An Alternative to Alternatives?
The pace of launches for these vehicles has tripled since 2009; Goldman Sachs predicts that alternative mutual funds could represent a $2 trillion opportunity for asset managers, capable of growing 15-20% per year over the next 5-10 years. To put this into perspective, the hedge fund industry as a whole is currently just over $2 trillion. Much of this growth has been focused on long/short equity and multi-manager strategies as retail and institutional investors search for mutual funds with lower correlations, better risk adjusted after-fee returns, and enhanced yield and protection from a poor bond market outlook.
Mar 5, 2014 - 12:10:05 AM
BBB offers Business & Consumer Tips to Avoid Tax Identity Theft
Marlborough, MA - Tax season is here and the Internal Revenue Service (IRS) is emphasizing online services this year to help consumers navigate the hectic tax filing season. Better Business Bureau Serving Eastern MA, ME, RI & VT is encouraging taxpayers consider the following tips in order to avoid the rapidly growing identity theft scam.
Feb 20, 2014 - 4:33:03 AM
How Isolated is Israel?
"Funds from the US, Europe and China are showing interest in dozens of Israeli companies that will be forced on to the auction block by Israel's efforts to increase competition.... The sale [of dominant Israeli companies] is required by a law passed in December, 2013 to loosen the grip conglomerates have on the economy.... [Israel's economic] growth is projected to outpace both the US and the euro area this year and next.
Feb 16, 2014 - 12:15:14 AM
TransUnion Consumer Survey reveals pitfalls in human relationships
A third of Americans surveyed (33 percent) said bad budgeting skills was their spouse/partner's personal finance habit that bothered them the most. Additional 18.5 percent said not checking his or her credit score, 17.1 percent making late payments or missing payments, 16.3 percent said accumulating too much debt and 15.2 percent said being careless with personal information.
Feb 11, 2014 - 5:52:38 AM
Telephone 'cramming' a new way to 'scam'
Marlborough, MA - Better Business Bureau serving Eastern Massachusetts, Maine, Rhode Island and Vermont (BBB) is warning cell phone users about a new scam that can result in unauthorized charges appearing on their monthly statement. The practice of third parties placing unauthorized charges on wireless accounts is called "cramming." If you believe you have been a victim of this scam, be sure to alert your cell phone carrier immediately and keep an eye on your cell phone bill. The earlier you document the fraud, the better your chances of having some or all of the charges removed.
Feb 6, 2014 - 12:07:28 AM
Data Privacy Planning for Small Businesses
Jan 31, 2014 - 12:17:31 AM
2013 BBB Recovers 51.5 Million Dollars for customers in Disputed Transactions
Customers who filed complaints against businesses located in our service area disputed over 51.5 million dollars in transactions, up 62 percent over 2012. BBB was successful in resolving 82 percent of all complaints filed.
Jan 31, 2014 - 12:05:08 AM
Is Israel boycotted? Israel's high tech growing in 2013!
An exclusive angel conference - an Angel Accredited Investor trip to Israel - will take place at the Ritz Carlton Herzliya Beach, on February 5-6, 2014, organized by the NYC-based Sunrise Securities Corp. (www.sunrisecorp.com) and coordinated via Zion Tech (www.ziontechfund.com). Microsoft, Ernst & Young and Checkpoint Solutions have joined Zion Tech as strategic partners. A thorough due-diligence has qualified 10 Israeli start-ups to make presentations to angels, who would consider an investment of $25,000-$100,000 or more.
Jan 18, 2014 - 12:35:15 AM
Is Israel Isolated?
One Israeli official notes, with pleasure, that in six hours of talks with the Chinese leadership, 'they spent roughly 10 seconds on the Palestinians', while revealing 'an unquenchable thirst for Israeli technology.' The Israelis say that Latin Americans also tend to be more interested in economics and technology than the political issues that preoccupy the Europeans and Americans.... I travelled to Israel expecting to find a country that was excessively paranoid. I left wondering whether the problem might, in fact, be excessive complacency."
