The Security Benefit Group of Companies today announced it will acquire Rydex Investments.
Bear Stearns has selected Thomas Marano, head of its mortgage unit, to help save one of its troubled hedge funds, published reports said.
Cantor Fitzgerald of New York is entering the alternative asset management arena.
UBS has been accused of "dishonest and unethical" practices in dealings with hedge fund advisers.
Hedge fund management company Simpson Capital, its owner and head trader have been sued by the SEC.
The screenwriting team behind "Ocean's 13" have signed on to pen a new HBO series that the producers of "Entourage" are developing about a group of hedge fund managers, according to Crain's Television Week.
GLG Partners of London has agreed to pay more than $3.2 million to settle charges of illegal short-selling.
The head of SAC Capital has gotten a nice price on his new home in the Hamptons, according to published reports.
New York Life will launch a series of five target-date funds called the MainStay Retirement Funds.
Claymore Securities today announced the launch of Claymore/KLD Sudan Free Large-Cap Core ETF on the /MEX.
A London hedge fund manager will go public by merging with New York's Freedom Acquisition Holdings.
Amaranth Advisors used a loophole to cloud the extend of its massive gas holdings, according to a Senate report.
PowerShares today launched four exchange traded funds based on the FTSE RAFI indexes.
More mutual fund companies soon will offer individual investors access to a strategy that is popular among institutional investors who are trying to outperform a benchmark.
The ever-increasing focus on social and environmental causes is attracting a segment of the hedge fund industry to a movement that is considered by some to be the ultimate test of socially conscious investing.
PHILADELPHIA — A mutual fund company is taking a chance on the burgeoning market of infrastructure investments.
WASHINGTON — Disclosures of 12(b)-1 fees should be made clearer and easier to decipher, but the fees themselves should not be abolished, officials from the mutual fund and brokerage industries said at a Securities and Exchange Commission round table last week.
Bear Stearns will chip in up to $3.2 billion to help one of its struggling hedge funds
State Street Global Advisors said that its SPDR Standard & Poor's BRIC 40 ETF will begin trading on the American Stock Exchange today.
Hedge fund Ritchie Capital has filed for bankruptcy for two of its life insurance units that lost $700 million in policies.
