Sunday, 29 November 2015
Last updated 1 day 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…