Investors Flee SAC Capital as Investigation Ramps Up
As SAC Capital fights to fend off an insider trading investigation, investors are running away from the hedge fund.
As SAC Capital fights to fend off an insider trading investigation, investors are running away from the hedge fund.
Last week, billionaire hedge fund manager Paul Tudor Jones made a splash by saying that women shouldn't trade stocks. He's right -- but not for the reasons he thinks.
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 fund manager Anthony Scaramucci has elevated his Skybridge Alternatives confab in Vegas into a conference of big ideas.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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, 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.
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.
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 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?
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.
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.
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.
The 10 most profitable hedge funds -- that is, the 10 that brought in the most fees -- had relatively lackluster performance last year, according to data compiled by Bloomberg Markets magazine. Salesmanship seems to be more important than trading prowess.
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.
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.
Some of the best reads for investors from around the Web, including posts on a misunderstanding about kickbacks at Foursquare, the second stimulus plan and the latest in Google perks: servants for its employees.
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.
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.
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?


