Dec 21, 2013 - 12:15:54 AM
IBHS Commends DHS Report Highlighting the Importance of Building Codes
TAMPA, FLORIDA (Dec. 9, 2013) -- The U.S. Department of Homeland Security (DHS) recently released a report entitled Including Building Codes in the National Flood Insurance Program (FEMA), which discusses the feasibility of including model building codes in the National Flood Insurance Program (NFIP). The study will be used by Congress to consider whether to make adoption and enforcement of model building codes mandatory for communities participating in the NFIP program.
Dec 10, 2013 - 12:05:34 AM
CNN: Big Tech Scrambles for Israeli Firms
Mexican billionaire, Carlos Slim: "The Slim Group will take part in additional investments in Israel. We like to have our finger on the pulse of new technologies, and Israel is a world leader in this field. We are interested in Israeli technology developments." Earlier this month, Slim's America Movil SAB de CV participated in a $60MN round of private placement by Israel's Mobli, which developed a mobile social network photo and video-sharing platform (Globes, Nov. 28)
Dec 7, 2013 - 12:42:33 AM
Engaging Outraged Stakeholders
Engaging Outraged Stakeholders is the first book of its kind, giving readers an exhaustive manual concerning stakeholder engagement. It features detailed examples of this work through true success stories, as well as some sobering, frank words on the potential for failure. However, by following the steps the authors outline for successful engagement, and heeding the many wise words of advice, readers will feel that nearly any conflict can be successfully mediated. Whether that conflict is in the boardroom, the office, or between friends or family, readers will be inspired to follow the authors' sage counsel and work through it to find common ground and, hopefully, progress for the good of all parties involved.
Dec 7, 2013 - 12:40:31 AM
Support Small Businesses on November 30th
With your help, Small Business Saturday could be even bigger this year. Get involved by helping your community prepare, promoting your local businesses, and encouraging your friends and family to "Shop Small." And don't forget to go out and shop at your local businesses on November 30th! The more businesses and shoppers that get involved, the bigger and more beneficial the day will be for local communities.
Nov 20, 2013 - 5:30:03 AM
Child Safety Protection with The Locca BuddyPack
Parents can attach the BuddyPack's LoccaPhone, the world's most sophisticated GPS tracker, to help know where their child is located at any given time providing them the peace of mind they deserve.
Nov 8, 2013 - 8:33:18 PM
The London Economist Intelligence Unit Praises Israel's High Tech
Israel's high tech companies raised $660MN in the 3rd quarter of 2013 -- the largest amount in any three month period since 2000. Those companies have also chalked up some significant recent successes, following a series of acquisitions by US-based technology companies. The most notable was the $1BN sale of Waze to Google in June.
Nov 8, 2013 - 8:23:32 PM
Bankable Leadership: Happy People and Bottom-Line Results: How Bankable Leaders Deliver Both
Right-side leaders drive results so aggressively that they leave a "Trail of Dead Bodies." This leader requires grueling hours, is never satisfied, and withholds recognition lest employees become complacent. Though right-side leaders help you "up your game" initially, in the long-term, you suffer both physically (from over-work) and mentally (from lack of appreciation).
Oct 28, 2013 - 2:30:31 PM
The Wall Street Journal praises Israel's high tech
Israel is a global leader in the development of water technologies. Export of water technologies was $2BN in 2012, 170% increase in six years, expected to reach $2.2BN in 2013. 280 Israeli companies develop water technologies, 150 are export-oriented (Globes, Oct. 22).
Oct 28, 2013 - 2:27:15 PM
Better Business Bureau Warns Real Estate Offices About Targeted Scam
Real estate offices and agents are being warned of a phishing scam that targets them. The messages are fake Better Business Bureau emails that claim the company is being investigated, and threaten legal action if the receiver does not respond with more information. However, links in the emails lead to websites that ask for detailed financial information. Some of the emails contain attachments that may include viruses or other malware.
Oct 20, 2013 - 12:13:35 AM
Accelerated investments in Israel's high tech
Since January, 2013, the following Israeli companies raised funds in Wall Street Initial Public Offerings (IPOs): Keryx - $70MN, MedGenics - $32MN, Delek USA - $355MN, Cimatron - $15MN and $16MN, InspireMD - $25MN, Even Keisar - $181MN, AlCobra Pharma - $25MN, Kamada - $59MN, StrataSys - $481MN, EnzymoTec - $62MN. (Globes, Oct. 11).
