Grow

The Top 10 Hedge Funds to Watch in 2013

An Industry in Flux

Big changes are coming to the U.S. hedge fund industry in 2012. Thanks to Dodd-Frank, funds will have to meet expensive and unprecedented disclosure and reporting standards. And there's new competition: The Volcker Rule is spurring bank proprietary traders to hang out their own hedge fund shingles. But there's also new opportunity. A recently enacted clause of the JOBS Act allows hedge funds to advertise their wares. Here are 10 hedge funds whose management and track records suggest that they're equipped to navigate 2013's uncertain terrain.

Feature:

The New World of Nicolas Berggruen

He arrived in the United States as a teenager and grew up to make billions. Now he’s giving away his money to rebuild America—and the world.

Come Buy With Me

Promising lower costs and better results, three new investment websites want your money. Is this gamble worth taking?

Darwin’s Game

Financial advisors aren’t above playing hardball to discredit the competition and win clients. Here’s how we do it.

Q and A: Bill Harris

A tech entrepreneur with an impressive track record turns his attention to wealth management—and proposes some big changes.

The Trouble With FINRA

The financial industry’s little-known watchdog lacks teeth.

How to Invest in the Booming Chinese Wine Industry

With a population of 1.3 billion, China is the largest potential market for wine in the world. At the moment, the Chinese don't drink a lot of wine—about.5 liters annually per capita, as opposed to 55 liters in France. But that's changing fast: the yearly growth rate of Chinese wine consumption is about 15 percent. Worldwide, it's roughly 1 percent.

For a foreigner, taking the plunge and investing in a winery in China is not easy. Here are 12 tips from those who have done it.