The Hennessee Hedge Fund Index slipped 1.95% last month and was down 3.23% for the year-to-date.
Janus Capital Management LLC will begin sending out checks to investors Aug. 15 as restitution from its 2004 market-timing settlement.
The pending-home-sales index rose 5.3% in June, after hitting a six-year low in May, according the National Association of Realtors.
Products of some top fund companies included on Doug Fabian's roster.
Marsh & McLennan Cos. of New York reported that its second quarter profit fell 63%to $65 million, or 13 cents per share.
In response to the credit crisis, a group of financial industry executives unveiled a plan today to improve risk management.
Mario Gabelli plans to raise $200 million to buy a financial services, media or telecommunications company.
Samuel Israel III, founder of Bayou Group LLC, pled guilty to charges related to his attempts to jump bail and flee.
Dow Kim, former head of trading and investment banking, has shelved plans to launch a hedge fund, says Bloomberg.
Three new revenue rulings released by the Internal Revenue Service over the past few weeks are likely to have substantial effects on investors.
Demand for "green" investing is growing, studies show, but opinions vary widely on what makes an investment green.
The Vanguard Group Inc.'s handling of its lackluster U.S. Growth Fund threatens to tarnish the company's reputation for putting investors first.
For the first time in almost a decade, American Funds plans to launch a new equity fund.
If there is an upside to rising energy prices, it might be the increased awareness among consumers and retail investors of commodities and the effect they can have on the economy.
While U.S. marshals were hunting down convicted hedge fund fraudster Samuel Israel III, their agency was busy recovering most of his firm's remaining assets.
The SEC has voted unanimously to help investors find free financial information about muni bonds on the Internet.
Clients would be urged to obtain a personalized hypothetical illustration, revealing all applicable charges and fees.
The price of single-family homes in the country’s top 20 metropolitan markets posted the biggest year-over-year decline .
The member firms on the new committees have agreed to take a series of actions to enhance the U.S. covered-bond market.
The Hartford Financial Services Group's second-quarter profits fell to $543 million or $1.73 per diluted share.
