Hedge fund assets have increased by 11% in the past six months, according to HFM.
Hedge fund returns fell November, reflecting declines in the major stock markets, the credit crunch and concerns about business slowdowns.
Load funds significantly underperform a buy-and-hold strategy with the same funds, says the Zero Alpha Group.
The Bank of America report identifies 12 donor types and how they go about giving away their money.
The regulator is investigating whether financial entities are investing in hedge funds in order to share inside information.
Investors in Bear Stearns' two collapsed hedge funds have filed arbitration claims against firm, according to Reuters.
Schwab Charitable Fund has reduced the minimum donation to open a charitable gift account from $10,000 to $5,000.
The European Central Bank held its key interest rate at 4%, while The Bank of England cut interest by a quarter-point.
Merrill's new CEO will receive 46,304 shares of restricted stock that will vest over the next three years.
The Spectrem Millionaire Investor Index fell 11 points in November to a reading of 3.