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There was once a day when fund managers were expected to hedge against market gyrations via cash holdings. Right now, that tactic has gone out the door. Cash levels may be at their lowest point... Read more...
It's almost a cliché in sports: The star quarterback may not make a good coach. Does the same hold for investment bankers? Financial News Online notes a trend toward banks making... Read more...
The NYSE Group has hired another big name Goldman Sachs executive. Duncan Niederauer will join the company as president and co-chief operating officer. He'll be in charge of cash equities... Read more...
A MarketWatch columnist notes Rydex's new "National Survey of Registered Investment Advisers," has found that 43 percent of advisers have "moderately" boosted their use of alternatives... Read more...
It was big news last year when Louise Yamada and Ralph Acampora, two of the biggest names in technical research, were let go by Citigroup and Prudential. Many people proclaimed the death of... Read more...
Trading, even in this electronic age, is still something of a man's game. Only 10 percent of traders are female, by one estimate. Still, the game is changing, and there are some definite success... Read more...
Like an empty "big block" megastore, the way for financial services "supermarkets" to gain may be to convert it into a mall. So says Jane Wheeler, a partner at high-end boutique Evercore who heads... Read more...
A MarketWatch commentary puts it bluntly: "Private-equity funds rule Wall Street." These funds are drawing the brightest minds from finance and even from the government--not to mention... Read more...
Morningstar apparently wants to play the same role in the hedge-fund universe that it does in the mutual funds universe. To that end, it announced it will spend $10 million to acquire the... Read more...