Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
Bond Boom Good for PIMCO, but Not for U.S. Economy, El-Erian Says
By Janet LevauxPIMCO's CEO and Co-CIO Mohamed A. El-Erian says business at the bond shop is "booming," which is not a good sign for the U.S. economy, he told Bloomberg in a radio interview on Friday, September 10.
September 09, 2010
Finance-Sector IPO Pipeline Frozen in Place: Renaissance CapitalSince July 8, when Fortune Bank shelved its $360 million IPO, a total of 11 filings in the finance sector have not gone to market, according to data from Renaissance Capital. Those 11 filings are just a fraction of the total 168 IPOs that have stalled.
September 08, 2010
Goldman Sachs, Incapital Partner to Offer Municipals to Small InvestorsIn a deal announced Wednesday, September 8, Goldman Sachs and Incapital have joined forces to offer sales of municipal bonds to the man in the street, not the man on the Street.
September 08, 2010
Investment Performance Committee Seeks Comment on Standards RevisionsThe GIPS Executive Committee has just released three revised guidance statements--on real estate, private equity and verification--and is seeking comment on the proposed revisions, which are expected to go into effect on January 1, 2011.
September 08, 2010
Fed's Beige Book Confirms Slower GrowthBeige Book results, technically known as "Summary of Commentary on Current Economic Conditions by Federal Reserve District," released Wednesday, September 8, confirm slower economic growth on balance.
September 07, 2010
FCIC Heads West for Testimony in California, NevadaImpact of the recent crisis 'profound' for small communities.
September 07, 2010
SEC Charges Colorado Advisor With Fraud and Breach of Fiduciary DutyNeal Greenberg, an investment advisor based in Boulder, Colorado, was charged Tuesday, September 7, with fraud and the breach of fiduciary duty by the Securities and Exchange Commission (SEC).
September 03, 2010
FaithShares Advisors Launches Its First SMAFaithShares Advisors is expanding its investment portfolio with a highly customizable separately managed account (SMA), the firm announced Wednesday, September 1.