Tag Archives: investment profits
MassMutual unit told to return funds from Madoff
Boston Globe – The trustee in the bankruptcy case of swindler Bernard L. Madoff has told a hedge fund business owned by Massachusetts Mutual Life Insurance Co. to return money that it received from Madoff over the past six years. […]
Cornell’s Walsh Cuts Hedge Funds to Reduce Endowment’s Costs
Bloomberg – Cornell University is cutting its hedge-fund holdings by as much as 25 percent to save on fees after its endowment tumbled last year, Chief Investment Officer James Walsh said. “We are de-emphasizing the hedge funds and more emphasizing […]
