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HedgeCo.net (West Palm Beach) – Hedge fund and alternative investment advisory company, Tru/Alpha Capital Advisors (TACA), is being launched to specialize in international alternative markets, advising institutional and corporate clients, as well as high-net worth individuals.
Based in Midtown Atlanta, Georgia, TACA is headed by Harvard-graduate and past Morgan Stanley executive Monty Bruell. Mixing its full-scale advisory expertise and network of reputable partners, TACA’s team brings years of experience, credentials and proven performance in the alternative and International investment marketplace.
The company is one of few African-American owned wealth and asset management companies in the southeast.
Tru/Alpha’s niche in the international and alternative markets offers more focused insight and expertise on strategies such as international equities, international fixed-income, structured notes, commodities and hedge funds among others.
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Reuters – The chief executive of Dell Inc said on Tuesday that talk of IBM possibly buying Sun Microsystems was providing an "enormous opportunity" to the world’s No. 2 PC maker in the corporate server market.
Michael Dell said such talk created uncertainty over the future of Sun’s Solaris-based servers and accelerated a customer migration to the servers based on standard industry components, known as x86 servers, which are Dell’s mainstay product.
Apart from the potential IBM-Sun union, Dell is also facing an uphill battle with network equipment maker Cisco Systems with and Hewlett-Packard. Cisco has announced a foray into the server market and HP has started to offer a more complete package of technology services to its corporate clients after its purchase of EDS.
News Channel 8- A U.S. Treasury official said Monday the global credit crunch is gradually calming following efforts by the Federal Reserve and other central banks.Clay Lowery, assistant secretary for international affairs at the U.S. Treasury, said the Fed and other central banks have coordinated their actions to protect the financial system from possible disruptions after the U.S. subprime mortgage crisis surfaced last year.
As a result, the availability of credit has improved "modestly," Lowery told the Foreign Correspondents Club of Japan.
He said U.S. financial institutions reported more than $300 billion in subprime-related losses, but that was alleviated by the raising of an additional $200 billion in capital.
