NEW YORK -- On July 25, 2007, at a meeting of the Board of Trustees of Dreyfus High Yield Strategies Fund (NYSE: DHF), the Board approved the appointment of Karen Bater as co-primary portfolio manager for the Fund. Ms. Bater will co-manage the Fund with David Bowser, the Fund's current...
When a hedge fund or private equity fund manager (collectively, "private fund managers") decides to organize a new fund, perhaps the most relevant information that a potential investor could be presented with would be the past performance of the existing funds advised by the private fund manager or a track...
C. Kim Goodwin became a mutual fund manager because she was looking for objective and quantifiable results. She got what she was looking for. As the manager of the Prudential American Equity Fund (416-296-0777), Goodwin outperformed the benchmark S & P 500 of 35% in 1995 with gains of 47%...
NEW YORK -- On Wednesday, October 25, 2006, at a meeting of the Board of Trustees of Dreyfus High Yield Strategies Fund (NYSE: DHF), the Board approved the appointment of David Bowser as primary portfolio manager for the Fund. Kent J. Wosepka was also appointed as an additional portfolio manager...
Given the persistence of the star fund manager cult, it makes a refreshing change to come across a manager who few IFAs feel they know to any extent. Given the persistence of the star fund manager cult, it makes a refreshing change to come...
This article gives an overview about how to be a successful investor. For this you don't need a fortune to invest, years of experience, subscriptions to the best investing newsletters, and the time to read them. All you need is a good mutual fund manager. This article also gives the...
This article discusses that instead of the rise of funds-of-funds offering client’s greater access to the once-exclusive hedge fund world, risk remains. Advisers who want to venture deeper into the fund-of-funds pool must research not only the underlying funds and the skill and experience of their managers, but the skill...
The Securities and Exchange Commission SEC has adopted its proposed rules that will require many hedge fund managers to register as investment advisers under the Investment Advisers Act of 1940 the Advisers Act. A hedge fund manager to a 'private fund' will now be required to ôlook-through" the fund and...
Sean Maher submits: What would you think if you discovered your mutual fund manager had turned over his portfolio almost 3 times? No, not in a year, in a day. Every trading day for a month. At any long only institution I know, men in white coats would within days...
This paper investigates dynamically optimal risk-taking by an expected-utility maximizing manager of a hedge fund. The paper examines the effects of variations on a compensation structure that includes a percentage management fee, a performance incentive for exceeding a specified high water mark, and managerial ownership of fund shares. The paper...
Never mind ranking mutual funds while developing a scorecard for fund managers. The article talks about rating portfolio managers with alpha rankings. Alpha helps to measure whether a manager is adding value to a client's diversified portfolio. Alpha analysis enables to see the value added by a manager in relation...
This article focuses upon 20 things, which one should know before investing in a mutual fund. Some of these points include: Know the fund’s stated objective and how the fund plans to achieve, know the fund’s "style" of investing, know if the fund charges a front-end load, know the fund’s...
Feb. 15--The manager of Fidelity Investments' white-hot Aggressive Growth fund left the firm yesterday to start her own hedge fund. Feb. 15--The manager of Fidelity Investments' white-hot Aggressive Growth fund left the firm yesterday to start her own hedge fund.
In making the decision of mutual funds that are right for particular portfolio, it is easy to lose sight of the human element behind every fund. Behind every fund — even index portfolios — are real people who make countless decisions almost every day that affect your money. If one’s...
HARTFORD, Conn.--BUSINESS WIRE--Aug. 8, 1996--Phoenix Duff & Phelps recently announced the promotion of Mary E. Canning to the position of portfolio manager of the Phoenix Total Return Fund, a flexible asset allocation mutual fund with a 14-year track record.
KANSAS CITY, Mo. -- James Moffett, lead portfolio manager of the UMB Scout International Fund UMBWX and assistant portfolio managers Gary Anderson, Michael Fogarty and Michael Stack, have been named runners-up for the Morningstar 2007 International-Stock Fund Manager of the Year award. This year's achievement along with being a runner-up...
Mutual fund manager David Williams likes companies that are out of favor but undergoing fundamental change, and that are comparatively cheap. Williams is clearly on to something: His fund, Excelsior Value & Restructuring (800-446-1012), had, until 1998, outperformed the market five years in a row. Says Williams: "The market has...
A fund by any other name could violate the law A value fund was arrested yesterday and charged with impersonating a growth fund. Witnesses say they saw the fund manager buying stocks with price-earnings ratios above...
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