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.

10 Questions For your Financial Advisor

How savvy is your investment advisor? Ask these questions and find out.

Getting the Record Straight

How do you know how a financial advisor has performed for his or her clients? By asking for the advisor’s track record—and reading the fine print.

Retirement Ready

In this new economic world, how should your portfolio change as you approach retirement? Here’s what the experts say.

Top 10 Ways to Transfer Wealth

When President Obama signed the Tax Relief Act into law last December, the new legislation paved the way for individuals and families to give away an unprecedented amount of money without triggering any IRS penalty. Through 2012, the lifetime gift exclusion rises from $1 million to $5 million, with a 35 percent tax rate on anything over that amount. The change means individuals can give up to $5 million tax-free; couples, twice that. For the same period, the estate tax allows a $5 million exemption. Estate attorneys and financial planners advise their clients to act now—before the generous new limits disappear. Here are 10 strategies for doing just that.