The Managed Funds Association, following the direction of many of its hedge fund members, is moving to get ahead of an expected trend toward increased regulatory oversight.
A cold front materialized in the first quarter for the once-hot emerging-markets-equity sector as U.S. investors pulled out $1.85 billion from the fund category.
Financial advisers favor the 401(k) fee breakdowns that would be required in the Fair Disclosure for Retirement Security Act, which was approved April 16 by a 25-19 party-line vote of the House Education and Labor Committee, even though that stance is at odds with the position taken by the mutual fund and brokerage industries.
Recent market volatility, and concerns over credit quality and availability, have caused many financial advisers to become more defensive in their portfolio strategies.
Position your practice at every board meeting and reinforce your board members’ willingness to continue as a resource.
The bank posted an 85% profit increase, thanks to a surge in net interest and net fee income along with a lowered tax rate.
While they trust financial advisers, most wealthy investors are not satisfied with the amount of information they get from their mutual fund companies, according to the results of a new survey.
The best age range to educate children about and involve them in philanthropy is five to 12, said a foundation executive.
Ex-execs committed securities fraud by allowing a hedge fund to profit by quickly trading shares, the SEC alleges.
Federated Investors Inc.’s profit increased 8% in the first quarter on higher demand for its money market funds.
