Hedge Funds
The latest hedge funds news to help advisors understand how these alternative investments can help boost portfolio returns and reduce risk.
Ameriprise Sued by Employees Over 401(k) Losses
By John SullivanIn 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.
September 27, 2011
'Trader' Alessio Rastani Prays for Recession, Says Millions Will Lose SavingsSome are questioning whether the arrestingly earnest trader is really a member of the Yes Men, anticapitalist activists who impersonate the people they dislike as a means of exposing what they view as the real truth about corporations.
September 26, 2011
Senate Approves Deal on Spending, Averts ShutdownEnding weeks of political brinkmanship, Congress finessed a dispute over disaster aid Monday night and advanced legislation to avoid a partial government shutdown only days away.
September 02, 2011
GAO Study: More DB Plans Are Investing in Hedge Funds, Private Equity FundsA growing number of defined benefit plans, predominately large ones, are investing through hedge funds and in private equity funds.
August 30, 2011
401(k) Investors Who Choose TDFs Stay With ThemRetirement plan participants who invest in target-date funds tend to stay with them, the Employee Benefit Research Institute announced Tuesday.
August 29, 2011
BlackRock Seeks to Run ETFs Using Own IndexesBlackRock, the worlds largest money manager, filed an application with the SEC for its iShares exchange-traded funds to follow its own indexes rather than those developed by third parties such as Standard & Poors.
August 04, 2011
‘Soros Won’t Be Last’ to Quit Over Dodd-Frank: Deloitte ManagerGeorge Soros’ recent announcement that he would henceforth manage only his family’s money did not surprise Ellen Schubert, chief advisor to Deloitte’s hedge fund practice. Schubert, in an interview with AdvisorOne, says others will follow.
July 28, 2011
Replicate Hedge Funds With ETFsThe capital markets abhor a vacuum and as exchange-traded funds grow more popular, their uses keep multiplying to fill every space that their creators and investors can identify.