Oct 20, 2013 - 12:10:00 AM
Shoe Carnival Raises Awareness for Breast Cancer Research
"This campaign to increase awareness of the disease touches the lives of so many people and families," said Lisa Rosenbaum Shoe Carnival Vice President of Womens' Footwear and Accessories. "We are thrilled to participate and aid in the research and critical funding to detect this disease in its early stages and lead to a cure!"
Oct 1, 2013 - 11:24:41 PM
Reps. Michaud and Denham Introduce "IRS Rulemaking Fairness Act"
On September 25th Representatives Mike Michaud (D-ME) and Jeff Denham (R-CA) introduced a bipartisan bill to provide small businesses a voice when it comes to Internal Revenue Service (IRS) rulemaking. Their bipartisan bill, the IRS Rulemaking Fairness Act (H.R. 3169), would add the IRS to the list of agencies required to certify that a proposed rule will not have a significant impact on small businesses or convene an advocacy review panel and publish a regulatory flexibility analysis. The legislation also includes language to clarify that the IRS's rulemaking must comply with existing regulatory review processes like the Regulatory Flexibility Act (RFA).
Sep 29, 2013 - 12:25:27 AM
10th Annual National Preparedness Month
National Preparedness Month is a nationwide effort to increase awareness and encourage individuals and communities to prepare for emergencies. This year's theme, "YOU Can Be the Hero," encourages all Americans to take an active part in preparing and planning for disasters and emergencies.
Sep 17, 2013 - 7:07:27 AM
Israel's high-tech: a unique contribution to the US economy
The San Francisco and NY-based FTV Capital invested $40MN in Israel's Credorax, joining prior investors such as Blumberg Capital and Japan's Mobile Internet Capital. Blumberg Capital invested $3MN in Israel's FeeX (Globes, August 29, 2013).
Sep 8, 2013 - 12:33:47 AM
Win at Work
Winning at Working: Workplace Ladder Fuel
Maybe you received an email seeking applicants as paid mystery shoppers
in your area, or offering cash in exchange for filling out online
surveys. Or you heard theaters used subliminal advertising to increase
sales of popcorn and soft drinks. Maybe it was the "send old shoes, get a
new one free" Nike promotion that caught your attention, or the
discovery that you can cure disease by drinking four glasses of water
Aug 26, 2013 - 3:53:54 PM
Tips on Finances for Newlyweds
Marlborough, MA - August 22, 2013 - You've survived planning a wedding and honeymoon, and are now ready to live a blissful life together. But before you submerge yourself in a happily-ever-after fairy tale, there a few things that need to be in order. You and your spouse need to say hello to the elephant in the room: money.
Aug 23, 2013 - 5:49:39 AM
IBM acquired its 13th Israeli company
Warren Buffett defined Israel as "the leading, largest and most promising investment hub outside the United States." Bill Gates stated that "innovation going on in Israel is critical to the future of the technology business." Israeli firms comprise 16 percent of the high tech companies in Massachusetts, second only to firms from India. About 200 Israeli startups are located in NY City
Aug 16, 2013 - 12:03:46 AM
IBM's acquires its 12th Israeli company
John Chambers, Cisco CEO: "Israel will be the first end-to-end digital nation" in cooperation with Cisco, connecting homes with fiber-optic networks and infrastructure in businesses, education, healthcare and security all at once. Chambers announced three Cisco initiatives in Israel: a Cyber security R&D laboratory, security consulting services and launching a pilot training program on information security. Cisco intends to invest in Israel $15MN in VC funds (Jerusalem Post, June 20, 2013).
Jul 28, 2013 - 6:47:38 AM
Israel -- a global leader in bio-tech and defense products
Google is acquiring Israel's Waze for $1.1BN. Microsoft controls 10% of Waze. Google acquired, in 2012, two Israeli start ups for $25MN (Globes Business Daily, June 10, 11, 2013). China's Fusson acquired Israel's Alma Lasers for $221MN (Globes, May 29). Singapore's Biosensors International acquired Israel's Spectrom for $51MN (Globes, May 24). The Pennsylvania-based $3.2BN Teleflex acquired Israel's Eon Surgical for over $20MN (Globes, June 11).
