“KaChing offers platform to connect small money managers ... - InvestmentNews” plus 3 more |
- KaChing offers platform to connect small money managers ... - InvestmentNews
- Annual Governor's Prayer Breakfast to Benefit Local and ... - Market Wire
- Obama Greets Olympians, USOC Builds Relations with ... - Around Rings
- Major Sponsors Select International WWW Conference in ... - Newsblaze.com
| KaChing offers platform to connect small money managers ... - InvestmentNews Posted: 22 Apr 2010 10:48 AM PDT KaChing offers platform to connect small money managers with retail investorsPro version is geared to those with less than $500M under management April 22, 2010 1:53 pm ET KaChing Group Inc., an online platform for matching investors directly with money managers, has expanded its business to include a turnkey marketing and distribution system for smaller money management firms. Advertisment
Unique from the seven-month-old online kaChing platform, which requires money managers to meet certain criteria in order to gain access to investors on the platform, the kaChing Pro version operates as a full-service back-office operation that helps managers reach retail investors. The company claims to have 25 managers already signed up, including all 16 participating on the original kaChing platform, which has attracted 600 investors and $8 million since October. The kaChing Pro version is being marketed specifically to money managers with less than $500 million under management, according to chief executive Andy Rachleff. "If you're an investment manager with less than $500 million, you want to build your business, but you don't always have the resources and cash flow to do it," he said. The larger firms — those with at least $1 billion under management — can either afford to build their own distribution and marketing programs or are getting those services through their brokerage firm relationships, Mr. Rachleff said. The total market size of smaller investment management firms that focus on individual investors is about $700 billion, according to Mr. Rachleff. In addition to established money manages such as Fairview Capital LLC, which has $400 million under management, the pro version is also expected to appeal to relative newcomers such as Crabtree Asset Management LLC, which was launched a year ago and has $500,000 under management. Crabtree founder and chief executive Barry Randall, who was downsized from the money management industry in 2008, said that he initially turned to kaChing in order to build a track record for his strategy. "KaChing legitimized my operation by providing a track record," he said. "But now I'm taking it beyond just track-recording building because they've helped me turn a potentially huge fixed cost of all the back office and support into a variable cost." Part of the appeal of kaChing Pro, according to Mr. Randall, is the technology that allows for portfolio and client analysis. For example, in addition to building a personalized website for each money manager on the platform, the pro version also allows money managers to analyze and segregate clients based on factors such as location, investment style and net worth. One of the biggest advantages of the pro version is that it allows money managers to take on investors that might not be able to meet the minimum-investment requirements, thus helping the money managers build relationships with smaller investors, according to Mr. Rachleff. On the kaChing platform, the investment minimum is $3,000, but on the Pro kaChing platform, it's $10,000. "We're creating a storefront for the money managers," Mr. Rachleff said, "and we're providing an alternative to mutual funds." [E-mail Jeff Benjamin at jbenjamin@investmentnews.com.] Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Annual Governor's Prayer Breakfast to Benefit Local and ... - Market Wire Posted: 22 Apr 2010 09:22 AM PDT SOURCE: Rotary Club of Boston #7 The Rotary Club of Boston Has Seats Available to the 47th Annual Governor's Prayer Breakfast; Distinguished Guests Governor Deval Patrick and Mayor Thomas M. Menino Will Attend and Honor The Boston Foundation BOSTON, MA--(Marketwire - April 22, 2010) - The Rotary Club of Boston's 47th Annual Governor's Prayer Breakfast will be held at 7:15 a.m. Monday, April 26, 2010 at the Boston Park Plaza Hotel's Imperial Ballroom. $100 tickets to the breakfast are available at www.BostonRotary.org. The breakfast brings together prominent business, professional, political and religious community leaders for two hours of fellowship and reflection and gives them a chance to build relationships that may not otherwise be possible. A full breakfast is served. Distinguished guests include Governor Deval Patrick and Mayor Thomas M. Menino. All net proceeds go to ShelterBox USA, The Boston Center For Arts, Madison Park High School & Home Inc. The Boston Foundation is greater Boston's community foundation. It devotes its resources to building and sustaining a vital, prosperous city and region, where justice and opportunity are extended to everyone. They seek to broaden participation, foster collaboration and heal racial, ethnic and community divisions. Visit them at www.TBF.org. ShelterBox USA is a disaster relief organization that provides shelter and lifesaving equipment after natural and manmade disasters. Visit them at www.ShelterBoxUSA.org. The Rotary Club of Boston #7 is a long-standing organization dedicated to serving the community and enriching the