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First Investors' yields - which have been among the highest in the junk fund sector during the last four years - lured new investors into the company's $1.1 billion Fund for Income and $646 million High-Yield Bond Fund. "The current high yields have been the funds' primary objective and that comes as a result of taking somewhat higher risks in some cases," said Mr. Head.
Blair follows the steps of two former Conservative leaders into the lucrative hedge fund sector.
At £1.6bn, the positive investment market is just a fraction of the £8.6bn ethical fund sector.
If the money fund sector were to contract markedly, investors would have to find alternative places to park their cash.
In other words, don't expect to see this SWAT team bursting into the money fund sector anytime soon – even if President Obama wins re-election.
What is distinct about the Man Group is that it is publicly traded, a relatively rare phenomenon in the hedge fund sector.
Similar(30)
Sector by Sector Most fund sectors rose in the quarter, with real estate leading the way.
The major market averages rallied, buoying most mutual fund sectors along with them.
It has one of the deepest and most competitive fund sectors.
Sector by Sector All fund sectors had gains this quarter, with natural resources and precious metals leading the way.
There was much focus on fixed-income trading strategies, which have been among the hottest hedge fund sectors.
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CEO of Professional Science Editing for Scientists @ prosciediting.com