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Hedge funds are increasingly trying to attract assets from institutional investors, and in their quest to do so more funds are implementing 130/30 strategies, traditionally a long-only product, according to Investment Dealers' Digest, IMW's sister publication.
February 25 -
Some people have compared playing the stock market to horseracing, which would suggest that being a winner calls for either praying hard and often or studying the stock tables closely. Marek Fludzinski, founder and CEO of Thales Fund Management, said a better idea is to study physics.
February 25 -
MIAMI - Asset managers have been looking to complex trading strategies such as 130/30 funds to create additional alpha, but experts stress that investors should be careful to fully understand these products, and use them carefully.
February 25 -
Some of the municipal bond market's biggest insurers are making significant changes in leadership and structure in efforts to address their current problems stemming from exposure to subprime mortgage-backed securities.
February 25 -
Franklin Resources of San Mateo, Calif., has agreed to acquire a 49% majority stake in Vietcombank Fund Management, the Hanoi, Vietnam-based private equity investment division of Vietcombank. Franklin, parent of Franklin Templeton, currently manages more than $605 billion.
February 25 -
MIAMI-Gary Palmer, chief executive of the Irish Funds Association, led a panel discussion at the National Investment Company Services Association's 26th Annual Conference & Expo here earlier this week, questioning the viability of small asset managers.
February 25 -
The Board of Directors of The Vanguard Group has elected F. William McNabb III as its new president and director, effective March 1.
February 22 -
The Supreme Court has ruled that participants in 401(k) retirement plans can sue their providers for losses if their instructions are ignored or their account is mismanaged.
February 22 -
The U.S. economy is like a zebra that has stumbled into a spot of quicksand. The more it struggles, the faster it will sink, but if the zebra can be patient, help may come along sooner than it knows.
February 22
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The Bush Administration and the Congress may bail out the nearly 8.8 million people whose mortgages have ballooned due to the subprime crisis.
February 22