London's Henderson Global Investors will launch a $1 billion fund focused on Asian real estate, according to a Financial Times report.
The Robin Hood Foundation is under scrutiny by Congress for investing charitable money into its donors’ and members’ hedge funds, Bloomberg reported.
An ex-COO is suing the company, saying he was unfairly compensated in the wake of a bid-rigging scandal.
Registered investment advisers are the fastest-growing distribution channel for mutual-fund-based small-business 401(k)s. Starting from a small base, they are adding assets at the rate of about 14% a year, according to Boston-based Financial Research Corp.
Jon A. Boscia’s retirement announcement this month has nothing to do with the company’s merger prospects or its financial performance, according to the chief executive and chairman of Lincoln Financial Group.
Talks about the proposed merger between two Toronto-based securities industry self-regulating organizations are hiccupping along.
An upsurge in mergers-and-acquisitions activity in the investment management industry is leading some market insiders to speculate that deals involving some well-known companies may be in the works.
Some brokerage firms are miffed about higher registration fees that Florida implemented this month, and blame the Securities Industry and Financial Markets Association for not doing enough to stop the increases.
After a long, hard slog, H&R Block Financial Advisors Inc. has found its way to profitability, and it expects to stay there, but its parent company’s long-standing goal of turning millions of tax clients into brokerage clients remains elusive.
Two legal decisions this month related to equity index annuities make clear that plaintiffs must attack specific annuity provisions or standardized marketing materials in order to show the “commonality” needed for class action certification.
