Saturday, 23 May 2015
Last updated 22 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…