Claymore Securities Inc. has launched an exchange traded fund designed to profit off of companies in the luxury goods-and-services market.
Citadel Investment Group LLC, one of the world's largest hedge funds, agreed to take over the credit portfolio of Sowood Capital Management LP.
Shares of Fortress Investment Group LLC today dipped below the price at which the hedge fund and private-equity manager filed its initial public offering in February.
Bear Stearns has seized the assets from one of its troubled hedge funds, according to published reports.
The head of Goldman Sachs’s equity proprietary trading desk will start a hedge fund inside the firm, said a report.
Leon Black could hold a stake worth $3 billion once the private equity firm sells part of itself to investors, the New York Post reported.
The new ETF tracks the Morgan Stanley Capital International Europe, Australasia and Far East index.
Fortress Investment Group today closed a pair of funds with a final total of $5 billion in third-party commitments.
Amaranth Advisors LLC and a pair of its traders face $291 million in penalties for price manipulation, the Federal Energy Regulatory Commission said today.
SEC chairman Christopher L. Cox delivered Congress a "white paper" calling for upgrades to accounting and disclosure in the municipal securities market.
Former hedge fund trader Mark Lenowitz pleaded guilty to profiting from inside tips allegedly leaked by a former UBS executive.
The $14 billion hedge fund manager run by billionaire Steven Cohen is considering selling up to 20% of itself in a private offering.
The U.S. Commodity Futures Trading Commission today filed civil charges against Amaranth Advisors LLC and its ex-head energy trader Brian Hunter.
Hedge funds pulled in $58.7 billion in new flows during the second quarter, according to Hedge Fund Research.
An article about Credit Suisse/Tremont hedge fund indexes revising performance data did not include a correct comparison of indexes.
PHILADELPHIA — Morningstar Inc., the mutual fund research company, is backing off its long-held position that fund boards that oversee multiple funds are less effective stewards than those responsible for just a few funds.
BOSTON — Say goodbye to the Green Mountain Boy. As part of an ambitious growth strategy designed to get its mutual funds noticed by distributors, Montpelier, Vt.-based Sentinel Asset Management Inc. is retiring its decades-old icon.
The Robin Hood Foundation said it would stop investing in its donors’ and board members’ hedge funds.
The failing subprime mortgage market caused a hedge fund index to revise its performance returns.
Hedge Fund Research Inc. today introduced five new indices to track hedge fund performance in Asian markets.
