Federal prosecutors said Tuesday they will file new charges against billionaire hedge fund operator Raj Rajaratnam alleging he made at least $36 million from trades based on insider information, double what the government previously believed.
A lawyer says a billionaire hedge fund manager charged in a $25 million insider trading case plans to clear his name and is not a flight risk.
A hedge fund company whose manager is criminally charged in an insider trading case told clients Wednesday it's shutting down its funds.
IBM Corp. put a top executive on leave Monday after he was charged in an insider trading scandal for allegedly leaking secrets about IBM's earnings and financial dealings with corporate partners.
But use of commodities and absolute-return strategies appears to be universal, according to a survey from Rydex Distributors
Don't make the mistake of letting this year's powerful rally by real estate investment trusts deter you from considering an allocation to real estate at this point in the cycle.
The ex-wife of one of America's richest men has sued the billionaire in New York for racketeering, saying he hid millions of dollars from her for decades.
Hedge fund performance is cooking again, which means that advisers should brace for a new onslaught of investor inquiries about alternative strategies.
Private equity firm Citadel Investment Group LLC said today that one of its affiliates has canceled a plan to sell a portion of its stake in retail brokerage firm E-Trade Financial Corp.
Although five exchanges will soon vie to clear credit default swap trades in Europe and the United States, the number is likely to dwindle to one on each side of the Atlantic in the next couple of years, according to analysts and industry participants.
The SEC today charged an unregistered hedge fund with operating a large-scale scheme that it said defrauded hundreds of investors millions of dollars.
Look for markets to continue November's upward climb and finish the year strongly.
Like the proverbial canary in the coal mine, assets of the largest managers of real estate investment trusts were first to feel the shock wave of volatile world markets.
The real estate boom and bust is hanging over many independent broker-dealers and their financial advisers as the market for non-traded REITs soured this year.
Commercial real estate is now a bargain, and the widely expected drop in commercial property values may not occur, according to a well-known real estate analyst.
Despite troubling signs that investors aren't sold on new real estate investment trusts that plan to purchase distressed-mortgage assets — in many cases with the help of government financing — mutual fund managers still intend to take a close look at them.
Marathon Asset Management LP has completed an initial closing of an investment fund established under the Public-Private Investment Program, the Department of the Treasury announced today.
An ex-Goldman Sachs adviser in Hong Kong has been barred from the financial services industry for two years after she invested almost $2 million of her client's money on derivatives contracts without approval, regulators said Thursday.
