Pyramis Global Advisors, a Fidelity Investments Co. subsidiary, has appointed Daniel E. Crowe as a portfolio manager of mid-cap growth equities for institutional clients.
Bear Stearns Broker-Dealer & Investment Advisor Services has expanded its mutual fund platform.
Hedge fund net inflows picked up $20.7 billion during the first quarter, bringing 12-month inflows to $99.3 billion.
The cost of owning mutual fund shares fell to the lowest levels in more than a quarter century last year.
Compensating brokers for servicing mutual fund shareholders was anticipated by the SEC when it first adopted12(b)-1 fees in 1980.
Bear Stearns’ investment bank may lend $1.5 billion to save one of the company's struggling hedge funds, according to a Wall Street Journal report.
Direct investments by endowments, foundations and corporate pension funds represent a quarter of the assets of the world's largest hedge funds.
Goldman Sachs Asset Management’s net inflows for alternative investments have trickled down to nothing.
The American Stock Exchange has begun trading in First Trust Value Line 100 exchange traded fund, an ETF converted from a closed-end fund.
The latest challenge to the $1.3 trillion hedge fund industry could be strategies that produce hedge-fund-like performance without the hassles of investing in hedge funds.
The debate over abolishing or reforming the practice of soft dollars to curb perceived conflicts of interest was reopened recently, and some industry experts are considering the potential effect on hedge funds should the discussion reach Congress.
PHILADELPHIA — Rydex Investments is emphasizing its exchange traded funds in talks with firms interested in acquiring the company, according to sources.
Barclays Global Investors of San Francisco has launched the iShares Dow Jones EPAC Select Dividend Index ETF on NYSE Arca today.
Columbia Acorn has increased the minimum initial investment for Columbia Acorn Select accounts from $50,000 to $100,000.
Taxing some private equity firms as corporations could result in the funds themselves being taxed the same way.
Marsico Capital Management founder and chief executive Thomas F. Marsico has agreed to buy back management firm from Bank of America.
The Bear Stearns Cos. Inc. is liquidating holdings from a recently formed hedge funds after it lost money on subprime mortgage bonds.
The Vanguard Group Inc. today said it has added AXA Rosenberg Investment Management LLC to the advisory teams of the $12.8 billion Vanguard Explorer Fund and the $1.6 billion Vanguard U.S. Value Fund.
Hedge managers should pay more than double their current tax rate, said a former Treasury secretary.
It’s only the third week of June, but hedge fund gossip has headed to the Hamptons for the summer.
