Arbitrageurs looking to profit from the annual reconstitution of the small-cap Russell 2000 Index next month will have a more difficult time of it this year, according to some industry experts.
PHILADELPHIA — First Trust Advisors LP is betting that investors will want exchange traded funds that seek alpha.
One-third of investment management firms will increase their use of outsourcing over the next two years.
Pioneer Investments today has launched the Pioneer Diversified High Income Trust.
JPMorgan Asset Management is now the world’s largest hedge fund managers, according to Alpha Magazine’s 2007 list of “The Hedge Fund 100.”
Two hedge fund managers have joined forces with scientists to launch a $1 million prize for cancer research.
Lipper Inc. of New York announced today it has created a suite of target-risk fund benchmarks made up exclusively of exchange traded funds.
Defunct hedge fund Wood River Partners LP is suing its prime broker, UBS, for $200 million.
Euronext NV today reported a 4.4% profit loss during the first quarter, due to a reclassification of the company’s stake in LCH.Clearnet.
Hedge fund returns were up in April but fell short of several leading major indicators.
The Vanguard Group Inc. announced it filed a registration statement with the SEC for its fifth international exchange traded fund.
Merrill Lynch & Co. Inc. is purchasing a 20% minority stake in a hedge fund with $8 billion in assets under management.
An affiliate of Edward Lampert's ESL Investments Inc. hedge fund now owns 15.24 million shares of Citigroup Inc.
The first hedge fund to go public today posted a 52% drop in first-quarter net income.
Morningstar Inc. has announced that Claymore Securities Inc. has licensed three Morningstar Super Sector Indexes to create three new exchange traded funds.
The Federal Reserve chief today warned against creating "ad hoc" securities regulations—especially for derivatives or hedge funds.
The Senate Finance Committee's top Republican today introduced legislation requiring hedge fund advisers to register with the SEC.
The American Stock Exchange today launched trading in the Claymore S&P Global Water Index ETF, the first exchange traded fund to cover the global water industry.
PHILADELPHIA — Mid-cap stocks rank among the best- performing mutual funds, but they remain a tough sell to investors, industry experts say.
DETROIT — The three-year assault on mutual fund style boxes as an evaluation and asset allocation tool has moved to the beta-testing level by a firm that seeks to turn the traditional grid system inside out.
