Ameriprise Financial Inc. has defeated a group of advisers who sought a class action alleging that, because the company recently changed its name, the power of its brand had been diminished.
The Morgan Stanley Real Estate Fund VII Global will invest at least $1.46 billion in China over the next few years.
Janus Capital Group Inc. today launched Janus Adviser Modular Portfolio Construction Fund (JSMPX), a fund of funds.
Facing jail time, a former branch manager for Banc of America Investment Services Inc. and A.G. Edwards & Sons Inc. owes two former clients $4.5 million after losing an arbitration claim last month.
Munder Capital Management Inc. has announced plans to exit the money market mutual fund business.
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.
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.
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.
