The University of Texas Investment Management Co. has taken the advice of Dallas hedge-fund manager J. Kyle Bass and now holds 6,643 gold bars, worth $987 million on April 15, in a bank warehouse in New York
Ameriprise Financial Inc., two of its Securities America units and a group of investors who sued them asked a U.S. judge to approve a proposed $80 million cash settlement
The SEC will not bring an enforcement action against Amaranth Advisors following a three-year investigation, according to an Aug. 19 letter to Amaranth's attorney from Philip Koski, assistant regional director in the SEC's Boston office, which was obtained by P&I Daily.
Social media may be all the rage, but it's also a major headache for compliance managers. New software may help ease the pain.
Advisers notified clients about planned reduction in features, hike in fees
Residential real estate prices dropped in January by the most in more than a year, raising the risk that U.S. home sales will keep slowing
Eighteen of 20 major metropolitan areas saw residential property prices decline over the last year; 'builders just can't make a profit'
Putnam Investments has released a series of three new retirement income funds and paired it with a planning tool for financial advisers.
