BlackRock and Lobby Groups Fight Swaps Fiduciary Rule
BlackRock Inc. and the largest U.S. business lobby groups are fighting to strike a provision in the financial regulations overhaul legislation that they say could harm millions of...
Tag: Hedge funds
Court Rejects Financial Planner’s Suit against AIG
A California court set aside a suit by a financial planner alleging that American International Group Inc’s risky business harmed her clients, Dow Jones reported.
Institutions, Advisers Still Like Alternatives, but Are More Cautious
A survey by Morningstar, Inc., and Barron's magazine found that despite questionable performance during the market downturn and hedge fund scandals, institutional investors and advisers still view alternative...
Hedge Fund Morphs into Long-Short Mutual Fund
Bull Path Capital Management today announced the conversion of one of its long-short hedge funds into a long-short equity mutual fund, the Bull Path Long Short Fund (BPFCX).
U.K. Fund Focuses on Alternative Strategies
47 Degrees North Capital Management announced the launch of the 47 Degrees North Innovation Fund.
Hedge Fund Best Practices Study Panels Release Final Reports
Two private-sector study groups have released a finalized version of a series of industry best practices for asset managers and hedge fund investors designed to increase industry accountability...