Hedge fund investors redeemed $103 billion in the first quarter, with $85 billion of that coming out of hedge funds-of-funds, according to
Redemptions slowed about 32% from the $152 billion that investors took out in the final quarter of 2008. About $50 billion of those redemptions were from hedge funds-of-funds.
Between redemptions and market decline, hedge funds now manage $600 billion less than the middle of 2008, when the industry was at its peak.
The insurance products began 2024 in much the same way as 2022 and 2023: with record-breaking sales.
Are clients' savings working for them? How to best guide them on the pros and cons of Roth IRAs and other savings programs.
Financial advisors, tax professionals and their clients get another year to think through potential tax, distribution and trust strategies, according to experts.
The Wall Street giant has been moving away from providing in-house retail investment advice to finding ways it can support smaller firms.
The IRS and the Treasury released final regs on the tax credits, with specific rules for partnerships and S corporations.
Here's how commenters such as the AARP, SIFMA, FSI, the Consumer Federation, NAPFA, the CFP Board and others view the Department of Labor's retirement advice regulation.
