Major losses at prominent hedge funds are causing pension fund managers to second guess hedge fund investments.
New York Life Insurance Co. has named Steven Lash as senior vice president of the corporate finance department and Richard Witterschein as the company’s new first vice president and treasurer of the department.
Regulators continue to leave independent- contractor broker-dealers in the lurch over the tricky issue of how brokers can use clients’ private information when moving accounts to a new firm.
A federal judge refused to allow investors to seize the assets of two hedge funds of Bear Stearns' for 10 days, but indicated he is considering lifting the funds' U.S. bankruptcy protections.
Like LinkedIn’s 13 million other registered users, financial advisers are discovering that online networking can pay off.
Senate Finance Committee leaders are working on a plan to resurrect legislation to cap deferred compensation, which they could reintroduce next month as part of a bill that would extend popular education tax breaks.
Institutional investors have put more money into global strategies since the start of the year, but retail investors and their financial advisers so far seem to be behind the curve.
In the race to show the highest-producing sales forces, brokerage firms may be goosing the numbers.
Inflation appears to be contained, but that hasn’t stopped inflation-protected-bond funds from outperforming.
