The fund, which launched in 1993, is a long/short product that invests primarily in small-cap firms as well as those that are under-researched and under-valued. The fund has assets of roughly $22.5 million and requires a minimum investment of $250,000.
Peter Newell, Vontobel Asset Managements managing director, said that the partnership was an opportunity "to add a single-strategy manager with a clear investment process" to Vontobels hedge fund platform.
Amid a busy April for big hires, compliance tech provider COMPLY and wealthtech platform TIFIN have brought on industry vets Michael Stanton and Jeannette Kuda, respectively, aiming for strategic growth.
After a mixed quarter for the firm's wealth unit, CEO Ron Kruszewski predicted that the Fed may cut rates zero or just once or even hike them in 2024.
The U.S. Chamber of Commerce and other business groups contend the Federal Trade Commission has exceeded its authority in nullifying contracts that prohibit employees from switching jobs to competitors.
Retirement doesn't have to mean scrimping and saving. Here are five parts of the country where seniors are living large in their golden years.
Advisor360° names former MassMutual exec Mike Fanning as its new CEO
