Saturday, 25 October 2014
Last updated 1 day ago
Aug 13 2008 | 1:00am ET
Morningstar Inc. is expanding its hedge fund ratings to funds of hedge funds.
The Chicago-based investment research firm is bringing its famous star ratings to funds of funds, six months after rolling out ratings for single-manager funds. The fund of funds ratings are expected to be available by the end of the year, Investment News reports.
Morningstar divides hedge funds into 17 categories. Funds of funds will be divided into six to nine categories.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.