Thursday, 30 July 2015
Last updated 2 hours ago
Jul 21 2006 | 5:35pm ET
Mutual fund research giant Morningstar is making a big push into the hedge fund arena, paying $10 million for InvestorForce's Altvest database. The Altvest index covers more than 2,700 hedge funds and 1,700 managers.
As part of the deal, Chicago-based Morningstar will also acquire the other parts of Wayne, Pa.-based InvestorForce's database division: its separate account database and online software programs for manager searches, research and reporting. InvestorForce will license Morningstar's hedge fund, mutual fund and separate account data for its Web-based pension consultant platform. The deal is expected to close in August.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…