Ex-hedge fund manager Samuel Israel III disappeared Monday, hours before he was to begin serving a 20-year sentence.
The data from RealtyTrac also showed a 48% increase in foreclosures year over year.
Select Sector ETFs aim to offer magnified and inverse exposure to indexes in the energy, financial, technology and health-care sectors.
Eliot L. Spitzer, former scourge of Wall Street, is thinking of starting a vulture fund, according to published reports.
Police are investigating the disappearance and possible suicide of Samuel Israel III, CEO of defunct hedge fund Bayou.
Fitch Ratings Inc. downgraded eight publicly traded homebuilders but affirmed ratings on five others.
While there has been a lot of talk among lawmakers and regulators about the so-called retailization of hedge funds, the one trend that has appeared to dominate the nearly $2 trillion hedge fund industry over the past decade has been the increased influence of institutional-class investors.
Activist groups urging fund firms to divest from companies doing business in Sudan are finding evidence that stocks of some of the companies have delivered lower returns than some of their peers that have no connection to the country.
The mutual fund industry, buffeted by volatile markets, unprecedented scandals and new competition, has had a tough time over the past 10 years.
During the past decade, 401(k) plans have elbowed defined benefit plans to become the primary retirement vehicle for most Americans.
Exchange traded funds were an oddity at the start of the decade.
Despite all the noise coming from lawmakers calling for increased regulatory oversight of hedge funds, many involved in the nearly $2 trillion industry don't think that regulators are ready, willing or able to try to get their arms around this increasingly diverse investment category.
In 2018, the mutual fund business will look much like today's, industry experts predict.
The platform will include eight product solutions, four mutual fund portfolios and the FundQuest ActivePassive Portfolio.
The joint venture expects to invest $50 million to $200 million per deal, covering a variety of hedge fund strategies.
The bond insurers are also facing downgrades from Moody's Investors Service.
The bond insurers are also facing downgrades from Moody's Investors Service.
The joint venture expects to invest $50 million to $200 million per deal, covering a variety of hedge fund strategies.
Alternative asset allocations increased to 28%, compared with 23% in the previous year.
Forward Management will buy Accessor Capital Management, creating a combined firm with $5 billion under management.
