The iShares S&P National Municipal Bond Fund from Barclays Global Investors won’t be the last.
The subprime-mortgage crisis, pushed along by the high-profile collapse of two Bear Stearns Cos. Inc. hedge funds this summer, is turning out to be a boon for money managers looking to pick up bargains.
Recent market volatility has been good for ProShare Advisors LLC. The gyrations have drawn attention to its 52 exchange traded funds, all of which use leverage to provide short or magnified exposure to various indexes.
It’s only nine in the morning on this late-July day, but Tom Ensign’s white dress shirt is already blotted with dark circles of perspiration. Mr. Ensign, president and chief executive of Provest Management Group, is standing on a football field under a blazing-hot sun, which still is rising in a cloudless blue sky. The pungent smell of earth and grass hangs languidly in the hot, thick air.
Another threat to hedge fund managers: A new proposal may keep them from deferring taxes on compensation, The Wall Street Journal reports.
A steep fall in bonds has led to speculation that China may be pulling its funds from the U.S., The Telegraph said.
Van Eck Global launched the Market Vectors-Agribusiness ETF on the American Stock Exchange today.
Hedge funds overall experienced outflows of $32 billion in July, according to data from the TrimTabs/Barclay Hedge Fund Report.
A group of investors in Bear Stearns’ two deflated hedge funds want to replace the funds’ general partner and director.
New York City houses the bulk of the investment banking industry, but it holds second place when it comes to weekly pay.
ETF Insider's ETF 50 Index increased by 0.6% in August, following two consecutive months of declines.
Nationwide Financial Services Inc. has kicked off enhancements to its Lifetime Income Rider.
PHILADELPHIA — Despite concerns from financial advisers, more mainstream mutual fund companies are spicing up their fund lineups with products that employ strategies long used by hedge funds.
CHICAGO — The seemingly endless quest for cost-effective alternative investments has increased the interest in collective trusts among employee benefit plan sponsors and financial advisers, though concern about transparency remains a hurdle.
A judge denied bankruptcy protection for its two failed hedge funds and refused to protect the firm from U.S. lawsuits.
Gordon Robert Moore was indicted by a Colorado grand jury on 45 counts of theft, securities fraud and forgery.
Cheyne Capital Management is asking SIV investors to refinance to put off an enforced asset sale, published reports said.
Investment companies will now be able to invest in the company’s ETFs beyond the limits of Section 12(d)-1.
The First Trust Dow Jones STOXX Select Dividend 30 Index was launched as an exchange traded fund.
Hedge funds have become the big fish in the debt-trading pool, according to a report by Greenwich Associates.
