Hedge funds — facing forced margin calls and investment redemptions — are selling off wide swaths of their private-equity-type investments in search of cold hard cash.
With stock market volatility on the rise, the time is right for financial advisers to consider convertibles for a place in client portfolios.
Index managers are holding steady despite the market downturn, according to a biannual survey of managers of indexed assets by InvestmentNews' sister publication Pensions & Investments.
With investor confidence in the global financial markets at a severe low point, driven even lower last week by the crumbling of Wall Street giant The Bear Stearns Cos. Inc., planners are facing the challenge of how to maintain clients' confidence in the midst of the credit turmoil.
We are as suspicious of public markets as we are of public toilets.
For nearly a decade, Jon E. Drucker has been a thorn in the side of Ameriprise Financial Inc.
Advisers are generally satisfied with the dozen-plus retirement-planning software applications and calculators available to them.
One William Street Capital was founded by David Scherr, who worked for Lehman for 21 years.
Municipal borrowers plan to pull at least $21 billion of bonds out of auction rate securities by May 1, Bloomberg reports.
