Simple Alternatives LLC, a startup mutual fund company focusing on hedge fund investments for registered investment advisers and small institutions, has hired Bruce MacDonald, 41, as its chief investment officer.
Speculating through exchange-traded funds isn't prudent for longer-term investors, according to John C. Bogle, who created the first index mutual fund in 1975.
James Walsh, the departing endowment chief at Cornell University, plans to start a $150 million hedge fund with performance fees that are spread out over three years.
Stinson hookwinked 260 investors in real estate investment scam, say prosecutors; claimed to be an MIT grad
Arrangement puts underwriter on retail par with other major firms
Jerry Pascucci, the chief investment officer for alternative investments at Morgan Stanley Smith Barney, is joining the U.S. wealth management unit of UBS AG to run alternatives for high-net-worth clients.
Dreman Value Management looks to dampen volatility by promoting Hoover to sole CIO; seeking 'alpha from more than a few stocks'
Although the run-up in emerging-markets debt may seem a little long in the tooth, a good case can still be made for purchasing these bonds.
After warning that deficit spending could force inflation higher, Warren E. Buffett shortened the duration of bonds held by his Berkshire Hathaway Inc.
Seizures, defaults on pace to hit record number; 'serious price depreciation'
Financial advisers are keeping a close eye on The Vanguard Group Inc.'s new Standard & Poor's 500 ETF to see how the exchange-traded fund performs and whether it can compete with State Street Global Advisors Inc.'s SPDR S&P 500 ETF (SPY).
Michael Burry, the former hedge fund manager who predicted the housing market's plunge, said he is investing in rich farmland, small technology companies and gold as he hunts for original ideas and braces for a weaker dollar.
The Charles Schwab Corp.'s move into active ETF management with the acquisition of Windward Investment Management Inc., which was announced today, didn't come as a surprise to advisers, who gave it high marks.
Bond giant, others say central bank set to embark on 'QE2' -- a second round of quantitative easing. The result? Yields will sink to Eisenhower-era levels
The party's almost over for the raucous debt markets, predicts Mark Gilbert. And the endgame is going to leave bond investors with a doozie of a headache.
Settlement of N.J. suit seen as opening salvo in crackdown on lax disclosure; 'harbinger'
