Putnam Investments tomorrow will lay off about 260 employees, roughly 10% of its work force, mostly from distribution and operations.
When it comes to regulatory oversight of the hedge funds industry, it is no longer a question of if it will happen but when, according to industry representatives speaking today at a conference in Key Biscayne, Fla.
The new hedge fund reality places even greater emphasis on due diligence, but it doesn’t mean that investors should start ignoring or abandoning the alternative asset class.
The hedge-fund-of-funds sector in Europe may lose three-quarters of its assets, compared with the beginning of 2008.
Morningstar hedge fund database will become the foundation for a research platform that gives qualified investors a closer look at more than 7,500 hedge funds.
Led by the Social Investment Forum, more than 50 organizations are calling on President Obama to establish an Office of Innovation in Corporate Responsibility within the White House.
Mutual fund companies are be-ginning to churn out products that focus on delivering absolute, rather than relative, returns.
Investors expect mutual fund boards to fight for lower fees, but in this market environment, that is unlikely to happen.
While few mutual funds delivered positive returns last year, some of the biggest losers ultimately could deliver the largest tax benefit to investors, as accumulated net capital losses may offset future gains.
Van Eck Global has launched a high-yield municipal bond exchange traded fund, the Market Vectors High-Yield Municipal Fund (HYD).
Pimco today launched a global bond mutual fund, the Pimco Global Advantage Strategy Bond Fund (PSAIX).
The ICCR has compiled “climate-risk profiles” on more than 150 companies that are the subjects of 2009 shareholder resolutions.
Hedge funds appear to be moving back into positive territory after wrapping up one of the industry’s worst years on record.
Regulators and members of the futures industry met before the House Agriculture Committee to debate the regulation of credit default swaps and other derivatives.
Homebuyers took advantage of low mortgage rates and falling home prices in December as pending sales of existing homes shot up more than 6% from the previous month.
Curian Capital LLC has introduced limited exposure to alternative-class investments on its separately managed accounts platform.
Municipalities stepped up their issuance of bonds by 5.3% in January, from a year ago, according to The Bond Buyer.
The majority of hedge funds based in the United States are voluntarily registering with the Securities and Exchange Commission, according to Hedge Fund Research Inc. in Chicago.
Actively managed exchange traded funds may finally start to take off as mutual fund companies look to differentiate themselves in a tough market, according to some industry experts.
Investing according to strict environmental, social and governance principles is fast gaining acceptance among U.S. investors.
