Asset Managers
The latest news on top asset managers, including updates on mergers and acquisitions, as well as new investment strategies and fund offerings.
Closing Set for Preferred International Value Fund
By Staff WriterThe closing is aimed at keeping the fund from getting too big to be manageable, said Peter Spano, its portfolio manager. The fund currently has...
October 12, 2004
CSFB/Tremont Introduces Investable Sector IndexesNEW YORK (HedgeWorld.com)--CSFB/Tremont* Index LLC launched 10 investable hedge fund indexes corresponding to the strategy components of the benchmark. An investable version of the overall index was started last year. Managers have been added to each sector to expand and deepen its coverage. Due to that, "An investor can use...
October 04, 2004
CDS Provider Primus Prices Its IPO, to List on NYSEHAMILTON, Bermuda (HedgeWorld.com)--Primus Guaranty Ltd., a provider of credit risk protection to derivatives dealers and portfolio managers, priced its initial public offering at US$13.50. The company sold 9.1 million shares, and certain existing shareholders sold 1.2 million for a total offering of US$139.7 million. Primus shares will be listed on...
October 01, 2004
Using Custom ToolsThis talk about custom-tailoring solutions is all well and good, but an obvious objection may be forming in your head. It all sounds great, you...
September 27, 2004
Van Kampen Closes High Yield Muni FundSept. 24, 2004 -- The Van Kampen High Yield Municipal/A (ACTHX) will close to new investors on Tuesday to keep its assets from increasing to...
September 17, 2004
AIMA Releases Updated Due Diligence QuestionnairesThe Alternative Investment Management Association is releasing improved due diligence questionnaires to aid its membership in selecting managers and service providers.
September 10, 2004
There's a Bear in This Election: The Affluent InvestorCHICAGO (HedgeWorld.com)--The Spectrem Group reported that its Spectrem Affluent Investor Index dropped in August to its lowest level since February on concerns about the U.S. presidential election and higher fuel prices. The index measures the bullish or bearish sentiments of U.S. households with US$500,000 or more in investment assets. This...