05/23/2012
The firm will add foreign stock and bond strategies to its U.S.-based mutual-fund unit, open six more Luxembourg-based funds for offshore clients and wrest business from competitors, Niedermeyer said in an interview.
05/22/2012
Seventy-six percent of respondents have observed an increase in investment by pension funds since 2008, while institutional investors as a whole, including funds of funds, accounted for a clear majority (57 percent) of AUM.
05/10/2012
Indeed, based on a recent study conducted by the University of British Columbia, Queen’s University and Columbia University south of the border, hedge funds that invest in distressed U.S. companies actually have a positive influence on bankruptcy pr
05/09/2012
Last month, Wells announced that it would buy Merlin Securities, a prime brokerage and technology provider based in San Francisco and New York.
05/09/2012
GlobeOp Financial Services will launch an independent, asset-weighted hedge fund performance index on May 15, 2012.
05/08/2012
The Fund is no-load and, like the other stock funds in the Baird fund family, it has an .85% management fee. The expense ratio is 1.1% for the institutional class and 1.25% for the investor class.
05/02/2012
Revenues, excluding incentive fees, rose $4.5 million. Operating income before management fee was $31.2 million, a 30.7% increase from $23.9 million in the prior year period.
05/01/2012
Mr. Keitel views the recent correction in risky assets not as a reversal of fortune for the markets, but rather as a renewed buying opportunity in the coming weeks for investors, especially in light of what he believes are attractive valuations.