Second-quarter net income for asset manager rose 18.5% to $35.2 million from $29.7 million in the year-ago period.
Insurance industry representatives and regulators could not agree on moving ahead with comprehensive reform legislation.
The member firms on the new committees have agreed to take a series of actions to enhance the U.S. covered-bond market.
In a bid to increase its market share among retail investors in the United States, DWS Investments has pursued a branding strategy and broadened its product line.
Focus Financial has acquired Wespac, an Oakland, Calif.-based RIA and benefits administrator.
There were 106 hedge fund launches in Europe in the first half of 2008, a 45% decrease from a year ago.
Financial advisers typically spend months working with a business consultant to develop a plan for expanding their firms, and face a bill of at least several thousand dollars.
Natixis Global Associates this week will announce an expansion of its retirement business, including the appointment of Tracey Flaherty, formerly of Bank of America Corp. and Fidelity Investments, to senior vice president of retirement strategy, a new post.
Break the mold and create a memorable and rewarding client appreciation event that gives back to the community.
A sweeping housing bill is expected to be signed into law by President Bush in the middle of this week.
