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.
The ratings have been raised to “buy,” from “hold,” and the target price has been upped to $33 per share, from $30.
SIFMA wants Finra to raise the threshold for reporting settlements with customers to $25,000, from $10,000.
Investors, brokers and analysts believe the current bond-rating system should be reformed.
Janet Yellen predicts unstable housing and higher commodity prices will hamper recovery before 2009.
Goldman Sachs' hard-to-value assets declined 19% in the second quarter, to $78.1 billion.
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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.
