James Boyle the third former Merrill exec to depart Chicago-based firm in a year
Regulator eyes cozy relationship between asset managers and hedgies, PE execs; 'proactive approach'
Stanley Druckenmiller, the hedge- fund icon who boasts one of the best long-term trading records and the distinction of having made $1 billion for George Soros by forcing a devaluation of the British pound in 1992, is closing his firm after 30 years.
With plenty of cash, private-equity funds are on the prowl; 'deal activity accelerating'
Chalk up another hard-earned lesson from the financial crisis: Investors in limited partnerships, the structure of choice for most alternative investments, discovered that giving up liquidity in exchange for higher returns wasn't such a good idea after all.
Over the past 30 years, investors have achieved diversification through a blend of stocks, high-quality bonds and cash.
Real estate money managers are still losing assets, but the outflows look to be slowing from the massive hemorrhage of 2008-09.
John Henry, principal owner of the Boston Red Sox, made his fortune buying and selling commodities — one of the most volatile plays in the investment universe. But with his surprise investment in Liverpool Football Club, the buttoned-down billionaire has entered a whole new realm of ups and downs.
Access to the public-equity and debt markets continues to boost performance among real estate investment trusts, according to the latest report from the National Association of Real Estate Investment Trusts.
Financial advisers continue to work overtime to steer clients through the biggest housing slump in decades.
Citigroup Inc.'s private bank will triple the number of hedge funds such as Paulson & Co. that its wealthy clients can invest in, under a push to increase money-management revenue.
Russell Investments still needs to figure out what it wants to be when it grows up.
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.
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
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.
Seizures, defaults on pace to hit record number; 'serious price depreciation'
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.
