Investors will be the ultimate winners if a Securities and Ex-change Commission proposal to permit exchange traded funds to operate without having to obtain individual exemptive orders becomes a reality.
The Hennessee Hedge Fund Index advanced 1.4% in February but remains down 1.2% for the first two months of the year.
Turmoil in the bond market was a factor in the formation of the Regional Bond Dealers Association, based in Alexandria, Va.
Ambac will seek to raise capital through a $1 billion common stock offering, plus a $500 million public offering of equity units.
Hedge fund assets grew by only 10% in the second half of the year, marking the smallest half-year increase since 2002.
The bond insurer has decided against splitting into two entities, as it prepares to receive up to $3 billion in cash.
ETFs could start up more easily and mutual funds could make larger investments in them under the proposal.
The suits were filed in U.S District Court in Manhattan by the $58 million VCG Special Opportunities Master Fund.
"I would say, by any common-sense definition, we are in a recession," said Warren Buffett, CEO of Berkshire Hathaway.
Dodge & Cox's intention to launch a global-stock fund in April or May has observers trying to read the tea leaves.
The investment community appears to be catching on to the idea behind the Rydex Managed Futures Strategy (RYMFX), a first-of-its-kind registered mutual fund that provides synthetic exposure to the futures markets.
Exchange traded funds that are based on fundamental indexes have ballooned in number, but they are having a hard time attracting assets.
Mutual fund companies are arming their wholesalers with new tools to help financial advisers manage client anxiety about the roller-coaster markets and unsettling financial news.
Financial advisers know little of William McNabb III, who today replaces John J. Brennan as president of The Vanguard Group Inc. and who will be taking Mr. Brennan's position of chief executive in about a year.
The push for actively managed exchange traded funds, the Holy Grail of the ETF industry, is intensifying.
Exchange traded funds are one of the fastest-growing investment vehicles, but until now, they have been passive investments.
The big hit clean energy stocks have taken this year is just an expected correction, not the end of a fad, green-investing advocates say.
Investors have seized two Bear Sterns hedge funds, in hopes that they will gain a chance to meet the company in court, according to the Financial Times.
