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ALTERNATIVES JUL 31, 2007
JPMorgan grows Asia hedge fund unit

JPMorgan Hedge Fund Services has expanded its Asia business with a pair of hires in its Hong Kong office.

ALTERNATIVES JUL 31, 2007
Cox: No need for hedge fund legislation yet

The SEC doesn’t need legislation right now to beef up its oversight of the hedge fund industry, SEC Chairman Christopher Cox said today.

ALTERNATIVES JUL 30, 2007
Hedge fund registrants on decline

Hedge fund advisers opting to register with the SEC increased by only 1.5% this year.

RETIREMENT PLANNING JUL 30, 2007
401(k) sponsors want auto features

One of the biggest changes occurring in the retirement marketplace is an increase in automatic features.

ETFS JUL 30, 2007
Claymore launches upscale ETF

Claymore Securities Inc. has launched an exchange traded fund designed to profit off of companies in the luxury goods-and-services market.

ALTERNATIVES JUL 30, 2007
Citadel acquires Sowood portfolio

Citadel Investment Group LLC, one of the world's largest hedge funds, agreed to take over the credit portfolio of Sowood Capital Management LP.

ALTERNATIVES JUL 27, 2007
Fortress shares fall below IPO price

Shares of Fortress Investment Group LLC today dipped below the price at which the hedge fund and private-equity manager filed its initial public offering in February.

LIFE INSURANCE AND ANNUITIES JUL 27, 2007
Insurers, asset manager book 2Q gains

The Hartford generated second-quarter core earnings per share of $2.39, up 31% from the same period last year.

ALTERNATIVES JUL 27, 2007
Bear cashes out failed fund

Bear Stearns has seized the assets from one of its troubled hedge funds, according to published reports.

ALTERNATIVES JUL 27, 2007
Agus to helm Goldman's hedge fund

The head of Goldman Sachs’s equity proprietary trading desk will start a hedge fund inside the firm, said a report.