State Street's new SPDR SSgA Risk Aware ETF (RORO) aims to give you the risk-minded performance of hedge funds without the high costs. More
- Poll of the Day
Hedge funds are formed when many investors or institutions collectively invest in select stocks chosen by the fund’s manager. Many funds operate as LLCs or partnerships to reduce liability and are often overseas to avoid taxes. Hedge funds may gain infamy from scandals like Bernie Madoff, but the funds also provide investors with valuable insight into which stocks institutions are investing in.
Warren Buffett and hedge-fund billionaires moved a lot of stock last quarter, but the most recent 13Fs showed no bold new bets worth copycatting. More
A new book says that hedge fund billionaire Steven A. Cohen paid celebrity chef Guy Fieri just to be his friend for a day. More
PragCap is skeptical of this "smart-money" ETF that invests based on hedge funds' 13F filings, and you should be too. More