Poor performance by hedge funds has driven some brokerage firms to reduce services to the funds, including financing, the Wall Street Journal reported today.
While equity markets have shown little signs of rebounding, hedge fund strategies considerably improved their performance last month.
Iceland’s economic meltdown, fueled by its exposure to foreign debt, could bring the country to the brink of failure, according to research from Hennessee Group.
Investors in stock mutual funds added modestly to their portfolios in January, reversing seven straight months of net redemptions.
The stock market may be reeling, but small fund groups are faring better than bigger ones — at least in terms of bringing in fresh cash.
Pacific Investment Management Co. LLC recently unveiled its first global bond index.
Although financial advisers generally welcome new exchange traded funds that invest in municipal bonds, some industry experts question whether they are the best way to access such an opaque market.
Mutual fund wrap accounts, sometimes seen as a retail-class underling to more sophisticated separately managed accounts, are gaining a bigger following.
Absolute-return investing is an innovative strategy because it focuses on pursuing returns while still managing risk.
The Hartford (Conn.) Financial Services Group Inc. yesterday said that would no longer be able to participate in a federal commercial paper program.
The current market turbulence combined with some spectacular scandals has not yet jarred institutional investors from their investment strategies.
The outlook for a quick rebound in the European economy is weak.
A brutal 2008 will mean that a majority of Asian hedge funds will not charge performance fees, according to published reports.
Shareholder activism is likely to surge this spring through efforts to withhold votes for individual directors, seek more investor input on executive and other efforts.
A stringent plan to regulate hedge funds that is backed by Obama administration aide Paul Volcker won the support today of an influential Democratic senator.
The Hartford (Conn.) Financial Services Group received approval from the Connecticut insurance commissioner to change accounting practices.
Insurers are eager to continue developing products in the variable annuity arena — with the search for ways to reduce risk as a top priority.
The Retirement Income Industry Association gave a sneak peek into an initiative designed to encourage financial advisers to take a risk management approach.
Providers will push forward with the development of the income guarantee paired with a unified managed account, and with other vehicles, despite hurdles.
Putnam Investments tomorrow will lay off about 260 employees, roughly 10% of its work force, mostly from distribution and operations.
