CHICAGO — Financial advisers play a big role in directing individual retirement account rollovers. Fully 67% of individuals who completed a rollover during the two-year period through April did so with the help of a professional adviser, according to a study released Aug. 23 by Spectrem Group in Chicago.
PONTE VEDRA BEACH, Fla. — Thanks to the largesse of the FedEx Cup, the best retirement plan in sports just got better.
A judge denied bankruptcy protection for its two failed hedge funds and refused to protect the firm from U.S. lawsuits.
Cheyne Capital Management is asking SIV investors to refinance to put off an enforced asset sale, published reports said.
Investment companies will now be able to invest in the company’s ETFs beyond the limits of Section 12(d)-1.
The tax-services giant reported a first-quarter net loss of $302.86 million, or $0.93 per share.
Hedge funds have become the big fish in the debt-trading pool, according to a report by Greenwich Associates.
The First Trust Dow Jones STOXX Select Dividend 30 Index was launched as an exchange traded fund.
Cheyne Capital Management, a London-based independent hedge fund manager, may be forced to liquidate some assets to repay its creditors.
MSC is the subject of a complaint by FINRA concerning the firm's allegedly shoddy VA bookkeeping.