Manulife Financial Corp. is reassuring clients of advisors licensed by subsidiary Manulife Securities International Ltd. that it will guarantee the recovery of 100% of their principal invested in products of Portus Alternative Asset Management Inc. In an open letter to clients Thursday, president and CEO Dominic D’Alessandro said he is leading a senior executive team […]
Notes linked to funds of hedge funds
Fund to integrate five strategies
CC&L’s Jang to manage new fund
Conservative asset allocations and aging workforces that will continue to increase liabilities, says Greenwich
Seeks comment on IPO reforms
Hedge fund sales materials included unsubstantiated claims, inadequate risk disclosure
Linder to continue relationship with oil and gas hedge fund advisor
Notes linked to the hedge fund index
The Securities and Exchange Commission has voted, in a split decision, to propose a controversial new rule requiring hedge fund advisors to register.The decision was nominally along party lines, with SEC chairman Bill Donaldson siding with the so-called Democratic commissioners in a three-to-two decision in favour of the new rule. The split decision highlights the […]