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ETFS OCT 06, 2008
FundQuest and New Frontier offer ETF

FundQuest Inc. today announced a partnership with New Frontier Advisors LLC, a research and investment advisory firm, to offer exchange traded fund managed-account portfolios to financial advisers.

By Bloomberg
MUTUAL FUNDS OCT 05, 2008
First Eagle stars begin running their own funds

Two members of the team responsible for the success of the First Eagle Funds Group began running their own funds last week.

By David Hoffman
MUTUAL FUNDS OCT 05, 2008
Investments for the faint of heart

Launching a fund amid market turmoil may be a challenge, but one fund creator sees opportunity with a fund designed for the risk-averse.

By Bloomberg
MUTUAL FUNDS OCT 05, 2008
Advisers considering Shariah mutual funds

With stocks falling, credit tightening and the economy in a tailspin, mutual funds that comply with Shariah, or Islamic law, are becoming more appealing to some advisers.

By Bloomberg
MUTUAL FUNDS OCT 05, 2008
New Putnam CEO Reynolds gets off to strong start

Robert L. Reynolds, Putnam Investments' recently installed chief executive, has received high marks for decisive action to protect investors in an institutional money market fund awash in redemptions, but clients say they need more data points to judge his longer-term prospects for rebuilding the once highflying firm.

By Bloomberg
MUTUAL FUNDS OCT 05, 2008
Advisers to make funds transparent to avoid suits

Since the financial crisis shined a harsh light on the viability of stable-value and money market funds, advisers who counsel employers on their 401(k) plans are taking a closer look at these investments.

By Bloomberg
MUTUAL FUNDS OCT 05, 2008
Even the rich are worried about the state of Wall Street

High-net-worth clients aren't immune to having serious concerns about their finances because of the tumultuous economy, according to financial advisers.

By Bloomberg
ALTERNATIVES OCT 05, 2008
Short sellers cry foul on SEC ban

Hedge fund managers and other short sellers will have to continue to work around an emergency SEC rule that prohibits short selling of more than 800 banks and related financial companies — but the prospect of a permanent ban has the industry up in arms.

By Bloomberg
MUTUAL FUNDS OCT 05, 2008
Flight to Treasuries may spell disaster for investors

Investors fearing a market collapse are running into U.S. Treasuries, but they may soon rue the day they let fear dictate their investment decisions.

By Bloomberg
MUTUAL FUNDS OCT 05, 2008
Mutual funds prepare confidence-building ads

In the wake of plunging investor confidence, mutual fund firms have developed advertising messages that stress solidity.

By Bloomberg
ALTERNATIVES OCT 03, 2008
Website makes hedge fund research easier

Research on the often opaque hedge fund industry is about to get a little easier for qualified investors because of a new online platform.

By Bloomberg
MUTUAL FUNDS OCT 03, 2008
Reserve denies insider-trading charge

Reserve Management Co. denied claims of insider trading related to its Primary Fund in response to a lawsuit that Ameriprise Financial Inc. filed.

By Bloomberg
ALTERNATIVES OCT 03, 2008
September socks hedge fund performance

Hedge funds had their worst month in a decade in September because of short selling restrictions, the liquidity crunch and stock volatility.

By Bloomberg
MUTUAL FUNDS OCT 03, 2008
Schwab opts for guaranty program

All Schwab money market funds will participate in the temporary guaranty program for money funds announced by the Department of the Treasury on Sept. 19.

By Bloomberg
MUTUAL FUNDS OCT 02, 2008
Alger to co-manage Delaware fund

Delaware Management Holdings Inc. hired Fred Alger Management Inc. to manage part of its $900 million multimanager Optimum Large Cap Growth Fund (OILGX), beginning on Tuesday.

By Bloomberg
ALTERNATIVES OCT 01, 2008
Hedge industry grapples with short-selling ban

As the stock market continues its pattern of record-level volatility, the hedge fund industry stands perplexed over a targeted ban on short selling that was supposed to help the markets find some equilibrium.

By Bloomberg
ALTERNATIVES OCT 01, 2008
Equity REITS trounce markets

Equity real estate investment trusts continue to outperform the broader market in today’s volatile environment.

By Bloomberg
MUTUAL FUNDS OCT 01, 2008
Putnam joins money market guaranty program

“Putnam’s money market funds have maintained their $1 share price ... however the program is well worth the peace of mind we hope it provides investors,” Robert L. Reynolds, president and chief executive, said in a statement.

By Bloomberg
ALTERNATIVES OCT 01, 2008
Funds grudgingly comply with Form SH

Complying with a new rule known as Form SH, the first 1,700 money managers, mostly hedge funds, fell in line yesterday by filing their respective short positions with the Securities and Exchange Commission.

By Bloomberg
ALTERNATIVES OCT 01, 2008
Massive hedge fund redemptions feared

The $2 trillion hedge fund industry could be forced to unwind and liquidate major positions in an effort to meet what is expected to be above-average levels of investor redemption requests.

By Bloomberg