Citadel Investment Group LLC, one of the world's largest hedge funds, agreed to take over the credit portfolio of Sowood Capital Management LP.
One of the biggest changes occurring in the retirement marketplace is an increase in automatic features.
Claymore Securities Inc. has launched an exchange traded fund designed to profit off of companies in the luxury goods-and-services market.
Hedge fund advisers opting to register with the SEC increased by only 1.5% this year.
The Hartford generated second-quarter core earnings per share of $2.39, up 31% from the same period last year.
Shares of Fortress Investment Group LLC today dipped below the price at which the hedge fund and private-equity manager filed its initial public offering in February.
The head of Goldman Sachs’s equity proprietary trading desk will start a hedge fund inside the firm, said a report.
Bear Stearns has seized the assets from one of its troubled hedge funds, according to published reports.
Democratic presidential candidate John Edwards wants to raise the capital gains tax from 15% to 28%.
FSC Securities of Atlanta was taken to task in a recent NASD arbitration panel decision.
