05/10/2012
Indeed, based on a recent study conducted by the University of British Columbia, Queen’s University and Columbia University south of the border, hedge funds that invest in distressed U.S. companies actually have a positive influence on bankruptcy pr
05/09/2012
Last month, Wells announced that it would buy Merlin Securities, a prime brokerage and technology provider based in San Francisco and New York.
05/09/2012
GlobeOp Financial Services will launch an independent, asset-weighted hedge fund performance index on May 15, 2012.
05/08/2012
The Fund is no-load and, like the other stock funds in the Baird fund family, it has an .85% management fee. The expense ratio is 1.1% for the institutional class and 1.25% for the investor class.
05/02/2012
Revenues, excluding incentive fees, rose $4.5 million. Operating income before management fee was $31.2 million, a 30.7% increase from $23.9 million in the prior year period.
05/01/2012
Mr. Keitel views the recent correction in risky assets not as a reversal of fortune for the markets, but rather as a renewed buying opportunity in the coming weeks for investors, especially in light of what he believes are attractive valuations.
04/30/2012
Och-Ziff, the $30-billion New York-based hedge fund, has frozen secondary market stock investments in India due to soaring compliance costs and muddled tax policies, four people familiar with the development said.
04/26/2012
The increase in the first quarter of 2012 is attributable to net cash inflows of $12.4 billion, including $4.2 billion originating in the target-date retirement portfolios, and market appreciation and income of $52.9 billion.
04/25/2012
LCH announced Tuesday, April 24, that it will buy Nasdaq OMX Group Inc.'s majority stake in IDCG and in return give Nasdaq a stake in LCH. As of November 2010, that stake was roughly 80% of IDCG