Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
Third Avenue Names New Co-Managers for Two Funds
By Marlene Y. SatterThird Avenue Management, an investment advisor to private and institutional clients, announced Monday, September 13, that two of its funds, the Third Avenue Focused Credit Fund and the Third Avenue Real Estate Value Fund, will now have new co-managers.
September 10, 2010
S&P Launches Equal-Weighted Version of Its S&P GSCIStandard & Poor's is launching an equal-weighted version of its popular S&P GSCI commodities index. Called the S&P GSCI Equal Weight Select Index, the new index comprises 14 commodities in the world production weighted S&P GSCI.
September 10, 2010
J.P. Morgan Funds Introduces Research Equity Long/Short FundJ.P. Morgan Funds, the mutual fund arm of JPMorgan Chase & Co., has launched the JP Morgan Research Equity Long/Short Fund, the company announced Friday, September 10.
September 10, 2010
NYSE Euronext Joint Venture Focuses on Sustainable Energy MarketNYSE Euronext (NYX) is expanding its focus on environmental and sustainable energy initiatives through a joint venture, NYSE Blue, with APX, Inc., the company announced Tuesday, September 7.
September 10, 2010
Senate to Explore Expansion of Covered Bonds in U.S.Christopher Dodd (D-Connecticut), Senate Banking, Housing and Urban Affairs Committee Chairman, plans to hold a hearing on Wednesday, September 15, to explore the possible expansion of covered bonds in the United States.
September 10, 2010
Bond Boom Good for PIMCO, But Not for Economy, says El-ErianThe bond group also plans more equity funds, as leaders Gross, El-Erian and McCulley give the Obama Administration policy prescriptions for turning the U.S. economy around.
September 10, 2010
Bond Boom Good for PIMCO, but Not for U.S. Economy, El-Erian SaysPIMCO'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 10, 2010
Sales tips from kidsI am always asked who the best salespeople are. The real answer is, in most cases, someone who is less than 3-feet tall: kids. Kids are the best salespeople on the planet because they are: