Hedge funds have beaten out the major indicators in the month of June.
Runaway hedge fund manager Michael Berger, whose U.S. fund lost $400 million, was caught in Austria last week, according to published reports.
Two-thirds of defined benefit pension sponsors have either closed their plans to new hires or have frozen such pensions for all participants in the last two years.
In an unexpected move, Lincoln Financial Group announced that its chairman and CEO will retire on Sept. 1.
TD Ameritrade will not open its books to two hedge funds that have urged it to consider a sale or merger.
Presidential candidate John Edwards stands behind proposed tax hikes for private-equity and hedge fund managers, the Wall Street Journal reported.
A controversial proposal to raise wealth qualifications in alternative investments is being put on hold by the SEC.
Morgan Stanley has bought Daewoo Engineering & Construction Co.'s Seoul headquarters for $1.04 billion, published reports said.
The cost of fighting money laundering has risen 58% since 2004, according to a survey by KPMG.
Ben Edwards III, a former chief executive of A.G. Edwards Inc., is not happy about his family firm’s merger with Wachovia Corp.
