06/13/2012

AllianceBernstein 4% decline in AUM

The 4% decline was due to negative investment returns, including the impact of foreign exchange movements, and modest net outflows in Institutions and Private Client, partially offset by Retail net inflows.

06/05/2012

Hedge funds in longest rout since global recession

Hedge funds curbed bullish bets on commodities for a third consecutive month, the longest retreat since the global recession, as Europe’s worsening debt crisis and slowing US job growth sent prices tumbling.

06/05/2012

Hedge Funds of the Living Dead

Jay Eisenhofer and Matthew P. Morris are partners with the shareholder rights law firm Grant & Eisenhofer.

06/01/2012

State Street Wins Outsourcing Provider of the Year Award

he Custody Risk Americas Awards recognize outstanding achievers in the securities services industry in both North and South America. The selection criteria included an evaluation of client wins and renewals, outsourcing services provided and innovations

06/01/2012

New York Dominates Hedge Fund Industry

London ranked a distant second with 18%, slightly down from 2010 due to quicker growth of hedge funds’ assets under management in North America than in Europe last year.