Mutual funds are a very popular investment for retail investors. They package the investment management skills of professional money managers in an economical manner for smaller amounts. Their current popularity has increased to the point where they are starting to replace traditional savings instruments like bank and trust deposits and...
Say you are reading the paper and you notice that a certain fund will be closing its doors to new investors by the end of the current business day. What exactly does this mean? Whether you have an investment in the fund or are considering investing in it, read on...
Investment Adviser: Could you describe the remit of the Fidelity Global Focus fund and your investment strategy? Investment Adviser: Could you describe the remit of the Fidelity Global Focus fund and your investment strategy?
NEW YORK--BUSINESS WIRE--S&P's CreditWire 9/3/98--Standard & Poor's today assigned its triple-'Af' bond fund credit rating to PRS Captive Investment Fund Limited, an offshore fixed-income fund offered by PRS Management Enterprises Inc. to professional investors.
NEW YORK -- Morgan Stanley (NYSE: MWD) announced today that its Investment Management division MSIM has hired Hans van den Berg and David Sugimoto, portfolio managers of the 1838 International Equity Fund INTEX, an international growth fund. In addition, MSIM has become the interim investment adviser to the Fund.
CPP Investment Board, the investment management organization that invests Canada's national pension fund assets announced today that it has committed EUR 400 million to the ProLogis European Fund II PEPF II which focuses on acquiring and managing a diversified portfolio of core institutional-quality distribution facilities in Europe. The CPP Investment...
This article discusses about managed futures as an investment choice. Investment in managed futures is spiraling higher as hedge fund managers seek out the high returns logged by the sector in recent years, Experienced hedge fund investors and "fund of fund" managers are parking more money in managed futures as...
HARTFORD, Conn. -- Phoenix Investment Partners, Ltd., the asset management subsidiary of The Phoenix Companies, Inc. (NYSE: PNX), today announced the planned adoption of the Turner Strategic Growth Fund. If approved by shareholders, the Turner Strategic Growth Fund will be reorganized and renamed Phoenix Growth Opportunities Fund. Founding Portfolio Manager...
From the executive summary: ‘The money management industry has often been used as a laboratory for exploring issues of general interest in corporate finance. Although, much has been written about the return performance and investment styles of professional asset managers, the academic literature has devoted surprisingly little attention to the...
NEW YORK -- Morgan Stanley Investment Management ("MSIM") announced today that it has launched the Absolute Return Fund STS, an institutional-quality portfolio of hedge funds for special tax status investors, namely, tax-exempt and tax-deferred individual investors and smaller institutional clients. Expanding on the April 2006 launch of the Alternative Investment...
Mutual funds are financial investments called "securities" which can be bought and sold, they are regulated by governments. Mutual funds are established by fund sponsors, who are usually the fund management company. They go through the legal work of having a fund approved and make the initial investments in the...
With an increasing interest by employee benefit plans in alternative investment opportunities, some private investment fund managers are exploring the implications of an increased ownership in their funds by Employee Retirement Income Security Act ERISA investors. The article, using the question and answer format, introduces certain key considerations when an...
The paper highlights that hedge fund techniques are increasingly forming part of the mainstream investment management process as manufacturers continue to recognize the need to offer investors solutions to their investment needs rather than simply new products. As a result, the use of hedge fund investment and risk management techniques...
Hedge fund databases vary as to the type of funds to include and in their classification scheme. Investment strategy and/or investment style are the basis of this classification. This study uses cluster analysis approach to classify hedge funds. The classification is based on asset class, size of hedge fund, incentive...
The Securities and Exchange Commission revised the rules restricting advertising by investment companies, and proposed relaxing the rules that govern investment companies’ ability to invest in other investment companies. Article explains Mutual Fund Advertising Rules that states that the revisions eliminate the requirement that advertisements subject to Rule 482 of...
* Aeltus Investment Management Inc. in Hartford, adviser to the Aetna Funds, has started the Aetna Technology Fund. The fund will be offered through ... * Aeltus Investment Management Inc. in Hartford, adviser to the Aetna Funds, has started the Aetna Technology Fund. The...
A mutual fund is a type of investment company that gathers assets from investors and collectively invests those assets in stocks, bonds, or money market instruments. Individuals and institutions invest in a mutual fund by purchasing shares issued by the fund. It is through these sales of shares that a...
BOSTON--BUSINESS WIRE--Nov. 3, 1998--Fidelity InvestmentsR today announced the opening of Fidelity Tax Managed Stock Fund. The new fund - the first Fidelity retail stock fund to be managed using a tax-sensitive investment strategy- will seek long-term growth by investing mainly in equity securities. In addition, the fund will attempt to...
"Bond fund" and "Income fund" are terms used to describe a type of investment company (mutual fund, closed-end fund, or Unit Investment Trust UIT) that invests primarily in bonds or other types of debt securities. Depending on its investment objectives and policies, a bond fund may concentrate its investments in...
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