Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Event-Driven, Distressed Funds Lead DJ Index
By Staff WriterNEW YORK (HedgeWorld.com)--Dow Jones reports that event-driven strategies performed well in what was an uneventful year for the stock market in general. Both event-driven and distressed managers pulled through to each top 6% in 2005, according to Dow Jones Hedge Fund Index officials, doing slightly better than equities. The Dow...
December 06, 2005
SOA To Create Risk Manager CredentialThe Society of Actuaries plans to create a professional designation designed for actuaries who want jobs as corporate risk managers.[@@]The SOA, Schaumburg, Ill., says ...
November 21, 2005
MetLife Unveils VA Living Benefit RiderMetLife Inc. has introduced a guaranteed minimum accumulation benefit variable annuity contract option.[@@]The rider can protect principal and some asset growth for MetLife VA ...
November 21, 2005
Official Says Pension Rules Encourage UnderfundingA top strategist at the U.S. Securities and Exchange Commission says current U.S. defined benefit pension rules give employers an incentive to put in ...
November 16, 2005
How the Affluent Feel About Charitable Giving(and Their Wealth Generally)? More than half of high net worth individuals (53%) feel obligated to share their family's wealth with charitable causes, but ...
November 14, 2005
CalPERS Mulls the Short SideSACRAMENTO, Calif. (HedgeWorld.com)--Perhaps the latest investment policy proposal on the table at the California Public Employees' Retirement System will stand as Chief Investment Officer Mark Anson's parting legacy. Mr. Anson and his staff hope to include long/short equity managers in the US$196 billion pension fund's enhanced indexing program. If the...
November 14, 2005
Credit Strategies Still Attract InterestJudging by a recent capital introduction meeting in London, credit and emerging markets strategies retain sufficient attraction that investors want to hear from managers of such funds despite difficult conditions in the markets. Among the nine managers who presented to investors at this event, three have credit-related strategies, according to...
November 01, 2005
Catching Up With . . . Quincy Krosby of The HartfordAgainst a backdrop of economic uncertainty made worse by the second catastrophic hurricane to rip through the Gulf of Mexico and hit the oil and...