Sunday, 29 March 2015
Last updated 2 days ago
Jun 12 2013 | 9:51am ET
Asset management giant Neuberger Berman Group has launched a new absolute return oriented long-only fund.
The Neuberger Berman Flexible Select Fund will invest in the best ideas from the firm's absolute-return-oriented stock teams, it said. Between 17 and 20 teams will be involved, overseen by an investment committee led by Joseph Amato, the firm's chief investment officer.
Flexible Select will focus on high tracking-error ideas. Primarily an equities fund, it will also invest in cash and bonds based on the asset allocations of its various teams.
The new fund is available to U.S. investors.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…