As [Lee] Ainslie [founder of Maverick Capital Ltd. of Dallas] began attracting assets and adding investment staff, he created a business model that differs slightly from those of most large funds, which generally fall into two categories.
Speculators seem to know more than political pundits when it comes to predicting election outcomes.
Because of the market volatility of recent days, determining which hedge funds will perform well is as difficult a task as it has ever been.
Complying with new 401(k) fee disclosures will be an arduous task, said a number of leading attorneys.
If an investor had invested $1,000 in the Pioneer Fund when it was launched in 1928, his or her heirs would be millionaires today.
Mark R. Fetting thinks that he can hit the ground running as the new president and chief executive at Legg Mason Inc.
A broker who was recently booted from the securities industry has cost Next Financial Group Inc. and Raymond James Financial Services Inc. dearly — with the two firms paying out almost $850,000 to settle cases involving clients who got burned.
Sen. Hillary Clinton's bid for the White House may rekindle momentum behind a bill she co-sponsored last year that would offer a tax break on some annuities, according to a retirement trade group.
Investors often ask me why an exchange traded fund they own paid a big gains distribution. The answer is simple, but the lessons can affect the advice you give your clients.
