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The self-policing efforts of the $1.8 trillion hedge fund industry took a step forward with last week's release of the Managed Funds Association's guidelines for best practices in the industry.
November 12 -
Amid the sobering talk of a possible recession, there were two pieces of news last week that are cause for additional consternation. First, bond guru Bill Gross of Pimco warned that the subprime crisis could linger for another two years, wiping out another $250 billion in loan defaults through the end of next year on top of the $900 billion worth of current questionable collateralized debt obligations and subprime loans.
November 12 -
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As international markets continue to dramatically outperform those in the United States, money is moving to more exotic regions.
November 5 -
The Department of Labor has decided not to include stable-value funds as one of its recommended default options for 401(k) plans under the Pension Protection Act. Instead, the DOL is advocating balanced funds, lifecycle funds and a professionally managed, diversified portfolio as the default choices.
October 29 -
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Earlier this month, Nasdaq launched its official entry into the exchange-traded funds (ETFs) listing competition by rolling out its official, proprietary ETF marketplace.
October 29 -
As the asset management industry undergoes a period of restructuring and realignment, independence is emerging as an important strategic asset when it comes to gathering assets, building a brand and attracting and retaining employees.
October 29