Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
Donaldson: Lawyers Need to Promote Hedge Fund Ethics
By Staff WriterThe U.S. Securities and Exchange Commission so far has collected US$1.4 billion in disgorgement and US$1 billion in penalties in mutual fund trading scandals, and SEC Chairman William Donaldson is on a mission to boost ethical investment practices.
March 07, 2005
Gartmore Adds U.S. Sales PositionCONSHOHOCKEN, Pa. (HedgeWorld.com)--Gartmore Group added to its U.S. sales staff by hiring John Early as vice president of U.S. institutional and alternative investment sales. In a news release, Gartmore officials said Mr. Early will concentrate on marketing Gartmore to foundations and endowments, family offices and funds of funds. He will...
March 07, 2005
Diamond: Purchase of Sun World's Assets CompleteLAKE FOREST, Ill. (HedgeWorld.com)--A distressed-debt private equity fund manager, Black Diamond Capital Management LLC, announced that it has acquired substantially all of the assets of a Californian agricultural company, Sun World International Inc., for US$127.75 million. This is the consummation of a deal sealed by an auction Jan. 13, 2005,...
March 02, 2005
Penn Treaty Joins Connecticut Partnership ProgramNU Online News Service, March 2, 2005, 2:55 p.m. ESTAn Allentown, Pa., long term care insurer hopes to increase sales in the Northeast.[@@]The insurer, ...
March 01, 2005
Fraternal Reaches $2.5 Million Relief GoalNU Online News Service, March 1, 2005, 3:33 p.m. ESTThrivent Financial for Lutherans, Minneapolis, has raised a total of $7.5 million to help victims ...
March 01, 2005
Global Macro and CTAs Attract AssetsAs advisors become more sophisticated applying non-correlated hedge fund strategies, those who adopt a core-satellite portfolio approach to their absolute return allocations are demonstrating increased...
March 01, 2005
Sharing the BurdenInstead of trying to make your new associates marketing people, include them in the delivery of your services, using their technical skills to work with...
February 28, 2005
Study: 500 New Funds Launched Last Year, But Survival Getting TougherNEW YORK (HedgeWorld.com) -- A survey by Tabb Group puts the number of hedge funds at 8,600 and total industry assets at US$930 billion. While the asset amount is below the US$1 trillion found by other studies, the number of funds is higher than the often-quoted 7,000. Tabb Group, based...