Monday, 4 May 2015
Last updated 2 days ago
Jan 7 2014 | 7:53am ET
Jackson, Mississippi-based Big River Capital Corporation is launching a managed accounts platform for institutional investors.
Big River CEO Bill Robertson says the platform is designed to compete with hedge funds, arguing managed accounts are the better investment vehicle.
In a statement announcing the launch, Robertson makes the case for managed accounts over hedge funds, arguing the former offer better protection against fraud, better liquidity, lower fees—the Big River Platform charges 20% of performance but no management fee—and greater transparency in addition to giving clients “complete control over their assets.”
The Big River funds include Big River Risk Managers, a fund of hedge funds launched on January 1, 2008; Big River Real-Estate Partners, a fund that invests in income-producing residential properties launched on June 1, 2009; and the Big River Report Portfolio, a dividend growth strategy with a trading overlay launched on January 1, 2012.
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…