Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
Lender Scoops Up Agency Finance Firm
By Staff WriterBridge Finance L.L.C. has agreed to pay about $75 million for Oak Street Funding L.L.C.Bridge Finance, Chicago, is a commercial finance company that has provided ...
June 17, 2007
Our Edge As A HedgeEvery 4 years, we go through the excruciating ritual of electing a president, and the process gets murkier with each succeeding campaign. Despite the enormous ...
June 14, 2007
Money Manager Starts Alternative Energy FundCalvert Group Ltd. is trying to give advisors a new tool to capture the imaginations of clients who want to do well with their retirement ...
June 13, 2007
Hedge Fund Index up 6.84%Greenwich Alternative Investments released its monthly Hedge Fund Index on June 11, which showed a 2007 YTD return of 6.84%, and a monthly increase of 2.18% for May, compared to an 8.76% YTD increase for the S&P 500 (3.49% for May) and a 1.27% increase (-0.76% for May) for the...
June 06, 2007
No More Equity Research From Prurudential Financial is closing Prudential Equity Group, suspending that group's institutional equity research coverage immediately, and pulling the plug on the equity group's trading and sales arms in 13 cities.
June 06, 2007
Prudential Gets Out Of Equity BusinessPrudential Financial Inc. today announced the closing of its Prudential Equity Group unit, which has been selling and trading stocks and providing stock research for ...
June 01, 2007
Another Asset Class for AdvisorsOver the years, a number of alternative investments have become increasingly available to RIAs and their high-net-worth clientele. Hedge fund of funds burst into the scene about 15 years ago, followed by mutual funds that utilize a plethora of market neutral strategies. Private equity may well be the next piece...
June 01, 2007
Objections overruledConfronting client objections is a fundamental part of an advisor's job description. But sometimes, to serve a client's best interests, an advisor must go above and beyond the call of duty - and endure a bit of extra punishment - to defend a