September hedge funds recovered from a sickly August to generate positive returns of 0.85% net of fees for investors.
Investor appetite for hedge funds will be gauged as London-listed closed-end funds are expected to announce plans to raise a combined $612 million.
More clients are interested in charitable donations while they are still alive to oversee how the money is being spent.
Real estate manager Adelante Capital Management’s Adelante Shares subsidiary and XShares Advisors introduced seven equal-weighted REIT ETFs.
Hedge funds are about to see billions wiped out as investors take their money and run, the Financial Times reported.
Two leaders in the asset management world will head efforts to define best practices for hedge funds.
The hedge fund industry has joined with Habitat for Humanity of New York to raise money and help working families achieve home ownership.
Morgan Stanley is in talks to purchase a 20% stake in Traxis Partners LP, a hedge fund founded by the company's former chief strategist, Barton Biggs.
Goldman Sachs Group Inc. and Kohlberg Kravis Roberts & Co. have backed out of their $8 billion buyout of audio equipment maker Harman International Industries Inc. of Washington.
Three hedge funds are set to pounce on Northern Rock, the British mortgage lender.
FRM, a London-based global hedge fund manager, will transition its assets to JPMorgan Hedge Fund Services.
Goldman's Global Alpha managers sent a letter to investors saying they would keep the fund open.
NovaStar, the troubled residential lender, will give up its status as a real estate investment trust.
The regulator is probing for relationships between managers, employees, family members and public companies.
High-flying hedgies like to show off their good taste — and extreme wealth — by investing in art.
Goldman Sachs flagship hedge fund lost more than 20% of its value in August, its largest monthly fall.
Unprofitable investments in debt and emerging markets have devoured the value of Old Lane, Bloomberg said.
American Realty Capital Trust, under chief executive Nicholas Schorsch, plans to sell up to 150 million common shares, raising as much as $1.5 billion.
Turmoil in the credit markets will take a big bite out of hedge fund managers' bonuses this year, according to a report.
Hedge funds lost 1.31% in August, marking the first negative returns since July 2006, according to HFR.
