The Greenwich Global Hedge Fund Index increased 1.07% in the month of June, beating out the major market benchmarks.
WisdomTree Trust will launch a new dividend-weighted exchange traded fund tomorrow on the NYSE.
ETF assets fell to $478 billion in June from $480 billion in May, according to State Street Global Advisors.
The House Financial Services Committee heard testimony about risks hedge funds may pose to the investors and the economy.
Mutual funds will now be subject to a new rule that prohibits fraud in hedge funds and other private investment pools.
The Senate Finance Committee is scrutinizing a bill that could raise taxes paid by hedge fund managers and private equity heads.
Claymore Securities Inc. has teamed up with Zacks Investment Research to launch two exchange traded funds on the American Stock Exchange today.
Conseco Inc. will consolidate operations and sell properties as part of a plan to pare down expenses.
New York Life Insurance Co. has promoted Gary Scofield to senior vice president and chief actuary.
Hedge funds have beaten out the major indicators in the month of June.
Runaway hedge fund manager Michael Berger, whose U.S. fund lost $400 million, was caught in Austria last week, according to published reports.
TD Ameritrade will not open its books to two hedge funds that have urged it to consider a sale or merger.
In an unexpected move, Lincoln Financial Group announced that its chairman and CEO will retire on Sept. 1.
Presidential candidate John Edwards stands behind proposed tax hikes for private-equity and hedge fund managers, the Wall Street Journal reported.
A controversial proposal to raise wealth qualifications in alternative investments is being put on hold by the SEC.
The cost of fighting money laundering has risen 58% since 2004, according to a survey by KPMG.
PHILADELPHIA — Although iPath exchange traded notes have amassed more than $2.6 billion since making their debut more than a year ago, their appeal remains a mystery to some industry experts.
Cynthia Keithley, principal of Keithley Investment Group LLC, goes to almost any length to serve her small-fry clients.
BOSTON — Fidelity Investments and American Funds lagged behind The Vanguard Group Inc. in stock and bond mutual fund sales for this year through May as investor appetite for low-cost index and exchange traded funds increased.
Forget expense ratios. Portfolio trading costs can be an even bigger drag on mutual fund performance.
