Another threat to hedge fund managers: A new proposal may keep them from deferring taxes on compensation, The Wall Street Journal reports.
A steep fall in bonds has led to speculation that China may be pulling its funds from the U.S., The Telegraph said.
Pension funds would be adversely affected if taxes on private-equity were raised, said witnesses.
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.
