They are the ultimate go-anywhere funds — global funds that can invest virtually anywhere, regardless of geography — and they are growing in number.
Insurance agents who work primarily with equity index annuities say the Securities and Exchange Commission's proposal to regulate the products as securities would impose greater costs on their firms and hand over control of their production to broker-dealers.
The Loomis Sayles Small Cap Value Fund was launched May 13, 1991, and has $1 billion in assets under management.
Investors in Sandelman Partners $3.2 billion multistrategy hedge fund have been barred from making withdrawals.
Mutual funds voted in favor of management proposals more than 90% of the time in 2007, an ICI study found.
Hedge Fund Research Inc.'s Fund Weighted Composite Index fell 0.68% in June and is down 0.75% this year.
The new ETF is designed to provide access to certain equity markets in the Middle East and North Africa.
Thirty-five new hedge funds with a total of $19.5 billion in assets were launched in the Americas during the first six months of this year.
The ratings have been raised to “buy,” from “hold,” and the target price has been upped to $33 per share, from $30.
As it faces $6 billion in new write-downs, Merrill Lynch may sell its BlackRock and Bloomberg interests.
Investors, brokers and analysts believe the current bond-rating system should be reformed.
Banc of America Securities cuts its earnings estimates and price targets on Blackstone Group and Fortress Investment Group.
London-based hedge fund taps emerging markets expert to run a $1.2 billion special situations fund.
The Alternative Investment Management Association is preparing the first-ever practice standards for funds of hedge funds.
Hedge fund fugitive Samuel Israel today told a judge that he unsuccessfully tried to overdose on drugs.
Investors can bet on the price of oil going up or down or hedge other investments with the securities.
Former chief executive Martin Sullivan's package includes equity and cash awards valued around $28 million.
The Baltimore-based firm will contribute $240 million to bail out three money market funds of one of its subsidiaries.
Hedge fund performance replication has come to the mutual fund industry in the form of the IQ Alpha Hedge Strategy Fund.
Hedge fund investors now have the ability to insure themselves against fraud or even the allegation of fraud.