Bear Stearns will chip in up to $3.2 billion to help one of its struggling hedge funds
State Street Global Advisors said that its SPDR Standard & Poor's BRIC 40 ETF will begin trading on the American Stock Exchange today.
Hedge fund Ritchie Capital has filed for bankruptcy for two of its life insurance units that lost $700 million in policies.
Treasury Secretary Henry Paulson will propose an anti-money laundering framework for small banks tomorrow, The Wall Street Journal said.
Maurice R. Greenberg has sued current and former AIG directors and management, as well as PricewaterhouseCoopers.
Investors who won big during China’s stock market rise are looking to cash in on its possible decline, the Wall Street Journal said.
HFR has introduced the HFRX Diversity Index, designed to reflect the performance of the minority- and women-owned hedge funds.
Two Bear Stearns hedge funds that invested heavily in securities backed by subprime mortgage loans are close to being shut down.
The SEC voted to allow mutual funds to submit data on their risks and returns in an interactive electronic format.
The London Stock Exchange has launched a new electronic trading system which promises to execute trades in 10 milliseconds.
Noted academic Frank J. Fabozzi will serve as senior adviser to ETF and index research firm IndexIQ Inc.
Pyramis Global Advisors, a Fidelity Investments Co. subsidiary, has appointed Daniel E. Crowe as a portfolio manager of mid-cap growth equities for institutional clients.
Bear Stearns Broker-Dealer & Investment Advisor Services has expanded its mutual fund platform.
Hedge fund net inflows picked up $20.7 billion during the first quarter, bringing 12-month inflows to $99.3 billion.
The cost of owning mutual fund shares fell to the lowest levels in more than a quarter century last year.
Compensating brokers for servicing mutual fund shareholders was anticipated by the SEC when it first adopted12(b)-1 fees in 1980.
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.
Goldman Sachs Asset Management’s net inflows for alternative investments have trickled down to nothing.
The American Stock Exchange has begun trading in First Trust Value Line 100 exchange traded fund, an ETF converted from a closed-end fund.
