Hedge funds

Attaking Tax Loopholes, Obama Takes Aim at Carried Interest

On Sunday, President Obama went on the offensive against the carried interest tax rate. In a nutshell, this tax break allows super-rich hedge fund managers to sidestep a large portion of their tax bills with Wall Street slight of hand.

AlphaClone: Assemble Your Fantasy Hedge Fund Team ... And Win

Investing in hedge funds is a lot like playing in the NFL: A tiny elite can do it and make millions while the rest of us can only watch and dream. But just as we mere mortals can coach our way to gridiron victory through fantasy football teams, now hedge funds have a "fantasy team" option too.

Want to Own a Picasso? Here's Your Chance

While high-net worth individuals can invest in ultra-expensive rarities like masterpieces of art, ordinary people are left with a slate of unattractive investment options. One company wants to change that.

Investment Tips: How to Tame the Wall Street Beast

Amid plenty of uncertainty, investors are looking for strategies that will make them wealthy. But you should forget about the idea of getting rich quick and focus on diversity, according to Larry Light, author of the new book, Taming the Beast: Wall Street's Imperfect Answers to Making Money.

The Truth About Billionaire Soros' Big Moves

George Soros, the man who made $1 billion in a day by shorting the British pound, is returning all outside money invested in his hedge fund, citing new disclosure requirements in the Dodd-Frank Act. Coverage of this enormous story has so far been misleading. Here's what's really going on in Soros's head -- we think.

Hedge Funds Hit New Record with $2T in Assets

Hedge funds, which experienced sharp drops in assets during the credit crisis, now hold an all-time high of more than $2 trillion in capital, according to a new survey by Hedge Fund Research Inc. The figure is 50% higher than crisis-driven lows reached in the first quarter of 2009.