Despite high-profile stories of hedge fund collapses in the last few weeks, two indexes showed overall gains for the industry.
A massive snafu is stopping 10,000 advisers affiliated with Linsco/Private Ledger Corp. from doing business online.
Firms are receiving the $35,000 that was promised upon the completion of the NASD-NYSE Reg merger.
Marsh & McLennan Cos. Inc. announced that earnings per share remained unchanged at 31 cents compared to the year-ago period.
The HFR Fund Weighted Composite Index increased 0.49% in July and is up 7.99% year-to-date.
Radar Logic has licensed its real estate data to three Wall Street firms that will allow investors to bet on which way residential real estate markets are headed.
Van Eck Global announced that it will launch an exchange traded fund based on nuclear energy.
Goldman Sachs Group Inc.'s flagship hedge fund fell 8% during the last week of July, according to Financial News.
Hennessee Group has been cleared in a lawsuit filed by a client who lost money in the collapsed hedge fund Bayou Group LLC.
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