fred Alger Management & Co. Inc. executive James P....
October 17, 2003
Millennium Executive Pleads GuiltyNEW YORK (HedgeWorld.com)?Steven B. Markovitz a former executive and senior trader with Millennium Partners LP today pleaded guilty to a violation of New York?s Martin...
October 17, 2003
BluMont Launches Multi-manager, Multi-Strategy GuaTORONTO (HedgeWorld.com)--BluMont Capital Corp. launched a multi-manager, multi-strategy principal guaranteed hedge fund, BluMont Man Multi-Strategy Notes. The notes are an extension of BluMont's relationship with Man...
October 17, 2003
Janus Internal Inquiry Finds Market Timing, StressNEW YORK (HedgeWorld.com)?Janus Capital identified special deals with 12 clients that resulted in frequent trades in five Janus mutual funds despite the company?s policy to...
October 17, 2003
LOMA Offers Hiring Tool For Call CentersNU Online News Service, Oct. 17, 12:00 p.m. EDT -- LOMA, Atlanta, has announced a program to help insurers reduce turnover in their call ...
October 17, 2003
Analysts: Knowing Products Key To Knowing RiskNU Online News Service, Oct. 17, 2003, 10:15 a.m. EDT -- Options embedded in insurance contracts will make asset liability management more vital for ...
October 17, 2003
Bank Annuity Sales Ease Upward in AugustNU Online News Service, Oct. 17, 2003, 10:55 a.m. EDT -- Bank sales of annuities inched up in August to $4.3 billion, from $4.1 ...
October 17, 2003
Event-Driven Funds Shine in September, YearNEW YORK (HedgeWorld.com)--Hedge funds returned 0.49% in September and were up 7.38% year-to-date through that period, according to the Standard & Poor's Hedge Fund Index. The...