Growth Leads Gottex to Cap Another Share Class in Flagship Fund
By Staff WriterNEW YORK (HedgeWorld.com)--With its total assets under management reaching US$3.6 billion, London- and Lausanne-based fund of funds firm Gottex Fund Management plans to close the...
October 26, 2004
TFS Launches Mutual FundRICHMOND, Va. (HedgeWorld.com)--One of a few hedge funds to cross the great divide into the mutual fund space, TFS Capital officially launched its first mutual fund that offers retail clients a way to invest in alternatives. The TFS Market Neutral Fund lets the firm offer its mainline investment strategy to...
October 26, 2004
Many Americans Couldn't Handle Cash Crisis: SurveyNU Online News Service, Oct. 26, 2004Despite fears of not having enough money to cover sudden financial ...
October 26, 2004
Closing Set for Preferred International Value FundThe closing is aimed at keeping the fund from getting too big to be manageable, said Peter Spano, its portfolio manager. The fund currently has...
October 26, 2004
Pennsylvania Pension Funds May Be Subject to ReviewHARRISBURG, Pa. (HedgeWorld.com)--After more than two years of squabbling, the Pennsylvania Auditor General's office has won permission to conduct performance audits on the Pennsylvania State Employees' Retirement System. The pension fund case went all the way to the Commonwealth Court of Pennsylvania, which in a 6-to-1 ruling said that Auditor...
October 26, 2004
Nationwide Net Income RisesNationwide Financial Services, Inc. reports 3rd quarter net income of $136.4 million, compared with year-earlier net income of $125.6 million.[@@]
October 26, 2004
Legal Analysis Highlights Need for Clarity in SEC's Hedge Fund RuleNEW YORK (HedgeWorld.com)--Attorneys with the American Bar Association and officials at the Managed Funds Association have challenged key provisions of the SEC's proposal to regulate the hedge fund industry and have argued that some of the proposed rules would actually contradict the SEC's own current interpretation of existing regulations. "The...
October 26, 2004
Fund in Focus: Ave Maria Growth FundJim Bashaw, manager since May 2003 S&P Rank: Not Ranked Fundamentals of Faith and Investing