• Exclusive Online Only Content
• Free Daily Email News Alerts
• Asset Management Blogs

Hedge Funds

Hedge Fund Investors Sue Ernst & Young for Fraud

August 26, 2010 - A group of investors on Wednesday sued the accounting giant Ernst & Young for allegedly misrepresenting the financial status of the defunct hedge fund Parkcentral Global after they lost a total of $17 million in the fund.

Long-Short Strategies Beat the Market

August 25, 2010 - Long-short strategies are outperforming—or at least underperforming less—than traditional equity plays, according to a white paper by Credit Suisse. The firm points out that year-to-date results for the MSCI World Index in May were down by 9.5%. Over the same period, the Dow Jones Credit Suisse Long/Short Equity Hedge Fund Index was down too, but by a comparatively slight 3.2%. …

New CEO at the Helm for Rockefeller Financial

August 5, 2010 - Rockefeller Financial has named Reuben Jeffery III chief executive officer. Jeffery will also oversee subsidiaries Rockefeller Wealth Advisors, Rockefeller Asset Management, Rockefeller Capital Partners and Rockit Solutions.

Hedge Funds See Modest Declines in June

July 12, 2010 - The HFRI Fund Weighted Composite Index lost 0.81% in June, more than offsetting the gains in the first five months of the year to leave the index down 0.18% for the first half of 2010.

Hedge Funds Begin to Target Operational Efficiency

July 12, 2010 - The operational strength of a hedge fund is now just as important to institutional investors as the pedigree and track record of its manager.

TD Ameritrade, Vanguard Add Thesis Flexible Fund to Platform

July 1, 2010 - Thesis Flexible is an alternative strategy fund that primarily uses hedge fund strategies and is already on the Fidelity and Schwab platforms.

Ranks of Wealthy Rebound

July 1, 2010 - The 10 million high-net-worth individuals around the world own a total of $39 trillion in assets.

Checking Systemic Risk: Eight Approaches, All Costly - SIFMA Survey

June 15, 2010 - The Securities Industry and Financial Markets Association Monday said the creation of a system of monitoring overall risks to the nation's financial industry could take one of eight forms, each of which would be costly.

CEOs Feeling Optimistic: PwC

June 15, 2010 - Chief execs are upbeat about the U.S. economy for the first time in two years.

Dodd Endorses Swaps Ban, While GOP Ponders Its Influence

June 10, 2010 - WASHINGTON — Senate Banking Committee Chairman Chris Dodd Wednesday endorsed a proposal to force banks to spin off their derivatives desks, saying Sen. Blanche Lincoln's primary win this week had increased odds some form of it would be in the final regulatory reform bill. Lincoln, who chairs the Senate Agriculture Committee, has been fighting an uphill battle to protect her provision, which regulators have said would increase risk to the system by forcing derivatives units offshore…

Boston Private Hires McKinsey Exec as CEO, Prez

June 9, 2010 - Clayton Deutsche to focus on changing definition of American wealth.

Morgan Recruitment Package Aimed at the Ambitious Young

June 9, 2010 - Crosstown, rival Merrill Lynch is letting its top 20% producers take home 300% of profits.

Which Provisions Are Likely to Stay In — and Get Stripped Out — of Financial Reform

June 7, 2010 - Drilling Down on Reform: Key differences between House and Senate bills.

IPO for "Indy Adviser Catalyst" LPL

June 6, 2010 - Aim is to use net proceedings to repay debt.

Former Merrill Broker Receives Six-Year Prison Sentence

June 3, 2010 - All for a $250K red Spider Ferrari.