Bloomberg – Brazilian money managers will open more funds targeting real estate, private equity and corporate debt as record low interest rates reduce demand for government bonds, said Jose Luiz Osorio de Almeida Filho, a former chief securities regulator.

Investors pulled 7.8 billion reais ($4.3 billion) from funds tied to interest rates this year, reducing their portion among total fund assets tracked by Brazil’s investment association to 14 percent, the lowest level on record. Hedge funds, asset-backed commercial paper funds, stocks and fixed- income funds attracted money after policy makers cut rates five times this year, according to the association, known as Anbid.

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Tags: fund-assets, hedge funds, private-equity-funds, securities regulator

Grand Forks Herald – The wife of disgraced money manager Bernard Madoff withdrew more than $15 million from a firm co-owned by her husband – including $10 million on the day their children turned her husband over to authorities for overseeing an alleged $50 billion Ponzi scheme, the top securities regulator in Massachusetts said Wednesday.

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Tags: 10-million, authorities, bernard madoff, grand forks herald, massachusetts, money manager, securities regulator

CNBC – Top U.S. securities regulator said Tuesday she generally supported requiring hedge funds to register with the Securities and Exchange Commission.

SEC Commissioner Elisse Walter is the latest in a growing number of policymakers to express support for more oversight for the $1.4 trillion industry. "I generally do support that notion (of hedge fund registration)," the Democratic commissioner told Reuters in an interview. "But the devil is in the details. Registration has to be meaningful."

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Tags: cnbc, democratic commissioner, devil is in the details, elisse, notion, oversight, policymakers, reuters, securities regulator, securities-and-exchange, securities-and-exchange-commission, trillion