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 and vintage automobiles, ordinary investors are left with a slate of unattractive 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.

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.

The Temptation of Insider Trading: Why Top Professionals Might Slip

The Securities and Exchange Commission's insider-trading charges against Rajat Gupta, former head of consulting firm McKinsey & Co., comes as a shock to many. The news comes after another McKinsey director pleaded guilty to insider-trading charges in January. Should we expect more to come?

Madoff: Banks and Hedge Funds Were 'Complicit'

In a jailhouse interview with the New York Times, Madoff pointed to a failure by banks and hedge funds to investigate when his filings with the Securities and Exchange Commission didn't jibe with information that they could have obtained. And he still says he acted alone.

Paulson and Co. Clears $1 Billion on Citigroup Shares

Hedge fund manager John Paulson told Paulson & Co. clients that the company made more than $1 billion during the past 18 months on its investment in Citigroup, Bloomberg News reported, citing Paulson's letter to clients this month.

ITT Dismantles Its Empire, Ending the Age of Conglomerates

The 91-year old company was once the leading diversified industrial company, the product of hundreds of leveraged buyouts in the 1960s and '70s. But its breakup is yet more proof that the conglomerate model makes little sense today. Why? Activist investors have a lot to do with it.

10 Best Stock Picks of the 10 Richest Hedge Funds

The smartest money on Wall Street may be at the top hedge funds, whose investment managers are paid billions a year to beat the market. Those gurus only take big money clients, but you can follow their lead: DailyFinance has the 10 best stock picks of the 10 highest-paid hedge fund managers.

FBI Makes First Arrest in SEC Insider Trading Probe

On Wednesday, the FBI arrested Don Chu, an expert on Asian markets for Primary Global Research, setting the tone for the SEC's crackdown on insider trading. Chu was charged with conspiracy to commit securities fraud and conspiracy to commit wire fraud.

What's Reviving Investors' Hunger for Stocks

The far-sighted ones are looking beyond the election and Fed and seeing a robust global manufacturing rebound and impressive corporate earnings. These strong fundamentals are finally overcoming risk aversion -- and could set the stage for an equity rally.

Greece: A Lesson in Overblown Market 'Crises'

To hear the pundits tell it, Greece's debt woes signaled the end of the euro, or worse. Yet, the country's rebound grabs few headlines. This pattern is getting repeated over and over, much to investors' detriment.

Daily Blogwatch: Are Banks Lending Again?

Among Thursday's top online stories for investors: How Apple brought Verizon and AT&T to their knees; Will hedge funds assets triple over the next few years? And, are banks finally starting to lend?