TITLE

Muni Duo Rolls Out Alternative Asset Management Plans

AUTHOR(S)
Fine, Jacob
PUB. DATE
June 2003
SOURCE
Bond Buyer;6/18/2003, Vol. 344 Issue 31659, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on the registration of a firm formed by two top municipal bond professionals to implement alternative investment strategies in May 2003 by the name 1861 Capital Fund LP with the New York secretary of state's corporation division as of June 18, 2003. The fund will utilize sophisticated hedging and leveraging techniques. The move follows the formation of several municipal hedge funds by a number of prominent figures in the industry. Demand for these funds has been driven in part by investors who, hurt in the stock and corporate bond markets, are seeking a safe and stable alternative investment class capable of producing returns that may not be directly correlated to other types of investments. INSET: Muni Bond Alternative Investment Funds.
ACCESSION #
10112237

 

Related Articles

  • Muni Bond Funds: The Ups & Downs & Ins & Outs. Abramowitz, Pam // Bond Buyer;12/13/2001, Vol. 338 Issue 31284, p6 

    Presents information related to municipal bonds as of December 13, 2001. Apprehensions of investors regarding their portfolios; Advantages offered by municipal bonds to investors; Best time to buy municipal bonds according to financial experts.

  • Jackson count, Miss., GOs seen as hedge against shrinking supply, rate drop. Albano, Christine // Bond Buyer;05/07/98, Vol. 324 Issue 30388, p8 

    Reports that retail investors in the southeastern states of the United States are buying more uninsured bonds to hedge themselves against lower interest rates and decreasing supply. Value of Jackson County, Mississippi's general obligation port; Bonds rating by Moody's Investor Service and...

  • Municipals End Little Changed; Softer Tone in Shortened Session. Monsarrat, Sean // Bond Buyer;05/29/2001, Vol. 336 Issue 31148, p2 

    Reports on municipal bond activity in the United States on May 25, 2001. Focus of traditional investors on the primary while mixed secondary bidding pointed to divergent market opinions; Trend among retail investors and institutional buyers of focusing in the new-issue market.

  • ARTIE WU. Garcia, Erica // Money;Sep2002, Vol. 31 Issue 9, p94 

    Profiles Artie Wu, an investor who co-owns Vividence, a marketing-software company. Strategies of Wu in investing; Investment of Wu in equities and tax-free municipal bonds which expire on a rolling basis; Hedging strategy known as writing covered calls, in which Wu sells a contract which gives...

  • Muni Market's Red Carpet. Kumar, Ambika // Governing;Sep2002, Vol. 15 Issue 12, p70 

    Reports that investors in the U.S. are putting their money into municipal bond mutual funds for safety as of September 2002. Impact of corporate scandals on investors; Investor demand for municipal bonds; Information on municipal bond offering.

  • Cash Keeps Flowing Into Muni Funds. SEYMOUR, DAN // Bond Buyer;5/26/2009, Vol. 368 Issue 33120, p1 

    The article reports on the growth of investors investing in municipal bond mutual funds in the U.S. It was found that municipal funds recorded increased cash inflow of $1.13 billion from January-May 2009 and a rose in assets from $336.94 billion to $390.85 billion in December 2008. It was found...

  • Reconsidering Rates. Fine, Jacob // Bond Buyer;8/20/2004, Vol. 349 Issue 31952, p1 

    Reports on the alteration of the portfolios of leading investment managers in the U.S. Impact of the interest rates on the business plan; Investment into short bonds; Venture into 10-year municipal bonds.

  • Foundering Funds.  // Newsweek (Pacific Edition);7/4/2005 (Pacific Edition), Vol. 146 Issue 1, p5 

    The article mentions how a string of recent shutdowns at some high-profile hedge funds highlights the waning fortunes of the once trendy investment pools. Now, as performance sags, many investors are heading for the exits.

  • Foundering Funds.  // Newsweek (Atlantic Edition);7/4/2005 (Atlantic Edition), Vol. 146 Issue 1, p5 

    The article mentions how a string of recent shutdowns at some high-profile hedge funds highlights the waning fortunes of the once trendy investment pools. Now, as performance sags, many investors are heading for the exits.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics