Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Mellon Buys DPM
By Staff WriterSOMERSET, N.J. (HedgeWorld.com)--Officials with Mellon Financial Corp.'s Asset Servicing group announced plans Tuesday to buy Derivatives Portfolio Management LLC, a hedge fund administrator that oversees...
January 04, 2005
Schwab Adds Third Managed Account OptionNU Online News Service, Jan. 4, 2005, 4:15 p.m. ESTA San Francisco company is offering independent advisors another way to hire it to oversee ...
January 04, 2005
CTA, Distressed and Emerging Markets Top Edhec IndexesNICE, France (HedgeWorld.com)--Not surprisingly, the Edhec Alternative Indexes, a summary of eight industry indexes, found that commodity trading advisers, distressed securities players and those investing in emerging markets are having a merry holiday season. The Edhec figures come as no surprise because such strategies have topped the indexes in recent...
January 04, 2005
Guardian Unit To Use ETFsNU Online News Service, Jan. 4, 2005, 4:10 p.m. ESTPark Avenue Securities L.L.C., New York, is basing a new asset-management program on Exchange Traded ...
December 20, 2004
AIM Small Cap Equity Fund ReopensDec. 15, 2004 -- The AIM Small Cap Equity Fund/A (SMEAX) reopened to new investors this week after being closed for a year. As a result...
December 10, 2004
Vanguard Closes Energy FundDec. 10, 2004 -- Vanguard Group closed the Vanguard Energy Fund (VGENX) to new investors yesterday to stem the amount of money flooding into the...
December 08, 2004
Pru Keeps 401(k) Plan And Pension PlanNU Online News Service, Dec. 8, 2004, 4:33 p.m. ESTA Newark, N.J., insurer says it has renewed retirement services contracts with 2 midsize employers.[@@]Prudential ...
December 06, 2004
Edhec Index Shows Distressed Securities Managers Leading the WayNICE, France (HedgeWorld.com)--Distressed securities hedge fund managers continued to post decent gains in October, leading all hedge fund strategies tracked by the Edhec Alternative Indexes, compiled and published by Edhec Business School's Risk and Asset Management Research Center. Despite a slip into negative territory in May and a relatively flat...