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.
A group of investors in Bear Stearns’ two deflated hedge funds want to replace the funds’ general partner and director.
Hedge funds overall experienced outflows of $32 billion in July, according to data from the TrimTabs/Barclay Hedge Fund Report.
Van Eck Global launched the Market Vectors-Agribusiness ETF on the American Stock Exchange today.
Nationwide Financial Services Inc. has kicked off enhancements to its Lifetime Income Rider.
ETF Insider's ETF 50 Index increased by 0.6% in August, following two consecutive months of declines.
New York City houses the bulk of the investment banking industry, but it holds second place when it comes to weekly pay.
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.
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.
A judge denied bankruptcy protection for its two failed hedge funds and refused to protect the firm from U.S. lawsuits.
Cheyne Capital Management is asking SIV investors to refinance to put off an enforced asset sale, published reports said.
Hedge funds have become the big fish in the debt-trading pool, according to a report by Greenwich Associates.
The First Trust Dow Jones STOXX Select Dividend 30 Index was launched as an exchange traded fund.
Gordon Robert Moore was indicted by a Colorado grand jury on 45 counts of theft, securities fraud and forgery.
Investment companies will now be able to invest in the company’s ETFs beyond the limits of Section 12(d)-1.
Cheyne Capital Management, a London-based independent hedge fund manager, may be forced to liquidate some assets to repay its creditors.
The second-quarter inflows pushed industry assets to an estimated $1.67 trillion.
London & Capital Investment Advisors Inc. of Miami, the U.S.-based unit of London & Capital PLC, today announced its plan to launch a range of alternative absolute return investment strategies.
