Jim Pallotta, a fund manager at Tudor Investment Corp., will start his own investment firm in 2009.
Prudential Financial yesterday agreed to settle allegations from the SEC that it used reinsurance contracts to overstate its income by more than $200 million.
The Hennessee Hedge Fund Index slipped 1.95% last month and was down 3.23% for the year-to-date.
The pending-home-sales index rose 5.3% in June, after hitting a six-year low in May, according the National Association of Realtors.
In response to the credit crisis, a group of financial industry executives unveiled a plan today to improve risk management.
Janus Capital Management LLC will begin sending out checks to investors Aug. 15 as restitution from its 2004 market-timing settlement.
Products of some top fund companies included on Doug Fabian's roster.
Samuel Israel III, founder of Bayou Group LLC, pled guilty to charges related to his attempts to jump bail and flee.
Dow Kim, former head of trading and investment banking, has shelved plans to launch a hedge fund, says Bloomberg.
Demand for "green" investing is growing, studies show, but opinions vary widely on what makes an investment green.
Three new revenue rulings released by the Internal Revenue Service over the past few weeks are likely to have substantial effects on investors.
For the first time in almost a decade, American Funds plans to launch a new equity fund.
The Vanguard Group Inc.'s handling of its lackluster U.S. Growth Fund threatens to tarnish the company's reputation for putting investors first.
If there is an upside to rising energy prices, it might be the increased awareness among consumers and retail investors of commodities and the effect they can have on the economy.
While U.S. marshals were hunting down convicted hedge fund fraudster Samuel Israel III, their agency was busy recovering most of his firm's remaining assets.
The SEC has voted unanimously to help investors find free financial information about muni bonds on the Internet.
The socially concious mutual fund was fined $500,000 for violating investment restrictions.
The member firms on the new committees have agreed to take a series of actions to enhance the U.S. covered-bond market.
The price of single-family homes in the country’s top 20 metropolitan markets posted the biggest year-over-year decline .
There were 106 hedge fund launches in Europe in the first half of 2008, a 45% decrease from a year ago.
