Nuveen Investments Inc., the asset manager owned by Madison Dearborn Partners LLC, plans to start a fund to buy corporate debt, the firm said in a prospectus filed today with the U.S. Securities and Exchange Commission.
Open-end U.S. municipal-bond funds dropped an average 3.7 percent in the past month as investors withdrew money for the first time in seven months.
Securities America reported an ugly $115 million loss in the first quarter, which may not seem overly appealing to potential buyers. Then again, most of the red ink was due to litigation costs. And with the B-D's legal troubles seemingly behind it, the brokerage could be poised for better days.
Gas isn't the only thing that is getting more expensive. eying
New report supports assertions that large number of ex-commission employees represent outside clients before the agency
Debt markets not flinching, says ING's Doug Cote, a good sign stocks will bounce back; 'buy on the dips'
The CEO of besieged B-D CapWest today confirmed that the firm has filed withdrawal papers with Finra. The Colorado-based brokerage is the latest in a series of B-Ds that have gone bust after selling questionable private placements.
Pimco and other investors are boosting holdings of yuan-denominated assets as debt crises worsen in the U.S., Europe and Japan
Janus Capital Group Inc. has issued a statement clarifying that it isn't a target in the current insider trading probe, despite having <a href= http://www.investmentnews.com/article/20101124/FREE/101129976>received a subpoena last week as part of the investigation</a>.
