Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
New Firm Forms from Consultancy Partnership
By Staff WriterLONDON (HedgeWorld.com)--io Alternative Strategies has partnered with sister company PSolve Asset Solutions to create PSolve Alternative Investments, which will manage io Investors' funds of hedge funds. According to a statement, PSolve, a U.K. investment consultant group, saw greater demand for hedge funds and anticipated that a greater portion of returns...
October 04, 2004
Sensing Growing Interest, Norshield Adds to TeamMONTREAL (HedgeWorld.com)--In a nod to growing institutional interest in hedge funds, Norshield Financial Group hired Tristram Lett to help bring in even more business. Norshield named Mr. Lett a senior vice president, and his job will be to help the firm increase its market share in alternative products creation, research...
October 04, 2004
New Firm Gains RIA StatusBOSTON (HedgeWorld.com)--Tuckerbrook Alternative Investments LP has been granted approval to become a registered investment adviser by the Securities and Exchange Commission. The firm, founded by Jay Yoder, a former endowment manager, officially opened its doors earlier this month (see Previous HedgeWorld Story). The company will offer three alternative investment funds:...
October 04, 2004
Proposed Legislation Could Lose Hedge Funds 'Deemed' InvestmentsSome nonqualified deferred compensation plans permit the plan's participants to have a "deemed" investment in a hedge fund. Sponsors of such nonqualified deferred compensation plans often invest in the hedge fund to avoid having an unhedged obligation to the plan's participants. Both the House of Representatives and the Senate have...
October 01, 2004
Are Hedge Funds Worth It?In a rebounding stock market, hedge funds may not be the first to benefit, but in the long run they are certainly worthwhile, according to...
October 01, 2004
Putnam Equity Income Fund800-225-1581 o www.putnaminv.com Ticker: PEYAX Manager: Bartlett R. Geer Manager's tenure: 4 years Fund started: June 15, 1977 Min. initial investment: $500 Load (front-end): 5.25% 12(b)-1 fee: 0.25% Net assets: $3.19 billion P/E ratio:...
September 27, 2004
New Fund to Rise in ScotlandSTIRLING, Scotland (HedgeWorld.com)--Airthrey Capital is starting a new hedge fund with a trading focus on volatility of exchange-traded index options. Callum Campbell, founder and managing director of the fund, wants to launch the fund within a year and currently is recruiting staff, raising capital and working to gain FSA approval,...
September 27, 2004
Dow Jones Adds to Index LineupNEW YORK (HedgeWorld.com)-Dow Jones Indexes has announced plans to expand its hedge fund indexes to include a long/short equity specialty index. The Dow Jones Hedge Fund Indexes in early October will add the Dow Jones Hedge Fund Strategy Benchmark Equity Long/Short (U.S.) index to its stable. According to a statement...