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| Alternative alternatives |
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| Written by Robert Koller |
| Tuesday, 26 August 2008 13:46 |
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Image via Wikipedia Investing in a socially responsible fund, such as Living Planet Fund Management Company which was set up by WWF International can be positive, although not stellar. Until June the fund that follows a global equity strategy and then selects the promising stocks according to their environmental record returned 25,6% since inception in 2003. A geographic breakdown of its investments shows that the greenest investments are in Germany, the US and Switzerland.(Story at EurkeaHedge) Stellar returns When screening through the upcoming investment conferences I spotted a rather interesting one: If you are into really alternative alternatives and also have a crush on esoteric investing, you should go to the Astrologers Fund Fall Investment Conference in New York. The motto is accurate for a fund taking its investment decisions based on astrological advice When you reach for the stars, good things happen. If I had known that before, I wouldnt have studied for my CAIA exams and would have stuck with newspapers horoscope!(AFund) Peculiar ratings Have you wondered what the rating agencies have been doing during the summer break. They were probably investigating the next big thing: Marquee Capital aims to amass the world's largest portfolio of investment-grade Madonna and non-Madonna memorabilia. The company owns more than 125 Madonna items, including the 1985 Material Girl dress and the 1986 Open Your Heart gold-tasseled bustier, its Web site said. The world is awaiting with curiosity the relevant rating scale.(Storry at Bloomberg) www.HedgeFund-Lawyer.com |
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