The tax-services giant reported a first-quarter net loss of $302.86 million, or $0.93 per share.
Cheyne Capital Management is asking SIV investors to refinance to put off an enforced asset sale, published reports said.
Investment companies will now be able to invest in the company’s ETFs beyond the limits of Section 12(d)-1.
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.
Cheyne Capital Management, a London-based independent hedge fund manager, may be forced to liquidate some assets to repay its creditors.
MSC is the subject of a complaint by FINRA concerning the firm's allegedly shoddy VA bookkeeping.
The second-quarter inflows pushed industry assets to an estimated $1.67 trillion.
The claim centers on investments in Collateralized Mortgage Obligations, or CMOs.
Shaky market conditions in August bit off 8% of Tudor Investment Corp.’s Raptor Global Fund, according to Reuters.
