SPA ETFs, an affiliate of London & Capital, today launched its first U.S. equities-focused ETF on the American Stock Exchange.
Hedge funds pulled out of this summer’s market havoc, recording average returns of 2.44% for the third quarter, according to Morningstar Inc.
Financial advisers who are frustrated over perceived shortcomings in mutual-fund- rating systems soon will have a new prism through which to view funds.
State Street Global Advisors today launched three new fixed-income exchange traded funds on the American Stock Exchange.
In its quest to push for divestment in Sudan, the San Francisco Bay Area Darfur Coalition has decided to go underground to fight a major mutual fund company.
The Municipal Securities Rulemaking Board will consider amending Rule G-14 to heighten securities’ transparency.
Four prominent Major League Baseball players are major investors in a hedge fund that was launched last spring, according to Bloomberg.
Hundreds of exchange traded funds may not see the light of day, because seed capital for such funds is drying up.
Nebraska insurance director L.Tim Wagner died on Tuesday, according to the National Association of Insurance Commissioners.
Hedge fund investors are likely to get burned, said John Gunn, chief executive of Dodge & Cox.
ETF assets increased by 9.7% in September, as 15 new funds were launched, according to State Street.
Real estate investment managers raised about $23.5 billion in 285 private equity funds in the first half of the year, according to Ernst & Young.
The private-equity tax hike will not go gentle into that good night, according to published reports.
The Treasury is weighing a number of guidance projects, including one on hedge funds’ tax treatment of management fees.
Despite faltering performance for hedge funds in the last few months, fees aren't dropping anytime soon, Reuters reported.
The SEC today charged Sandell Asset Management Corp. with short-sale violations.
Hedge fund managers may be overvaluing prices on illiquid securities to keep investors in the game.
The fierce battle over an increased private-equity tax is stalling in the Senate, according to The Washington Post.
Emerging equity markets returned 13.81% in the quarter ended Sept. 30, more than six times the developed equity markets’ return of 2.07% in the same period.
More than two years after the launch of the first variable annuity based on exchange traded funds, VA providers and financial advisers are still ap-proaching the product with caution.