lives of its members through networking and friendship. Membership is open to likeminded citizens who take pride in supporting the Boston and international communities through philanthropy and volunteer projects. Learn more at www.BostonRotary.org. Contact: Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Obama Greets Olympians, USOC Builds Relations with ... - Around Rings Posted: 22 Apr 2010 09:29 AM PDT 4/22/2010 Obamas Greet Vancouver OlympiansPresident Barack Obama and First Lady Michelle Obama welcomed the U.S. Olympic and Paralympic team to the White House on Wednesday. The Obamas spent around ten minutes with each sports team. After meeting the athletes individually, a formal ceremony was held in the State Floor congratulating the team for their hard work, winning 50 medals. Michelle Obama used the event to promote her initiative "Let's Move", which hopes to fight child obesity. The White House Office of Olympic Paralympic and Youth Sport sponsored the trip to the White House. Originally the event was scheduled for Thursday but the White House moved the event up a day. Vancouver-like weather forced the event indoors, leaving no room for top USOC brass to watch the ceremony. More than 200 athletes made the trip to D.C. Congress and the USOC For the first time, the U.S. Olympic Committee will have a legislative caucus dedicated to the Olympics and Paralympics. The move comes less than two years after losing the Olympic movement's strongest voice within Congress. Senator Ted Stevens, a Republican from Alaska, lost his re-election bid in 2008. Stevens wrote the legislation establishing the USOC as a private non-profit organization, the Ted Stevens Amateur Sports Act in 1978. Colorado Republican Ben Nighthorse Campbell competed in judo at the 1964 Olympics. To prevent an immediate departure of talent, the USOC teamed up with several congressmen to create a caucus in both legislative chambers that will benefit the Olympic movement in the U.S. USOC CEO Scott Blackmun tells Around the Rings the USOC wants to build permanent relationship with Congress. He praised the work of Stevens and Campbell, calling them "champions" adding "they're not there anymore and we think it's important to have long term relationships in Washington. "It's important for us to have great relationships on The Hill and we recognize that we need to proactively work to build those relationships." During the USOC trip to Washington this week he would "be visiting a number of people on the Hill." He said the caucus will be the key way to ensure the USOC's voice is heard in D.C. Blackmun added "there is no specific agenda here other than I think the American people expect us to be in close communication with Congress and I think, frankly, Congress is just as proud of the U.S. Olympic team as Americans are generally. "I think they want to be engaged in what we're doing." The Olympic and Paralympic Caucus Dubbed the Congressional Olympic and Paralympic Caucus, 12 congressmen have already joined the House caucus, the formation of which was announced Wednesday. The caucus is chaired by Representatives John Boozman (R-AR), James Langevin (D-RI), Ed Perlmutter (D-CO), and David Reichert (R-WA). Representatives Brian Bilbray (R-CA), Marsha Blackburn (R-TN), Roy Blunt (R-MO), Jim Costa (D-CA), Susan Davis (D-CA), Steve Kagen (D-WI), Peter King (R-NY), Laura Richardson (D-CA), Chris Smith (R-NJ), Lee Terry (R-NE) and Henry Waxman (D-CA) round out the House caucus. Doug Lamborn, the congressman representing Colorado Springs where the USOC is headquartered is not a member of the caucus but, his spokeswoman said "he is strongly considering joining." Lamborn said in a statement for Around the Rings "I have a good working relationship with the representatives of the U.S. Olympic Training Center in Colorado Springs, and the local members of the U.S. Olympic Committee. Fortunately, they have never needed serious Congressional help during my term in Congress, but I have made it clear that I stand ready to help, should they need it." A member list for the Senate caucus is unavailable but Bill Bennett (D-CO) is sponsoring the creation of the Senate version.The House caucus was created Feb. 12. According to the Dear Colleague letter asking for congressmen to join, the caucus is "dedicated to educating Congress about the goals and spirit of Olympic-related athletic activity, increasing diversity in athletics, promoting clean and fair competition, expanding youth sports, highlighting the benefits of sports to individuals with disabilities, and supporting the vision of enabling athletes to realize their Olympic and Paralympic dreams." Two of the chairs, Reps. Boozman and Langevin came to the caucus to support Paralympic efforts. Langevin is the only quadriplegic congressman. Joy Fox, the congressman's spokeswoman told Around the Rings for the past two years, Langevin has secured appropriations for injured and disabled members of the armed forces to be rehabilitated through Paralympic sport. The requests totaled $10 million. Similarly John Boozman also worked to support disabled veterans. According to a statement from his office, Boozman "is familiar with the work of the U.S. Olympic Committee" and his staff "are working to provide funding to help veterans get involved in Paralympic activities at the community level." Funding from the Department of Defense for veterans rehabilitation projects is the only money the USOC receives from the federal government.
