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According to the 2012 Natixis Global Asset Management U.S. Advisor survey, the global financial crisis and uncertain market recovery has accelerated interest in alternative investing.
May 16 -
The Dow Jones Industrial Average shaved off another 63.35 points to close at 12,632.00 Tuesday while the Nasdaq and S&P 500 lost 8.82 points and 7.69 points, respectively.
May 15 -
On MAy 15, 2012, The International Securities Exchange and AlphaClone LLC, a provider of hedge fund position replication, announced their partnership to promote AlphaClone's innovative hedge fund position replication index, the AlphaClone Hedge Fund Long/Short Index.
May 15 -
The companies, based in Fort Lauderdale and San Francisco respectively, have been fighting an uphill battles against larger competitors. They said in a press release Tuesday that the merger will create a firm, with the scale and resources to provide an alternative for independent investors.
May 15 -
On May 15, 2012, a new Cerulli report says 70% of retail asset managers consider alternative products to be as important as or more important than other initiatives.
May 15 -
On May 15, 2012, Joe Mansueto of Morningstar promoted a former analyst to head the firm's data unit.
May 15 -
On May 15, 2012, UniCredit, the parent company of Pioneer Investments, appointed Sandro Pierri as the new Head of Asset Management.
May 15 -
On May 15, 2012, Nuveen reopened two 4-Star funds to new investors.
May 15 -
On May 15, 2012, Hatteras Funds added Thomas Riegert as an associate, portfolio management.
May 15 -
Legacy expert attorneys Danielle and Andy Mayoras say advisors can point to the bigamy scandal surrounding actress Reese Witherspoons family as yet another example of why its so important for clients to have their estate planning and legal affairs in order.
May 15
