Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
Survey: Number Of U.S. Millionaire Households Rebounds
By Staff WriterNU Online News Service, Sept. 30, 2003, 12:524 p.m. EDT -- The number of U.S. households with more than $1 million in investable assets ...
September 29, 2003
SEC, Feds charge Two Pa. Men with FraudWILKES-BARRE, Pa. (HedgeWorld.com)--John F. Turant Jr. and Russ R. Luciano raised $4.5 million for two hedge funds they ran by promising more than 100 investors...
September 26, 2003
FASB Proposes New Rule On Cash-Balance PlansNU Online News Service, Sept. 26, 2003, 2:50 p.m. EDT -- The Financial Accounting Standards Board in Norwalk, Conn., says it will study how ...
September 22, 2003
Seligman Hires Outside Manager for Three FundsSept. 17, 2003 -- Seligman Funds has hired Wellington Asset Management Co. to run three international funds with about $182 million in assets. Wellington, a Boston-based...
September 22, 2003
Focus Investment Group Launching New NotesHAMILTON, Bermuda (HedgeWorld.com)--Focus Investment Group is planning a new issuance of principal protected notes that will be guaranteed by Barclays Capital. Barclays Bank PLC will guarantee...
September 22, 2003
Exchange-Traded Hedge Fund Indexes Next StepNEW YORK (HedgeWorld.com)--Now that several investable hedge fund indexes have become available, exchange-traded vehicles that track such measures might not be far off, despite the...
September 22, 2003
MAR Moves Hedge Fund Conference to Miami in NovembNEW YORK (HedgeWorld.com)--For the first time in its 10-year history, MAR's annual hedge fund conference won't be in Bermuda. Damage to the Fairmont Southampton Hotel, caused...
September 15, 2003
Magnum Assists in Two Fund LaunchesMIAMI (HedgeWorld.com)--Magnum Global Investments invested in and is sponsoring two new hedge funds, adding to its US$300 million hedge fund lineup. Magnum, which invested in the...