Goldman Pushes Hedge Funds for Your 401(k)
Wall Street is rolling out low-minimum mutual funds that invest in hedge funds. What it means for you: the chance to lose money like a high roller.
Hedge funds
A Davos Grows in the Desert: Why the SkyBridge Conference Matters
Hedge fund manager Anthony Scaramucci has elevated his Skybridge Alternatives confab in Vegas into a conference of big ideas.
Rengan Rajaratnam, Brother of Hedge Fund Founder, Indicted
The brother of jailed one-time billionaire hedge fund boss Raj Rajaratnam has been charged with conspiring with his brother to cheat on Wall Street through insider trading.
Pity the Rich Investing in Hedge Funds. Seriously.
It seems unfair that ordinary people can't invest in hedge funds. And, it is unfair -- to the wealthy folks whose hedge fund investments consistently underperform the market.
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 and vintage automobiles, ordinary investors are left with a slate of unattractive options. One company wants to change that.
Mitt's Profit from Bain's Buyouts: Up to $20,000 Per Laid-off Worker
GOP presidential candidate Mitt Romney spends a lot of time touting his record on job creation. But when he ran Bain Capital, he also made jaw-dropping profits in leveraged buyouts of companies that later went bust, costing more than 11,000 Americans their jobs.
The Quickest Way to Double Your Money (or Lose It Twice as Fast)
Designed as an easy way for investors to make money over the long term, exchange-traded funds are quickly becoming an even easier way for investors to lose money in the short term.
Hedge Funds Betting Against the Eurozone: Why You Should Worry
Some of the world's most prominent hedge fund managers are betting against the eurozone -- and not just the weak little countries -- we're talking Germany and France. Here's why that's bad news for all of us.
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.
Are You Better Off Under the Obama Administration?
President Obama has officially launched his reelection campaign and when it's time to vote again many may ask themselves whether they are better off than they were four years ago. A close look at the statistics reveals the clear winners and losers so far.
Overstock Gears Up for Global Growth
Online retailer Overstock.com ended its last fiscal year on a strong note, and now it's gearing up for an international expansion. Outspoken CEO Patrick Byrne discusses the company, as well as his views on sales tax, short selling and the economy.