A New York-based hedge fund manager traveled to Tehran to do scouting work. During a 10-day trip, he liked much of what he saw.
Mutual fund performance is similar to the performance of stocks, a Wharton professor contends. As a company matures and grows, more investors become aware of it, and its share price better reflects its prospects.
The multi-strategy hedge-fund manager with about $7 billion in assets is seeking to raise $500 million for its first private equity fund.
Goldman Sachs Group agreed to buy Imprint Capital Advisors, an asset-management firm that advises clients on investing based on their environmental, social and governance views.
Even though ETF assets in the U.S. have surpassed those of hedge funds, there are managers returning at least triple the return of U.S. stocks and beating bonds by more than 10 times.
Hedge fund managers now no longer have to hide behind their websites because they are free to advertise openly to investors who meet their investment requirements courtesy of President Obama's JOBS Act.
Stadion Money Management has found itself a new distribution partner.