The U.S. economy will grow a sluggish 2.1% in 2008 according to the SIFMA's Economic Advisory Roundtable.
Investors eyeing socially conscious funds are no longer looking merely at the social issues; they are also looking for performance — a change that has resulted in new offerings from fund firms in asset classes that have been underrepresented in this market for nearly a decade.
Despite the drop in assets, 26 new ETFs were added to the market last month, brining the total number to 612.
NorthStar Systems has rolled out a wealth management platform that includes a suite of services building on the company's many individual offerings.
Shares of MBIA surged today after the bond insurer said that a private equity firm would inject up to $1 billion of fresh capital into the struggling company.
Advisers thinking about treating themselves this holiday season to new office PCs running Microsoft Vista should think twice: Only a tiny fraction of an adviser's core professional software is likely to be Microsoft Vista-compatible.
Despite once having been seen as betraying financial advisers, The Vanguard Group Inc. of Malvern, Pa., continues to ratchet up efforts to court them.
The performance of managed futures is languishing, but that hasn't diminished their appeal among financial advisers.
Maybe the housing market isn't tanking after all. Hedge fund manager Louis Bacon, head of New York-based Moore Capital Management LLC, last month bought the Forbes family's Colorado ranch for what is believed to be the largest sum ever paid for a home purchase in the United States: $175 million.
As 2008 rolls around, it will bring an important historical marker: The five-year anniversary of the bull market.
