Tuesday, 29 July 2014
Last updated 13 hours 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…