Federal court trials have started for Gregory L. Reyes, former chief executive of Brocade Communications.
Bear Stearns’ investment bank may lend $1.5 billion to save one of the company's struggling hedge funds, according to a Wall Street Journal report.
Compensating brokers for servicing mutual fund shareholders was anticipated by the SEC when it first adopted12(b)-1 fees in 1980.
Hedge fund net inflows picked up $20.7 billion during the first quarter, bringing 12-month inflows to $99.3 billion.
Pyramis Global Advisors, a Fidelity Investments Co. subsidiary, has appointed Daniel E. Crowe as a portfolio manager of mid-cap growth equities for institutional clients.
Bear Stearns Broker-Dealer & Investment Advisor Services has expanded its mutual fund platform.
The cost of owning mutual fund shares fell to the lowest levels in more than a quarter century last year.
Direct investments by endowments, foundations and corporate pension funds represent a quarter of the assets of the world's largest hedge funds.
The American Stock Exchange has begun trading in First Trust Value Line 100 exchange traded fund, an ETF converted from a closed-end fund.
Goldman Sachs Asset Management’s net inflows for alternative investments have trickled down to nothing.
