At a time when recession fears are rattling the stock market, some financial advisers are looking to trees for growth.
Morningstar Inc.'s recent launch of a star-rating system for hedge funds is the ultimate move into the mainstream for an asset class that has long thrived as an exclusive alternative investment.
The composite Eurekahedge Hedge Fund Index fell 3.1% in January, the worst performance since the company began keeping data in January 2000.
The firm was “the unfortunate victim of misconduct by certain former employees,” according to a client letter.
At campaign stops, Sen. Hillary Clinton argued that hedge fund executives shouldn't be immune from certain taxes.
Investors are prohibited from withdrawing funds from CSO Partners.
Morningstar has expanded its ratings coverage to hedge funds.
Hedge funds in January had their worst performing month in more than five years, according Greenwich Alternative Investments.
As [Lee] Ainslie [founder of Maverick Capital Ltd. of Dallas] began attracting assets and adding investment staff, he created a business model that differs slightly from those of most large funds, which generally fall into two categories.
Because of the market volatility of recent days, determining which hedge funds will perform well is as difficult a task as it has ever been.
Hennesse Hedge Fund Index falls 2.4%, the fourth worst month ever.
The Hennessee Hedge Fund Index declined 2.8% in January after finishing 2007 up 11.64%.
The hedge fund, its adviser, founder and two employees will pay a combined $40 million for an illegal late-trading scheme.
The company has bought HedgeWorks, a Southern California hedge fund with more than $10 billion in assets.
The Morgan Stanley Global Long/Short Fund aims to offer an institutional-quality portfolio of long/short equity hedge funds.
Daniel Marino, who faced a maximum sentence of 50 years, had sought leniency due to his cooperation with prosecutors.
After a buyout, a company cuts an average of 7% of its workforce, but new positions in new locations are added at a 6% clip.
Ex- hedge fund chief James Marquez was ordered to serve 51 months for conspiring to defraud investors.
The recommendations are designed to handle conflicts of interest between managers and investors.
The mother convicted with her son in a multimillion-dollar hedge fund scheme will be sent back to Turkey.
