American Funds' offerings led the international category in the first quarter, says Cerulli Associates.
A New York-based hedge fund has raised $2 billion and may launch an activist assault on the “King of Beers," according to a New York Post report.
Prudential Financial today announced that it would close its equity research and trading business, with a loss of some 420 jobs.
WisdomTree Investments today announced the launch a new dividend-weighted exchange traded fund that invests in international real estate.
Mutual funds continue to support the lion's share management-backed proposals that determine how top executives are paid, according to a new report.
An association has been formed to educate and advocate about issues relevant to 401(k) independent record keepers.
Jesper Koll, an economist for Merrill Lynch based in Japan, has resigned from his post, published reports said.
Wealthy investors who use registered investment advisers are only indexing 3.8% of their marketable securities.
Scot Warren was appointed managing director for equity indexes at the Chicago Mercantile Exchange, according to a statement from the exchange.
Bear Stearns has joined with a group of Saudi Arabian executives to provide investment products that comply with Islamic law.