Jun 14, 2013 - 8:40:29 AM
The US-Israel Win-Win, Mutually-Beneficial, Two-Way Street
While struggling to turn around an expanding (5%) budget deficit, Israel sustains its unique role as a pipeline of commercial, defense and homeland security technologies to the US and the Free World. Israeli technologies, shared with the US industry, have enhanced the US employment, research & development and exports.
May 12, 2013 - 12:13:08 AM
Spring Home Improvements Make for Busy Season
Marlborough, MA -- April 30, 2013 -- This spring, landscaping, roofing and home improvement contractors will face a busy season, according to recent statistics from the Better Business Bureau serving Eastern Massachusetts, Maine, Rhode Island and Vermont.
May 1, 2013 - 3:09:24 AM
Stanley Fisher, Bank of Israel Governor, Assesses Israel's Economy
The following summary of the April 23, 2013 address by Stanley Fisher, Bank of Israel Governor, highlights economic indicators which reflect the relative strength of Israel's economy during the global economic meltdown. These indicators have enhanced global confidence in the long-term viability of Israel's economy.
Apr 28, 2013 - 5:10:32 AM
Tips for Driveway Improvements
An attractive, well-kept driveway can help a home make a good first impression, provide protection against flooding, and even add value to your investment. But replacing a driveway can be a costly endeavor.
Apr 16, 2013 - 2:34:58 AM
Win at Work
Winning at Working--Valuing Time
"I don't like to be kept waiting," he responded when asked by the
travel-study professor why he delayed the entire group for a third
straight day. "Next time," the professor warned, "we won't hold the
Mar 28, 2013 - 5:57:10 PM
Maine Savings Interest Rates Fall
The Web's leading resource of local interest rate data, www.GoBankingRates.com, investigates historical deposit account rates offered by local Maine banks and credit unions in its latest rate study. The report finds that average CD and savings account rates in Maine have plummeted over the last two years, with an average 32% difference between 2011 and 2013 rates.
Mar 2, 2013 - 5:31:30 AM
Tax Revenue Options to Avoid "Sequestration" Cuts
Unless Congress acts to avert it by March 1st, $85 billion in arbitrary, across-the-board federal spending cuts--called a sequester--will result in the loss of 750,000 jobs nationwide, according to recent testimony by the director of the Congressional Budget Office, threatening the economic security of many middle class and vulnerable Americans. The spending cuts -- 5% for non-defense discretionary spending and 8% for defense discretionary spending -- will affect many vital services such as education, research and innovation, veterans' mental health, food safety, emergency responders and more.
Feb 22, 2013 - 12:10:48 AM
Win at Work
Winning at Working--What Do You Expect?
I like teaching workshops. On one hand, I'm humbled by the knowledge,
insights, and challenges of those attending. I'm invigorated by the
persistence and passion woven into the stories that unfold. And I'm
grateful for the real-world perspectives of people who are focused on
doing a great job and making a difference at work.
Feb 13, 2013 - 5:03:17 PM
Small Businesses and Smartphone Credit Card Processors
Do your research. Just like a landline-based credit card system, you'll need a merchant account to process payments, a scanner device to read the card, and software (app) to make it run. Don't skimp on research. Start with your bank or your credit card service for suggestions on recommended services and devices. Check out all vendors at www.bbb.org. Ask for references.
Feb 7, 2013 - 6:44:52 AM
5 Money Moves to Make While Interest Rates Today Are at All-time Low
Borrowing money using loans in such uncertain times has made consumers wary, while bleak deposit rates have left savers discouraged. However, Jennifer Calonia of Go Banking Rates, chief reporter on the study, reassures consumers that there are still opportunities to earn more and save more, despite low rates
Feb 1, 2013 - 10:45:18 PM
Guidance on Reducing Risk of Frozen Pipes
Sub-zero temperatures are making life difficult for people throughout the country. Although you may be concentrated on making sure your fingers and toes don't freeze right now, it is also important to make sure your plumbing doesn't freeze
Jan 25, 2013 - 12:10:10 AM
Maine Savings Interest Rates Rank 49th Nationwide
The new report shows that when ranked against the rest of the United States, Maine's deposit rates are significantly lower, falling below the national average for 6-month, 1-year and 2-year CD rates, and 49th out of 50 for savings accounts.
Jan 25, 2013 - 12:03:47 AM