12/05/2011
The move helps fund companies defend against poaching, protect their funds' returns, and shield themselves from the level of outflows seen at competing firms after their high-profile stars have flamed out.
12/01/2011
Each hedge fund can expect to receive between $75 million and $150 million from Goldman's fund, which is expected to raise about $1 billion in total, the WSJ said.
12/01/2011
The growth of assets in alternative registered funds continues at a steady pace; by the end of September 2011, the U.S. had roughly 760 alternative mutual funds and ETFs, 150 of which had been launched year-to-date in 2011.
11/29/2011
Now, amid tumbling home prices and near-record foreclosures, attention was focused on a new source of contagion: Fannie Mae and Freddie Mac, which together had more than $5 trillion in mortgage-backed securities and other debt outstanding.
11/29/2011
Gold’s London AM fix this morning was USD 1,676.00, GBP 1,084.02, and EUR 1,263.86 per ounce.
11/29/2011
Investors do not want to hold money in banks these days, fearing a bank run. Moreover, the financial situation in the US is not getting better.