Top Portfolio Products: Women Hedge Fund Managers Provide More Alpha, Report Says
Women managing hedge funds provide higher returns, a Rothstein Kass report found. Also, Security Benefit Corp introduced a next-generation fixed annuity.
U.S. Money Funds Cut French Lending by 44%
The eight biggest U.S. money market funds slashed their lending to French banks in September by a staggering 44% overall, with some bank holdings falling even further as worries over the eurozone debt crisis multiplied.