Investor appetite for hedge funds will be gauged as London-listed closed-end funds are expected to announce plans to raise a combined $612 million.
New legislation is being written as congressional interest in 401(k) fee disclosure rules heats up in advance of a round of hearings set for this week.
More clients are interested in charitable donations while they are still alive to oversee how the money is being spent.
Real estate manager Adelante Capital Management’s Adelante Shares subsidiary and XShares Advisors introduced seven equal-weighted REIT ETFs.
The Vanguard Group today filed for a new series of mutual funds designed to provide monthly payments to retirees.
Hedge funds are about to see billions wiped out as investors take their money and run, the Financial Times reported.
The PowerShares International Listed Private Equity Portfolio has generated quite a lot of buzz.
Total assets of the 546 ETFs listed in the U.S. rose 3.7% to $507.11 billion in August.
Two leaders in the asset management world will head efforts to define best practices for hedge funds.
Assets in Asia-based mutual funds—excluding those based in Japan—hit a high of $652 billion in 2006, according to a report from Boston-based Cerulli Associates.
The Vanguard Group yesterday filed with the Securities and Exchange Commission to offer three index funds.
The hedge fund industry has joined with Habitat for Humanity of New York to raise money and help working families achieve home ownership.
Morgan Stanley is in talks to purchase a 20% stake in Traxis Partners LP, a hedge fund founded by the company's former chief strategist, Barton Biggs.
Goldman Sachs Group Inc. and Kohlberg Kravis Roberts & Co. have backed out of their $8 billion buyout of audio equipment maker Harman International Industries Inc. of Washington.
Three hedge funds are set to pounce on Northern Rock, the British mortgage lender.
Envestnet Asset Management Inc. is bringing the PMC brand name back and giving the unit its own sales force.
After being beaten down as a result of the subprime-mortgage mess, junk bonds now look like big winners following last week’s interest rate cut by the Federal Reserve.
