The Greenwich Global Hedge Fund Index increased 1.07% in the month of June, beating out the major market benchmarks.
WisdomTree Trust will launch a new dividend-weighted exchange traded fund tomorrow on the NYSE.
ETF assets fell to $478 billion in June from $480 billion in May, according to State Street Global Advisors.
Barclays has added Aaron Tan as managing director and head of Hong Kong coverage, Finance Asia reported.
The House Financial Services Committee heard testimony about risks hedge funds may pose to the investors and the economy.
Mutual funds will now be subject to a new rule that prohibits fraud in hedge funds and other private investment pools.
The Senate Finance Committee is scrutinizing a bill that could raise taxes paid by hedge fund managers and private equity heads.
Claymore Securities Inc. has teamed up with Zacks Investment Research to launch two exchange traded funds on the American Stock Exchange today.
Conseco Inc. will consolidate operations and sell properties as part of a plan to pare down expenses.
The Secretary of the Treasury will hold a conference to examine the tax system's effect on U.S. businesses and economic growth.
