Paulson & Co.'s John Paulson was paid $3.7 billion in 2007, surpassing George Soros, who received $2.9 billion.
Hedge fund managers prepared one set of recommendations; investors with money in the funds compiled the other.
Samuel Israel III, former CEO of the defunct Bayou hedge fund, was also ordered to pay $300 million in restitution.
Screening companies for their ties to countries deemed sponsors of terror is a concept that seems to intrigue investors.
Tomorrow is the deadline for filing income taxes, but investors are already thinking about ways to pay less next year — driving more to consider tax-managed mutual funds.
Responding to advisers who complain that the iShares brand means little to their clients, Barclays Global Investors is modifying its marketing.
As more companies begin to offer exchange traded notes, it's beginning to look like the small but growing ETN universe could one day be a competitor to mutual funds and exchange traded funds.
As Roger W. Ferguson Jr. takes the helm of TIAA-CREF today, he assumes control of a company that often frustrates financial advisers.
The era of declining mutual fund expenses is over, and in fact, the cost of investing in a fund may soon be headed back up.
The original thinking behind the development of the SmartGrowth ETF Lipper Optimal Growth Index Fund (LPGAX) was to create a viable alternative to traditional asset allocation models.
Expanding into what some industry observers see as a significant growth area, Sentinel Asset Management Inc. last week launched two funds focused on socially conscious investing.
Service providers to 401(k) plans should not be required to be fiduciaries of the plans, the Department of Labor is being told.
Headstart Advisers and its chief investment adviser, Najy N. Nasser, reaped $198 million in illicit profits, the SEC alleges.
Invesco PowerShares Capital Management also has launched an actively managed fixed-income ETF.
Baillie Gifford Overseas will be added as an adviser to its $6.9 billion Global Equity Fund and the $980 million Growth Equity Fund.
Jerry Bailey, former senior advisory director at Bear Stearns Merchant Bank, is joining Halcyon Asset Management.
Lord Abbett has lowered the front-end sales charge on three of its short-term, fixed-income mutual funds to 2.25%, from 3.25%.
The average asset-weighted expense ratio for mutual funds in 2007 was 0.90%, remaining flat from the previous year.
Having watched the as-sets under management in the <b>Henderson International Opportunities Fund</b> (HFOAX) double to $3.9 billion over the past year, manager Iain Clark is satisfied that the portfolio was positioned in advance to handle the flood of inflows.
The Hennessee Hedge Fund Index declined 1.9% last month and is off 3.5% year-to-date through March 31.
