Another threat to hedge fund managers: A new proposal may keep them from deferring taxes on compensation, The Wall Street Journal reports.
Pension funds would be adversely affected if taxes on private-equity were raised, said witnesses.
A steep fall in bonds has led to speculation that China may be pulling its funds from the U.S., The Telegraph said.
In a marketing and business coup, Pershing has hired Mark Tibergien, a leading consultant in the industry.
The biggest B-D is buying Independent Financial Marketing Group from Sun Life Financial.
The firm has added services for shareholders that invest in its $100,000 no-load, low cost mutual funds.
The chairman of Josephberg Grosz & Co. was sentenced to four years and two months in prison for evading tax payments on the sale of tax shelters.
Van Eck Global launched the Market Vectors-Agribusiness ETF on the American Stock Exchange today.
Senate hearings on taxing-carried interest begin tomorrow, but reports predicting its impact are out now.
A group of investors in Bear Stearns’ two deflated hedge funds want to replace the funds’ general partner and director.
