Sunday, 23 November 2014
Last updated 2 days 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.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...