Small-cap companies in the Russell 2000 Index climbed 3.6% during August, turning out a positive return for every sector, according to Russell Investments of Tacoma, Wash.
Two former Credit Suisse brokers were charged today with defrauding their customers by making more than $1 billion in unauthorized purchases of subprime-related auction rate securities.
Ladenburg Thalmann continued its expansion into the independent-contractor B-D industry by snagging two managers from Ameriprise Financial.
Henderson Global Investors, the Hartford, Conn.-based unit of Henderson Global Investors Ltd. of London, has launched the Henderson Industries of the Future Fund.
Retail ownership of U.S equities is at a record low, according to The Conference Board Inc.
Insured losses from Hurricane Gustav were not large enough to affect the creditworthiness of the insurance and reinsurance industries, S&P said.
U.S. construction spending slipped 0.6% in July to a seasonally adjusted annual rate of $1.084 trillion, its lowest July level since 2004.
Due to their longer life expectancies, woman should allocate much less to equities than advisers normally recommend, according to an academic paper.
The market for alternative investments among retail investors may not be as robust as the industry anticipates, according to recent survey conducted by Keefe Bruyette & Woods Inc.
With new products emerging and a streamlined global regulatory regime on the horizon, the scope and popularity of exchange traded funds is growing.
