The Raptor Fund fell 9% last month, while Caxton Associates' flagship hedge fund fell about 3%.,
Waddell & Reed will offer its advisers updated technology and a new outside platform for its top 300 reps.
Bear Stearns and several of its asset management employees are the subject of an arbitration claim by an investor who suffered losses in one of the company’s structured credit hedge funds.
Lehman Brothers launched the Lehman Brothers Municipal Index Swap, according to published reports.
For the second consecutive year, LPL Financial Services is giving a bump to its bigger-producing registered reps.
A third Bear Stearns hedge fund is in trouble due to the subprime mortgage market, according to published reports.
The SEC doesn’t need legislation right now to beef up its oversight of the hedge fund industry, SEC Chairman Christopher Cox said today.
Private equity executives today warned the Senate that higher taxes on carried interest would severely harm enterprises.
Account balances for workers who consistently held 401(k)s from 1999 to 2006 increased at an annual rate of 8.7%.
JPMorgan Hedge Fund Services has expanded its Asia business with a pair of hires in its Hong Kong office.
