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Galvin Targets Alt Mutual Fund Sales With Exam Sweep

TedTed
edited July 2015 in Fund Discussions
FYI: Massachusetts has subpoenaed state-registered advisors on their supervision, compliance and training regarding a host of alt funds
Regards,
Ted
http://www.thinkadvisor.com/2015/07/15/galvin-targets-alt-mutual-fund-sales-with-exam-swe?t=mutual-funds

InvestmentNews Slant;
http://www.investmentnews.com/article/20150715/FREE/150719950?template=printart

Comments

  • The alternative mutual funds Galvin is seeking more information from advisors on are:

    AQR Multi-Strategy Alternative Fund
    Arden Alternative Strategies Fund
    BlackRock Multi-Manager Alternative Strategies Fund
    Blackstone Alternative Multi-Manager Fund
    Blackstone Alternative Multi-Strategy Fund
    Collins Alternative Solutions Fund
    Franklin K2 Alternative Strategies Fund
    Guggenheim Series Multi-Hedge Strategies Fund
    GuidePath Altegris Diversified Alternatives Allocation Fund
    Hatteras Alpha Hedged Strategies Fund
    Hatteras Alpha Hedged Strategies Variable Fund
    IQ Hedge Multi-Strategy Plus Fund
    JPMorgan Multi-Manager Alternatives Fund
    New Century Alternative Strategies Portfolio
    Global Multi-Strategy Fund (Principal Funds)
    Ramius Hedged Alpha Fund
    Russell Multi-Strategy Alternative Fund
    Transamerica Multi-Manager Alternative Strategies Portfolio
    Wells Fargo Advantage Alternative Strategies Fund
    Wilmington Multi-Manager Alternatives Fund
    Boston Partners Long/Short Research Fund
    Eaton Vance Hedged Stock Fund
    LoCorr Long/Short Equity Fund
    Navigator Equity Hedged Fund
    MainStay Marketfield Fund

    Yep, if the SEC is gonna stand around and talk, talk, talk but not do their job, and Mary Jo White is gonna blow the CCOs kisses and whisper sweet nothings, then I guess someone else at the State level is gonna have to spend the money and do their job for them (AGAIN!). [Gatekeepers, gatekeepers, one after another; Bush, then Obama, will it never end?]
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