Latest News

Cantor Fitzgerald Forms New Investment Advisory Biz

Feb 8 2010 | 12:18pm ET

Cantor Fitzgerald has announced the creation of a new alternative investment and advisory business—Cantor Investment Advisors—which will be led by Stephen Ardizzoni.

Hennessee Group: Hedge Fund Indices Decline In January

Feb 8 2010 | 9:01am ET

In January, most market indices took a beating, and hedge funds were no exception.

Prologue Hires Portfolio Manager To Trade U.S. Agency Mortgages

Feb 8 2010 | 8:35am ET

Alternative asset management firm Prologue Capital has named Noah Estrin as a senior portfolio manager focused on trading U.S. Agency mortgages.

TCW Cuts Hedge Fund Fees After Firing Manager

Feb 8 2010 | 7:34am ET

TCW Group has moved to quell investor discontent after it called its fired chief investment officer a drug user and pornography addict by cutting fees.

Sprott Chief Sees Good Things For Gold

Feb 8 2010 | 7:33am ET

Sprott estimates that gold, currently sitting at about $1,067 per ounce, will soar 40% to $1,500 by the end of this year.

Hedge Funds Don’t Have To Disclose Philly Newspaper Debt Prices

Feb 8 2010 | 7:31am ET

A federal bankruptcy judge in Philadelphia denied a bid by the owners of the bankrupt Philadelphia Inquirer and Philadelphia Daily News to learn how much “the Steering Group of Prepetition Secured Lenders” paid for their roughly $179 million in debt.

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