There were 106 hedge fund launches in Europe in the first half of 2008, a 45% decrease from a year ago.
One in every 171 households received a foreclosure notice in the quarter, according to RealtyTrac.
Although financial advisers are the key drivers in the generation of hedge fund sales, it appears the hedge fund industry and advisers aren't connecting as well as they might, according to a new study.
The ex-Stamford, Conn.-based hedge fund managed by Samuel Israel defrauded investors out of $300 million.
The $12.5 billion allocated to hedge funds during the quarter marked the lowest level of new capital since 2005.
Housing starts rose 9.1% to 1,066,000 units in June from May, but down 26.9% from a year ago.
The pursuit of investment performance in an increasingly uncertain market is drawing more attention to alternative investment strategies, a situation that could place more pressure on financial advisers to step outside their traditional comfort zones.
Investors in Sandelman Partners $3.2 billion multistrategy hedge fund have been barred from making withdrawals.
Hedge Fund Research Inc.'s Fund Weighted Composite Index fell 0.68% in June and is down 0.75% this year.
Thirty-five new hedge funds with a total of $19.5 billion in assets were launched in the Americas during the first six months of this year.
Banc of America Securities cuts its earnings estimates and price targets on Blackstone Group and Fortress Investment Group.
As it faces $6 billion in new write-downs, Merrill Lynch may sell its BlackRock and Bloomberg interests.
London-based hedge fund taps emerging markets expert to run a $1.2 billion special situations fund.
The Alternative Investment Management Association is preparing the first-ever practice standards for funds of hedge funds.
Hedge fund fugitive Samuel Israel today told a judge that he unsuccessfully tried to overdose on drugs.
Hedge fund investors now have the ability to insure themselves against fraud or even the allegation of fraud.
Hedge fund performance replication has come to the mutual fund industry in the form of the IQ Alpha Hedge Strategy Fund.
"The cushion provided by well-covered dividend yields has taken on increased importance," a JPMorgan analyst wrote.
Oil prices shot up again today on comments by the president of OPEC that they could rise to $170 a barrel and fears of a production slowdown by Libya.
Home prices continued their freefall in April, with some areas reporting declines of nearly 27% year-over-year.
