NEW YORK — The rich are different, and so are their insurance needs, but many wealthy people may be leaving themselves unprotected, according to personal-lines-property-casualty-insurance specialists.
The Blackstone Group has found a way to dodge billions in taxes, The New York Times reported.
Advisers can now produce on-the-fly internal rate of return and daily time weighted return rates of return for their clients.
The Greenwich Global Hedge Fund Index increased 1.07% in the month of June, beating out the major market benchmarks.
WisdomTree Trust will launch a new dividend-weighted exchange traded fund tomorrow on the NYSE.
Barclays has added Aaron Tan as managing director and head of Hong Kong coverage, Finance Asia reported.
Mutual funds will now be subject to a new rule that prohibits fraud in hedge funds and other private investment pools.
The House Financial Services Committee heard testimony about risks hedge funds may pose to the investors and the economy.
ETF assets fell to $478 billion in June from $480 billion in May, according to State Street Global Advisors.
The Senate Finance Committee is scrutinizing a bill that could raise taxes paid by hedge fund managers and private equity heads.
