ProShare Advisors is planning to roll out what could be the first exchange traded fund to follow a 130/30 investment strategy.
Bailed-out insurer AIG should be broken up eventually because its two main businesses have “no strategic fit between them,” according to Harvey Golub, its former chairman
But these three fund firms would likely take the biggest hit under current proposal
Finra wants broker-dealers that sell risky Regulation D private placements to engage in a more vigorous due diligence process, “pushing and pulling” for information about the products, according to Richard Ketchum, chairman and chief executive of the Financial Industry Regulatory Authority Inc.
Behavioral-finance experts have come up with a few strategies for financial advisers working to help clients overcome natural human tendencies that can lead to money-related mistakes.
John Hirsch, 57, has been buying municipal bonds during the past four months, taking advantage of falling prices as muni funds are forced to sell them to cover withdrawals
Tuition at Leysin American School in the Swiss Alps is $72K a year, but at least the skiing's good
David Lerner Associates Inc. has been accused of targeting unsophisticated seniors while selling real estate investment trust shares without considering whether the illiquid securities were suitable for its clients
Asset management unit relaunching high-income fund as floating-rate fund; such offerings have seen record inflows on inflation worries
