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National Investment Managers Inc. (NIVM.OB) Posts Record Q2 Results, Citing Aggressive Business Model and Strategic Plans

QualityStocks (August 17th, 2009) Writes:

National Investment Managers Inc. is a nationally-based holding company focused on retirement plan administration and investment management. The company recently announced its financial results for the quarter and six months ended June 30, 2009, reporting record quarterly revenues.

The company posted second-quarter 2009 revenues at $14.1 million, up 19.7 percent from $11.8 million posted in 2008. For the first half of 2009, the company reported revenues of $26.7 million, an increase of 29.1 percent, from $20.7 million reported for the first six months of 2008.

The company’s earnings before interest, taxes, depreciation, amortization (EBITDA) was $4.7 million for the second quarter 2009, up from $3.8 million from the same period in 2008.

Steven Ross, CEO of NIVM, said the company’s results were boosted by strategic improvements and signal its ability provide results-driven services.

“Our record performance in the second quarter and first half of 2009 was driven by continued organic

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Bermuda Hedge fund Guide

Richard C. Wilson (September 11th, 2008) Writes:
Bermuda Hedge FundsBermuda Hedge Fund Guide

Here is a short collection of articles on the hedge fund industry in Bermuda. I am always looking for more valuable online tools and resources to add to these geographical hedge fund guides to the hedge fund industry. If you have a white paper or PowerPoint that I can include here please send me an email and I will post it for everyone's benefit.Hedgeweek Special Report on Bermuda Hedge Funds Services 2008. This report features several articles touched on various aspects of Bermuda’s Hedge Fund industry. It also analyzes the trends of globalization and institutionalization of the hedge fund industry. Regulations regarding funds’ performance, such as the level of manager access and transparency and investor protection are emphasized.Island

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Prime Brokerage Hedge Fund Administration

Richard C. Wilson (September 2nd, 2008) Writes:
Prime Brokerage + AdministrationPrime Brokerage & Hedge Fund AdministrationPrime Brokerage Hedge Fund AdministrationMore prime brokerage firms are adding on administration services to help attract and retain clients. I wasn't sure how widespread of a trend this was but saw this mentioned within an article yesterday as noted below. I would be interested in discussing this further with hedge fund managers reading this article - if you have some insight - Richard@HedgeFundGroup.org.__________________In recent years, the custodian banks that have acquired hedge fund administrators have sought to adjust client lists in favor of larger and more profitable hedge fund and fund of funds groups interested in a broader array of services. At the same time, prime brokers have recognized that providing administration services ...

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