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Paul Tudor Jones hit by credit crunch

Paul Tudor Jones, join the club. The famed hedge fund manager has been forced to suspend redemptions, like so many of his peers, in the face of what has been a debilitating rush to the exits. The... Read more...

How bad is it for hedge funds?

We knew that July and August were tough. But just how tough for hedge funds? The Hennessee Hedge Fund Index has fallen 4.1 percent year-to-date. In August alone, it fell .72 percent. The index has... Read more...

See this week's featured jobs and top stories ; provided by eFinancialCareers.com

Featured career opportunity:Portfolio Manager Emerging Markets, PIMCOThis position is responsible for trade execution,
... Read more...

See this week's featured jobs and top stories ; provided by eFinancialCareers.com

Featured career opportunity:Credit Analyst, Wells FargoThe Senior Credit Analyst will be responsible for financial and credit
... Read more...

SPOTLIGHT: Bear Global Macro Fund

As if Bear Stearns didn't have enough problems: The company's Emerging Markets Macro Fund returned more than 25 percent last year; now, it's down 15.2 percent in the first quarter, alone. The... Read more...

Merrill Lynch bulks up in Brazil

Emerging markets have been bright spots for a lot of banks lately, one reason why Merrill Lynch is making a move into the field. The... Read more...

What to make of private equity fund raising?

The problem for some premiere buyout funds: too much money. To some, it sounds like a good problem to have. But the issues are real. Consider Kohlberg... Read more...

SPOTLIGHT: M&A volume

Not surprising here: Worldwide volume of mergers has fallen to a four-year low. There are a few bright spots: commodities and emerging markets for example. Hopefully, we'll see more strategic deals.... Read more...