Last year, returns at the fund topped 30% after it took over some assets from Amaranth Advisors.
Top funds operated by Fidelity Investments stopped voting against shareholder resolutions that urge disclosure of corporate political spending for the 2007 proxy season, according to a study by a group that advocates for transparency in political spending.
Goldman Sachs is aiming to raise up to $6 billion in an effort to patch up the tattered reputation of its hedge fund business.
Daniel Young will be responsible for the day-to-day management of the broker-dealer.
Rydex Investments of Rockville, Md., is hoping that a glitzy new marketing campaign that includes television commercials will help it overcome the head start its chief rival has taken with regard to inverse and leveraged exchange traded funds.
The Goldman Sachs Group today established Goldman Sachs Gives, a donor-advised charitable fund.
Claims now stand at 330,000, lower than earlier this month but still up from 322,000 at this time last year.
Seven of the 10 indicators were in negative territory, led by building permits and initial claims for unemployment insurance.
Consumer sentiment fell to the lowest level in two years, as rising fuel and food costs strained household budgets.
The Boston-based money manager reported earnings of $61.4 million, or 47 cents per share.
