Angelo Haligiannis was arrested in Greece and then freed pending an extradition hearing next week.
The variable annuity has a withdrawal base that will grow at least 7% annually during its first 10 years.
The Securities and Exchange Commission has begun its voluntary electronic filing program for mutual funds.
Equity markets pulled back during June, but hedge funds still posted positive returns, according to the Lipper Hedge Funds Insight report.
The lack of a benchmark is impeding the growth of target-date funds, according to The Vanguard Group.
Total assets under management globally in ETFs are expected to top $2 trillion by 2011, up from $669 billion as of June 30, according to a report by Morgan Stanley.
Chimera Investment Corp., a newly formed specialty finance company that will invest in mortgages, filed to raise up to $250 million through an initial public offering.
Michael S. Flanagan has been named managing director within the Aon Technology Group, which is part of Aon Risk Services.
Country songs aren’t just about losing your dog, your truck and your wife—they’re also about losing your hedge fund.
XShares filed a registration statement with the SEC to offer ETFs in AirShares EU Carbon Allowances Fund.
Goldman Sachs has slashed fees for its Global Equity Opportunities hedge fund.
Performance was negative in July for 12 of 21 hedge fund indexes created by Hedge Fund Research.
Kohlberg Kravis Roberts is forging on with its IPO despite treacherous conditions in the credit markets.
As skittish investors run away from risk, fund managers expect to see a pile of redemption notices tomorrow.
The Senate is investigating another tax perk enjoyed by the hedge fund industry.
Goldman Sachs’s Global Equity Opportunities fund lost $1 billion last week, prompting a $3 billion injection.
Some ETF providers are asking the SEC for exemption from a part of Regulation NMS, CCH Wall Street reported.
PHILADELPHIA — Morgan Stanley’s plans to take its MSCI Inc. index unit public is raising concerns about conflicts of interest that may arise when an index company must answer to shareholders.
Coby Brooks, the son of the late founder and owner of the Hooters restaurant chain, is in an estate battle with his father's widow, arguing that a commonly used estate law is unconstitutional.
The SEC has settled with General American Life Insurance Company and a former executive for late trading.
