Hedge Funds
The latest hedge funds news to help advisors understand how these alternative investments can help boost portfolio returns and reduce risk.
Morningstar's Phillips Talks to AdvisorOne About Launch of New Analyst Ratings for Funds
By Melanie WaddellMorningstar on Tuesday plans to launch in the United States its initial set of new global Analyst Ratings for funds and accompanying research as well as Global Fund Reports.
October 31, 2011
Narrowed US reporting rule for hedge funds adoptedThe largest U.S. hedge funds and private equity funds must report financial information to the government starting next year under a rule finalized Monday.
October 26, 2011
Direxion Adjusts ETF LineupBig changes are coming to the Direxion Shares ETF lineup. The companys Board of Trustees approved alternations to the names and investment strategies for 10 leveraged funds.
October 13, 2011
Galleon’s Rajaratnam Sentenced to 11 Years for Insider TradingRaj Rajaratnam, the 54-year-old co-founder of hedge fund Galleon Group, was sentenced to 11 years in prison on Thursday, one of the longest punishments ever handed down for insider trading.
October 10, 2011
Hedge Fund Inflows Up as Performance SinksDespite poor performance, hedge funds continued to see strong inflows in August, signaling investor aversion to traditional markets in a search for alternative sources of alpha.
October 06, 2011
‘Black Swan’ Funds Up 23% for the YearExtreme sport isnt the only venue for thrill seekers and adrenaline junkies, judging from the recent returns racked up by so-called black swan funds. The funds, named for a generic term for an unexpected event that negatively or positively impact the market, take advantage of the resulting volatility.
October 05, 2011
Analysis: Latest 401(k) Lawsuit Highlights Ongoing Fee Concerns (Reuters)More than three dozen lawsuits have been filed in recent years over investment decisions that have caused 401(k) values to plummet. The most recent was filed last week against Ameriprise Financial Inc., led by a group of employees who argue that the firm pushed workers into expensive and untested proprietary...
September 30, 2011
Ameriprise Sued by Employees Over 401(k) LossesIn further controversy over the use of proprietary products, members of Ameriprise Financial Inc.'s 401(k) plan filed a proposed class action in Minnesota on Wednesday claiming they lost $20 million in investments.