Sunday, 28 December 2014
Last updated 3 days 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.