Wednesday, 1 October 2014
Last updated 12 hours ago
Aug 26 2011 | 9:48am ET
Touchstone Investments has launched a merger arbitrage mutual fund, managed by Longfellow Investment Management.
"Volatile equity markets and an uncertain interest rate path have prompted many investors to embrace alternative sources of investment returns. The Touchstone Merger Arbitrage Fund represents one such alternative for investors seeking low-correlated returns to traditional stocks and bonds," Steven Graziano, president of Touchstone Investments, said. "We are pleased to offer Longfellow's merger arbitrage investment expertise as a mutual fund."
Longfellow already serves as sub-adviser to Touchstone's Short Duration Fixed Income Fund.
Cincinnati-based Touchstone said the merger arbitrage vehicle will be offered in several share classes. It will be managed by Longellow's Barbara McKenna, David Seeley, Alexander Graham and Andrew Shafter.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...