The announcement of the caucus comes at the start of the U.S. Olympic and Paralympic Team's visit to Washington D.C.
For general comments or questions, click here. (Copyright 1992 2008, all rights reserved. The information in this report may not be published, excerpted, or otherwise distributed in print or broadcast without the express prior consent of Around the Rings.) Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Major Sponsors Select International WWW Conference in ... - Newsblaze.com Posted: 22 Apr 2010 12:21 PM PDT RALEIGH, N.C., April 22 /PRNewswire/ -- In less than a week, major sponsors, including Google, Yahoo!, Microsoft and Lulu.com, will bring important demonstrations, web-critical thought leadership and business-changing announcements to the 19th International World Wide Web Conference (WWW2010) in Raleigh, North Carolina. The five-day event, kicking off on Monday, April 26th, marks the first time ever the WWW conference will take place in the southeastern United States. Since its inception in 1994, the WWW Conference series is known for being the place where ground-breaking technologies and advanced Web concepts are presented. According to Paul Jones, director of ibiblio and WWW2010 conference co-chair, "The research paper that introduced Google was given at the 1998 WWW conference and changed the way we all use the web. We expect that strong multi-disciplinary and impactful tradition to continue at the 19th WWW Conference." Gold Sponsor, Yahoo! attends the conference annually presenting dozens of papers by the company's top scientists. This year, Yahoo! will demo five different experiments currently taking place in their labs. Lulu.com, headquartered in Raleigh, is at the conference in force to build relationships with the many remarkable thinkers present. At the conference, Lulu is expected to announce a new approach to publishing and sharing knowledge for those in education and academics. President and chief internet evangelist for Google, Vint Cerf, called the "father of the Internet" in recognition of his groundbreaking work on the networking protocol that makes Internet transmission possible, will deliver the main Keynote on how improving bandwidth will impact the future of the web. In addition, Google technologists and scientists from across the Globe will present key research papers. Researcher with Microsoft Research and noted speaker on teenagers' use of social networks, danah boyd, will keynote on Publicity and Privacy in Web 2.0 and will sit in for an exclusive public interview on the future of the web. The conference typically draws participants from more than 40 countries. Other presenters and exhibitors hail from Facebook, Ask.com, IBM, Mozilla, Hewlett-Packard, Red Hat and more. Program tracks include data mining, social networks, industrial practice and experience, Internet monetization, Web 2.0, Web engineering, and XML and Web data. WWW2010 will focus on open Web technologies, standards and practices. In addition, one of this year's co-located conferences, FutureWeb, will feature a series of moderated panels discussing the future of the web with regard to key topics including social networking, web analytics, security, media, design and more. For more details about the conference please see the Web site at: http://WWW2010.org. For additional information on conference sponsors, please visit WWW2010 - Raleigh: Sponsors. SOURCE WWW2010 Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| You are subscribed to email updates from build Relationships - Bing News To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
No comments:
Post a Comment