Portfolio

Lawrence Summers, former director of the National Economic Council, recently said, "The central irony of a financial crisis is that while it is caused by too much confidence, borrowing, lending and spending-it is resolved only by increases in confidence, borrowing, lending and spending."

There is a new dynamic today between hedge funds, investors and hedge fund administrators, according to State Street Corp.’s new Vision Report, “Hedge Funds: Rebuilding on a New Foundation.”

Kinetic Concepts (NYSE: KCI) this week announced it has agreed to go private for $68.50 a share with private investors share include Apax Partners, the Canada Pension Plan Investment Board and the Public Sector Pension Investment Board.

There is a new dynamic today between hedge funds, investors and hedge fund administrators, according to State Street Corp.’s new Vision Report, “Hedge Funds: Rebuilding on a New Foundation.”

Eighty-seven percent of Americans with $500,000 or more in investable assets agree that the size of the U.S. government deficit is a major concern, a survey by research firm TNS found.

Charles Schwab is a bit late to the party with its new U.S. Aggregate Bond ETF -- but the company may use its brokerage platform to help even the playing field.

For years, PIMCO’s taxable bond Total Return Fund (PTTRX) has been a top-performer in its class, with five-star ratings from both Morningstar and S&P, five-year annualized trailing returns of 8.9%, and a manager, William Gross, widely respected as among one of the top in industry.

Assets in exchange-traded funds in the U.S. will double to $2 trillion by 2015, according to a new report from BNY Mellon and Strategic Insight. Non-traditional investment strategies, which currently comprise 30% of ETF assets, will drive most of this growth, the two companies said.

ProShares has launched the ProShares Hedge Replication ETF, benchmarked against Merrill Lynch’s hedge fund replication model.

Charles Schwab is a bit late to the party with its new U.S. Aggregate Bond ETF -- but the company may use its brokerage platform to help even the playing field.