Tuesday, 31 March 2015
Last updated 16 hours ago
Jan 21 2009 | 2:53am ET
Scottish money manager SVM Asset Management is aiming to capitalize on the success of its long/short Saltaire Fund, which posted a double-digit return last year.
Edinburgh-based SVM is seeking regulatory approval for its U.K. Absolute Alpha Fund. If approved by the Financial Services Authority, the new fund will be managed by Colin McLean, who also runs Saltaire. The existing fund returned 19.7% last year.
Absolute Alpha will be a UCITS III-compliant offering. Hector Kilpatrick will serve as its deputy fund manager.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…