Saturday, 25 October 2014
Last updated 1 day ago
Mar 3 2006 | 12:00am ET
Wachovia Alternative Strategies is following the lead of many large financial firms and expanding its hedge fund offerings at a dizzying pace. In recent months, the firm, which changed its name in December from Evergreen Alternative Strategies to Wachovia Alternative Strategies, has doubled the number of its hedge fund offerings, which now stand at 27.
According to Dan Flaherty, a spokesman for Wachovia, the firm currently has $1.2 billion in assets under management in its alternatives business. He declined to provide specifics about the new offerings.
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.