Hedge funds and the less-pricey liquid alternative funds that attempt to mimic them have generally underperformed thus far in 2016.
The liquid alternatives movement is trying to bring hedge fund strategies to ordinary investors.
This week's arrest of hedge fund manager Murray Huberfeld for an alleged kickback scheme with New York City's correction officers union didn't surprise one private eye.
The S&P 500 clinched a new closing high for 2016 as crude closed above $50 a barrel on Tuesday.
The PowerShares S&P 500 Low Volatility ETF is up 3.4 percent thus far in 2016, outperforming the good old S&P 500 index by two full percentage points.
Shares of Envestnet are up over 11 percent so far in this year and the second half is shaping up well as more financial advisors hop onto its platform.
Greenlight Capital's David Einhorn is adding Apple AAPL to his portfolio, but Jim Cramer says investors should not use it as a reason to buy the stock.
U.S. stocks opened lower on Tuesday, following an uptick in consumer prices in April.
Bill Ackman's hedge fund, Pershing Square, lost over 25 percent in the first quarter and the billionaire investor is still bearish on shares of Herbalife.
The biggest hedge fund managers brought in billions of dollars in 2015, according to Institutional Investor.