Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
Aon-Hewitt to Eliminate 1,500-Plus Jobs
By Mark E. RuquetAon Corp. said it plans to eliminate more than 1,500 jobs as part of its restructuring plan with the merger of Hewitt Associates.
October 13, 2010
Fidelity Family Office Services Adds Alternative Reporting CapabilitiesShared alternative assets can be accounted for daily, on a pro-rated ownership basis for family office clients.
October 08, 2010
Pershing Study: SMAs Can Help Hedge Funds Gather AssetsHedge funds that offer separately managed accounts (SMAs) may be more attractive to investors, according to a study from BNY Mellon's Pershing LLC.
October 08, 2010
Hennessee Index: Hedge Funds Surge by 3.5% in SeptemberThe Hennessee Hedge Fund Index advanced 3.5% in September, and is up 4.7% year to date, Hennessee Group LLC announced Thursday.
October 06, 2010
Treasury: AIG Aid Working Out WellThe Treasury Department says it expects the total cost of Troubled Asset Relief Program aid to American International Group Inc. and other federal aid to AIG to be about $30 billion.
October 06, 2010
ADP: 39,000 Jobs Lost in September; Challenger Says Downsizing Is FlatPrivate-sector employment fell by 39,000 from August to September on a seasonally adjusted basis, according to the payroll company ADP's national employment report released Wednesday.
October 05, 2010
REITs: As Good as Gold?While it's true that gold is topping $1,340 an ounce and housing sales remain weak, some real-estate funds are outperforming their metal-based rivals.
October 05, 2010
REITs Outshine Equities in First Nine Months of 2010Third quarter REIT performance from NAREIT showed that U.S. REITs considerably outperformed the broader equity market in the first nine months of 2010.