Alternative Investments
The latest news and developments about alternative investments and how they can help boost portfolio performance and reduce risk
Former Commerzbank Executives Start Hedge Fund Business
By Staff WriterNEW YORK (HedgeWorld.com)--Mark Richardson, global head of derivatives at Commerzbank Securities, has joined Mehmet Dalman, former head of Commerzbank Global Equities, in building a new hedge fund-oriented asset management firm, London-headquartered WMG. Started in October, WMG is conceived as a broad-scope service provider to high-net-worth individuals, private banks and investment...
November 11, 2004
MFS Executives Praise Value Stocks, Pan Hedge FundsThe outlook for the economy is good, but the outlook for hedge funds is not so good.[@@]Robert Manning, chief executive officer of Massachusetts Financial ...
November 10, 2004
Bagnard To Hire, Manage Western WholesalersNU Online News Service, Nov. 10, 2004, 4:23 p.m. ESTLincoln Financial Distributors Inc., Pacific Palisades, Calif., is building up sales management at its American ...
November 09, 2004
Altin Continues Effort to Keep Stock Price in Line with NAVNEW YORK (HedgeWorld.com)--Citing its strong returns for the first nine months of the year, Altin AG, a closed-end fund of funds listed on the London and Switzerland stock exchanges, described its current share price as unjustifiably low in relation to net asset value and the quality of its investments. ...
November 09, 2004
Labyrinth Teams Up with SAMCOMINNEAPOLIS (HedgeWorld.com)--Labyrinth Group LLC has reached an agreement with SAMCO Capital Markets to provide SAMCO and its clients access to Labyrinth's fund of funds. The Labyrinth...
November 09, 2004
Dow Jones Launches Long/Short U.S. BenchmarkNEW YORK (HedgeWorld.com)--Dow Jones Hedge Fund Indexes Inc. on Tuesday [Nov. 2] began publishing its new long/short U.S. equity hedge fund benchmark, the Dow Jones Hedge Fund Equity Long/Short U.S. Strategy Benchmark. The new benchmark is the sixth hedge fund index to be assembled by Dow Jones. The other five...
November 09, 2004
S&P Index Shows Third Straight Positive Month for Hedge FundsNEW YORK (HedgeWorld.com)--Hedge fund managers active in directional and event-driven strategies led the S&P Hedge Fund Index to post a gain of 0.72% for October. The gain signals a slight comeback for the index, which has been posting small gains over the last three months after a slump earlier in...
November 09, 2004
Hedge Fund Services Unit Launched at BearingPointMcLEAN, Va. (HedgeWorld.com)--With former Capco executives at the helm, BearingPoint Inc. unveiled its hedge fund service unit, which will focus on due diligence and valuation...