Hedge fund net inflows picked up $20.7 billion during the first quarter, bringing 12-month inflows to $99.3 billion.
Compensating brokers for servicing mutual fund shareholders was anticipated by the SEC when it first adopted12(b)-1 fees in 1980.
The cost of owning mutual fund shares fell to the lowest levels in more than a quarter century last year.
Bear Stearns’ investment bank may lend $1.5 billion to save one of the company's struggling hedge funds, according to a Wall Street Journal report.
Direct investments by endowments, foundations and corporate pension funds represent a quarter of the assets of the world's largest hedge funds.
The American Stock Exchange has begun trading in First Trust Value Line 100 exchange traded fund, an ETF converted from a closed-end fund.
Goldman Sachs Asset Management’s net inflows for alternative investments have trickled down to nothing.
Insurers increasingly are using trail commissions for fixed annuities to give finan-cial advisers an additional incentive to cultivate long-term client relationships.
The latest challenge to the $1.3 trillion hedge fund industry could be strategies that produce hedge-fund-like performance without the hassles of investing in hedge funds.
The debate over abolishing or reforming the practice of soft dollars to curb perceived conflicts of interest was reopened recently, and some industry experts are considering the potential effect on hedge funds should the discussion reach Congress.
PHILADELPHIA — Rydex Investments is emphasizing its exchange traded funds in talks with firms interested in acquiring the company, according to sources.
Columbia Acorn has increased the minimum initial investment for Columbia Acorn Select accounts from $50,000 to $100,000.
Borrowers are turning to other providers, but don’t expect banks to die out any time soon, the Fed chief said today.
Taxing some private equity firms as corporations could result in the funds themselves being taxed the same way.
Barclays Global Investors of San Francisco has launched the iShares Dow Jones EPAC Select Dividend Index ETF on NYSE Arca today.
Marsico Capital Management founder and chief executive Thomas F. Marsico has agreed to buy back management firm from Bank of America.
The Vanguard Group Inc. today said it has added AXA Rosenberg Investment Management LLC to the advisory teams of the $12.8 billion Vanguard Explorer Fund and the $1.6 billion Vanguard U.S. Value Fund.
The Bear Stearns Cos. Inc. is liquidating holdings from a recently formed hedge funds after it lost money on subprime mortgage bonds.
AIG has sued former chairman Maurice R. Greenberg and ex-CFO Howard I. Smith for more than $1 billion in damages, published reports said.
Hedge managers should pay more than double their current tax rate, said a former Treasury secretary.
