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September proved to be very cruel for many hedge funds. October doesn't look to be much kinder. The New York Post notes that as of last week, the average hedge fund was down 8.4 percent for the... Read more...
Richard Fuld started at Lehman Brothers in 1969 as an intern. He moved up quickly, and for the last 15 years he's been CEO. Now it's all unraveling before his eyes. He's survived other crises, but... Read more...
CNBC.com reports that Lehman Brothers is moving quickly to sell prized fund company Neuberger Berman. The partners of the asset management unit were told by executives that they may even meet with... Read more...
So-called super endowments, epitomized by the Harvard and Yale endowments, have really turned heads in the asset management world as of late. Super endowments have bet big on alternative assets to... Read more...
Lehman Brothers may not be facing a Bear Stearns-like insta-implosion, but it's staring at a long, drawn out demise that may prove just as... Read more...
That Barclays will buy a big U.S. bank is one of those standing rumors. They never seem to come true, but no one is quite willing to discount the idea altogether. As the credit crisis unfolded, many... Read more...
So the rumors turned out to be true. Lehman Brothers is indeed shopping around its asset management unit, which includes Neuberger Berman,... Read more...
The latest rumor regarding Lehman Brothers is that it is mulling a sale of its entire asset management unit, not just Neuberger & Berman. This would not be a... Read more...
Will Lehman Brothers be forced to sell its Neuberger Neuman asset management unit? There's been a lot of talk that it might be forced to find a buyer or sell shares to... Read more...
In the asset management universe, it has long been accepted that equities outperform other asset classes over the long-term. Those gains, however, come with added volatility. That's the tradeoff.... Read more...