Tuesday, 22 July 2014
Last updated 7 hours ago
May 26 2010 | 9:52am ET
Mutual fund house Nuveen Investments is bringing a distressed debt hedge fund’s eye to retail investors. The Chicago-based firm has hired hedge fund Symphony Asset Management to subadvise its new credit opportunities fund.
The Nuveen Symphony Credit Opportunities Fund will invest in below-investment-grade bonds, loans and convertible securities, guided by San Francisco-based Symphony’s bottom-up analysis.
“At a time when robust and fundamental credit analysis is especially critical to constructing quality debt portfolios, we are pleased to bring this new Symphony strategy to retail mutual fund investors,” says Alan Brown, executive vice president at Nuveen.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…