- Money Management Executive
Mutual fund information might become even easier to sift through in the coming months for investors, analysts and brokers.
February 5 - Money Management Executive
The relatively new class of hedged mutual funds have generally outperformed traditional mutual funds, an academic study shows. Moreover, those funds run by current or former managers of traditional hedge funds-versus mutual fund portfolio managers with no hedge fund experience-have a tendency to outperform on a persistent basis.
February 5 - Money Management Executive
Merrill Lynch has settled three class-action lawsuits filed against it by mutual fund investors that said the investment banking firm issued misleading analyst research about Internet companies to them.
February 5 - Money Management Executive
New requirements and old challenges have caused several mutual fund companies to delay sending their 1099 tax forms to investors until after the Jan. 31 deadline, according to Kiplinger.
February 5 - Money Management Executive
Hedge funds that invest in the commodity market can be unstable and Red Kite Management is the latest example, according to the Wall Street Journal.The $1 billion metals-trading hedge fund has suffered loses thus far in 2007, after racking up gains last year. London-based Red Kite has now requested its investors give more notice when they withdraw from the fund.
February 5 - Money Management Executive
John H. Whittier, former majority shareholder and principal executive of Wood River Capital Management hedge fund has been indicted on securities fraud and other charges, according to Dow Jones.
February 5 - Money Management Executive
With Power Financial Corp. acquiring Putnam Investments for $3.9 billion, it has succeeded in expanding its business into the U.S., but it also must turn around a company that has been bleeding assets for the past five years years, according to sister publication American Banker.
February 5 - Money Management Executive
Senators Arlen Specter (R-Pa.) and Charles E. Grassley (R.-Iowa) last week accused the Securities and Exchange Commission of fumbling an insider trading investigation last year involving Pequot Capital Management.
February 5 - Money Management Executive
Some individual investors are irritated at the Securities and Exchange Commission’s proposal to dramatically increase financial minimums to invest in hedge funds in the U.S., according to The Chicago Tribune.
February 2 - Money Management Executive
Some individual investors are irritated at the Securities and Exchange Commission’s proposal to dramatically increase financial minimums to invest in hedge funds in the U.S., according to The Chicago Tribune.
February 2