A third Bear Stearns hedge fund is in trouble due to the subprime mortgage market, according to published reports.
Bear Stearns and several of its asset management employees are the subject of an arbitration claim by an investor who suffered losses in one of the company’s structured credit hedge funds.
The SEC doesn’t need legislation right now to beef up its oversight of the hedge fund industry, SEC Chairman Christopher Cox said today.
Account balances for workers who consistently held 401(k)s from 1999 to 2006 increased at an annual rate of 8.7%.
JPMorgan Hedge Fund Services has expanded its Asia business with a pair of hires in its Hong Kong office.
Private equity executives today warned the Senate that higher taxes on carried interest would severely harm enterprises.
Citadel Investment Group LLC, one of the world's largest hedge funds, agreed to take over the credit portfolio of Sowood Capital Management LP.
Hedge fund advisers opting to register with the SEC increased by only 1.5% this year.
Claymore Securities Inc. has launched an exchange traded fund designed to profit off of companies in the luxury goods-and-services market.
One of the biggest changes occurring in the retirement marketplace is an increase in automatic features.
