Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Advisors Bailed Out Of Tainted Funds: Cerulli
By Trevor ThomasFinancial advisors appear to have lost faith in mutual funds asset managers named in recent investigations, a new survey by Cerulli Associates Inc., Boston, finds. ...
January 24, 2005
Mellon Buys DPMSOMERSET, 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 24, 2005
Distressed a Top Performer in 2004, CSFB Index Up 9.64%NEW YORK (HedgeWorld.com)--Distressed managers charged ahead once again and finished the year as best performing sub-category of the CSFB/Tremont* Hedge Fund Index with a return of 13.62% for the year ended Dec. 31. The overall index closed out the year 9.64%. In December, the index was up 1.6%, while distressed...
January 12, 2005
Managers See Stronger Dollar for JanuaryGREENWICH, Conn. (HedgeWorld.com)--Hedge fund managers reversed their bearish view of the U.S. dollar this month, with 61% of those responding to a Van Hedge Fund Advisors survey predicting a January rally for the currency. With a number of economic analysts having forecast relatively strong 2005 performance for the U.S. economy...
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...