Investing

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ALTERNATIVES JUL 20, 2007
Robin Hood stops investing in rich

The Robin Hood Foundation said it would stop investing in its donors’ and board members’ hedge funds.

By Bloomberg
ALTERNATIVES JUL 19, 2007
Hedge index revises its numbers

The failing subprime mortgage market caused a hedge fund index to revise its performance returns.

By Bloomberg
ALTERNATIVES JUL 19, 2007
HFR unveils Asian indicies

Hedge Fund Research Inc. today introduced five new indices to track hedge fund performance in Asian markets.

By Bloomberg
ALTERNATIVES JUL 18, 2007
Bear Stearns hedge funds tapped out

Investors in Bear Stearns’ two failed hedge funds have lost their money and will probably not get it back, according to published reports.

By Bloomberg
FIXED INCOME JUL 18, 2007
Boost muni market oversight, says Cox

The SEC chief wants Congress to mandate more oversight of the $2.4 trillion municipal bond market.

By Bloomberg
ALTERNATIVES JUL 18, 2007
Downturn feared for credit derivatives

Global credit derivatives totals spiked 113% in 2006, but that streak is threatened by recent hedge fund disasters.

By Bloomberg
ALTERNATIVES JUL 16, 2007
Henderson sinks $1B into Asian real estate

London's Henderson Global Investors will launch a $1 billion fund focused on Asian real estate, according to a Financial Times report.

By Bloomberg
ALTERNATIVES JUL 16, 2007
Blackstone: Loophole report a 'myth'

Blackstone has slammed a story saying the private equity giant is using a loophole to get millions back in taxes.

By Bloomberg
ALTERNATIVES JUL 16, 2007
Robin Hood eyed for giving to rich

The Robin Hood Foundation is under scrutiny by Congress for investing charitable money into its donors’ and members’ hedge funds, Bloomberg reported.

By Bloomberg
ETFS JUL 16, 2007
Some advisers eagerly await SEC’s OK of muni ETF

PHILADELPHIA — An exchange traded fund that invests in municipal bonds is expected finally to become a reality — a prospect that excites some financial advisers.

By Bloomberg
ALTERNATIVES JUL 13, 2007
Hedges continue to best benchmarks

The Greenwich Global Hedge Fund Index increased 1.07% in the month of June, beating out the major market benchmarks.

By Bloomberg
ETFS JUL 12, 2007
WisdomTree debuts emerging-markets ETFs

WisdomTree Trust will launch a new dividend-weighted exchange traded fund tomorrow on the NYSE.

By Bloomberg
ETFS JUL 11, 2007
ETF assets dip slightly in June

ETF assets fell to $478 billion in June from $480 billion in May, according to State Street Global Advisors.

By Bloomberg
ALTERNATIVES JUL 11, 2007
Hedge funds risky for Street, says Sirri

The House Financial Services Committee heard testimony about risks hedge funds may pose to the investors and the economy.

By Bloomberg
MUTUAL FUNDS JUL 11, 2007
Mutual funds fall under hedge regulation

Mutual funds will now be subject to a new rule that prohibits fraud in hedge funds and other private investment pools.

By Bloomberg
ALTERNATIVES JUL 11, 2007
Carried tax studied by Senate

The Senate Finance Committee is scrutinizing a bill that could raise taxes paid by hedge fund managers and private equity heads.

By Bloomberg
ETFS JUL 11, 2007
Claymore & Zacks unveil ETFs

Claymore Securities Inc. has teamed up with Zacks Investment Research to launch two exchange traded funds on the American Stock Exchange today.

By Bloomberg
ALTERNATIVES JUL 10, 2007
Hedge funds stay ahead of the pack

Hedge funds have beaten out the major indicators in the month of June.

By Bloomberg
ALTERNATIVES JUL 10, 2007
No extradition for hedge fund fugitive

Runaway hedge fund manager Michael Berger, whose U.S. fund lost $400 million, was caught in Austria last week, according to published reports.

By Bloomberg
ALTERNATIVES JUL 09, 2007
Books closed to hedge funds, says TD

TD Ameritrade will not open its books to two hedge funds that have urged it to consider a sale or merger.

By Bloomberg