Legitimate questions can and should be asked about how an underwriting business is best integrated within a larger alternative fund management business.
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Emergent's Alternative fund, which invests mostly in currencies and emerging-market debt, returned 75% last year (after fees) and 15% annually over the past decade, the firm says.
The company launched four funds earlier this summer called the Rydex SGI Event Driven and Distressed Strategies Fund, the Long Short Interest Rate Strategy Fund, the Long Short Equity Fund and the Alternative Strategies Fund.
But when it comes to fund managers, the European Union, via its Alternative Investment Fund Managers directive, is planning to stick its oar in.
The Compass EMP Fund has three mutual funds, but talking about the Alternative Strategies Fund in particular, there are no traditional-what we call long-only-stock or bonds in the portfolio.
The Alternative Strategies Fund focuses on a stock hedging asset class, or a stock long-short.
So our commodity portfolio is a lot less volatile than other commodity portfolios, in the Alternative Strategies Fund.
The Compass EMP Alternative Strategies Fund has no traditional US stock, international stock, or US bond that you sit and allocate hoping to make money.
Of course, there is a necessary element of market risk here: every bad outcome suffered by an alternative investment fund is not necessarily proof of incompetence or malfeasance.
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Plans to place hedge funds under the same pay regulations as banks were first unveiled in November last year, as part of the EU's controversial Alternative Investment Fund Managers directive.
In an effort to demonstrate Asian solidarity, a hunt was instigated for a regional alternative to the fund.
Ultimately, they prefer a completely new and alternative way to fund their endeavors.
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Interestingly, the SEC just announced the increasing use of alternative and hedge fund strategies by mutual funds, ETFs and variable annuities as a new and emerging risk.
The money from rescinded oil and gas tax breaks would fund alternative and renewable fuel initiatives--and subsidies wouldn't be as generous in a stripped-down version of the bill.
Only if we sufficiently fund alternative energy research now.
Likewise it is stupid to direct federal royalities away from the U.S. Treasury into a dedicated slush fund for alternative energy research.
French President Jacques Chirac took up the cause, and last month six countries petitioned the European Union to fund an alternative library scanning initiative.
The asset management division provides retail investors with a full range of mutual fund and alternative investment products, and institutional clients with a fully integrated asset management offering.
Such a portfolio would be an alternative not to a stock fund but to a money market fund.
Another proposal involves revoking a tax break for oil firms, with the proceeds going to fund research into alternative energy.
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Wallman has a patent on an alternative: an intelligent index fund that tracks the collective portfolio decisions of several thousand individual investors.
Several weeks ago I wrote about alternative lending as a way to fund a small business.
Barry Gonder, head of Calpers' alternative investments program, says the fund was impressed with the star power on the Weisel fund's advisory board.
But there is absolutely no reason why we need a dedicated Energy Security Trust to fund the national labs, or to fund any kind of alternative energy research.
We are trying to create a reasonable alternative to the standard emerging market mutual fund product.
An alternative to EWG is the New Germany Fund ( GF), a closed-end fund that invests primarily in small- and mid-cap German companies.
The GreenTech 21st Century Master Fund focused on companies engaged in alternative energy, clean technologies, environmental infrastructure and services, agricultural and natural resources.
But this might only partially mitigate the downside described above, given the high rate of return that State Street has previously seen in some of its alternative investments (including private equity and hedge fund investments).
But the local primary care trust (PCT) has refused to fund the drug and offered a cheaper alternative.
The National Association of Insurance Commissioners hired the advisory arm of PIMCO, a big fund manager, in 2009 to develop alternative risk-based capital requirements for the industry's holdings of residential mortgage securities.
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