Kohlberg Kravis Roberts is forging on with its IPO despite treacherous conditions in the credit markets.
The Senate is investigating another tax perk enjoyed by the hedge fund industry.
As skittish investors run away from risk, fund managers expect to see a pile of redemption notices tomorrow.
Shaken up by mortgage market worries, investors are retreating from funds that invest in bonds and equities.
Some ETF providers are asking the SEC for exemption from a part of Regulation NMS, CCH Wall Street reported.
Goldman Sachs’s Global Equity Opportunities fund lost $1 billion last week, prompting a $3 billion injection.
Client portfolios may be affected by the fallout from turmoil in the subprime mortgage market — but advisers aren’t exactly sure where the problems may lie and don’t believe their software tools can give them timely answers.
PHILADELPHIA — Morgan Stanley’s plans to take its MSCI Inc. index unit public is raising concerns about conflicts of interest that may arise when an index company must answer to shareholders.
WASHINGTON — Estate planning lawyers are increasingly worried that Congress may not act on estate tax reform before the estate tax repeal expires at the end of 2010.
OTTAWA — Embarrassment? Tragedy? Take your pick. Those were among the mostly furious reactions to the decision by Ontario Superior Court that cleared a former vice chairman of Bre-X Minerals Ltd. on all charges leveled at him by the Ontario Securities Commission.
