Altvest Enters Institutional Markets With Altvest Connect.Business Editors NEW YORK--(BUSINESS WIRE)--April 25, 2000 Product launches as free offer Altvest, the Internet's first and leading source of information on hedge funds hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" , announced today the launch of Altvest Connect. Available to qualified users who register for Altvest, Altvest Connect is an online data source providing information, including fund performance and manager/contact information, for more than 1,600 hedge funds. Altvest Connect includes a multi-tiered search feature, and offers users access to the Request-for-Proposal (RFP (Request For Proposal) A document that invites a vendor to submit a bid for hardware, software and/or services. It may provide a general or very detailed specification of the system. 1. (business) RFP - Request for Proposal. 2. ) site available on Altvest Forum. Altvest Connect will retail at $1,200 annually, but for a limited time is being offered FREE to qualified users. "Altvest Connect introduces Altvest, and thus alternative investing, to institutional markets. This product was designed for people who need access to top of the line information on hedge funds," says Julie JULIE Joint Utility Locating Information for Excavators JULIE Jena University Language and Information Engineering (Germany) Silcox, Director of Marketing at Altvest. "Altvest Connect is ideal for institutional investors Institutional Investor A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions. such as pension funds and their consultants, foundations, endowments, private banks, and insurance companies." "Altvest Connect offers a researched and reliable introduction to the alternative investment community and we expect it to be a particularly powerful tool for those who are interested in, but still relatively unfamiliar with hedge funds," added Howard Howard, English noble family. Landowners in Norfolk from the 13th cent., the Howards obtained the duchy of Norfolk through the marriage of Sir Robert Howard to Margaret Mowbray, daughter of Thomas Mowbray, 1st duke of Norfolk. Mason, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Altvest. "With Altvest Connect, new investors can begin making educated decisions. Institutional investors have expressed a need for information on hedge funds, including performance statistics, and we're fulfilling that need with Altvest Connect. The arena of potential hedge fund investors is expanding, and we're expanding with it by offering a range of products that serve individual needs." Founded in 1996, Altvest is the premiere Internet-based source for information about hedge funds. Available only to qualified investors and their advisors, Altvest's database covers more than 1,600 hedge funds, including fund structure, investment style, portfolio exposure and monthly returns. Managers themselves contribute fund data over a secure Web site. Subscribing investors access the data and analyze it through their Web browsers The following is a list of web browsers. Historical Historically important browsers In order of release:
For more information on Altvest and hedge funds, please visit: www.altvest.com. |
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