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...Spectra, meanwhile, is an eye colour that at first appears one shade, but transforms into a bright, reflective silver under a camera’s flash – so it looks incredible in photos....
...Among them are ETF debuts from managers including Putnam Investments, Harbor Funds, Alger and Gabelli, as well as the first active ETFs from Nuveen and BNY Mellon....
...The new entrants include Putnam, Alger and Gabelli Funds, which each made their ETF debut using a non-transparent methodology, which shields an ETF’s portfolio from the wider market, thereby allowing active...
...Both Spectra and All Grade have been given a caveat emptor flag by OTC Markets. Kouletas did not respond to a request for comment....
...Managers that are planning to enter the ETF game for the first time include Fred Alger Management, which recently announced plans to launch two non-transparent products....
...“Wall Street isn’t a mirror of Main Street,” said Brad Neuman, director of market strategy for Alger, a New York fund manager....
...Brad Neuman, director of market strategy for Alger, a New York fund manager, said the new market peak reflects a “record divergence between winners and losers” benefiting big tech groups that dominate the...
...After the dotcom bust, Dan Chung, chief investment officer for Alger, a tech-focused fund manager based in New York, was desperate for hot stocks to fire up his portfolios....
...Ankur Crawford, portfolio manager at Alger in New York “We believe US equity markets should enjoy another positive year in 2020, somewhere between 7 to 10 per cent at some point during the year, due to...
...Peter Latara has also arrived at Jennison Associates as a relationship manager after 15 years with Fred Alger Management....
...Among funds based on US smaller companies, the best performer went to the $2.1bn Fred Alger Small Cap Focus fund run by Amy Zhang, which delivered 14.1 per cent....
...“There are fantastic businesses that will be the beneficiaries of the industrial revolution 4.0, but some will benefit more than others,” says Ankur Crawford, a portfolio manager with Alger, the fund group...
...That’s about the same price as Picasso’s Les Femmes d’Alger was sold for in 2015, setting an auction record at the time....
...Gregory Jones and Pragna Shere will run the Alger International Growth and Alger Global Growth strategies. Both previously worked for California-based Redwood Investments....
Moves to acquire affiliated master limited partnerships follow tax changes and rate rises
..., a growth-oriented fund manager in New York....
...“You do not have to go looking for Alger Hiss in this pumpkin.”...
...Elsewhere on Thursday, – Jonathan Alger with some more qs for Draghi....
...Greg Ebel, Spectra’s chief executive, said the strength of the combined company would “support a large capital programme to fund the continued development of Spectra Energy’s existing, pre-eminent project...
...Shirley Turner, a New Jersey state senator, warns that the line would cross open space preserved with taxpayer funds....
...The legislation funds the entire expansion from 2014-16, and then reduces the proportion to 90 per cent by 2020....
...The anonymous buyer who paid $179m for Picasso’s Les femmes d’Alger at least has the comfort that the painter is no longer composing, so to speak, and that the supply of Picassos, while considerable, is...
...● Fred Alger Management, the $21.5bn investment adviser, is offering non-US investors access to two of its investment strategies via sub-funds to the Alger SICAV, a Luxembourg vehicle....
...Chinese billionaires, some advised by Xin Li, rival American hedge-fund managers and Middle Eastern families as avid collectors....
...Artemus aims to attract moneyed individuals and corporations — its website targets media companies, hedge funds, law firms and banks....
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