The hedge fund industry saw investment returns decline by 1.4% in June. That's hardly a banner month, but the hedgies still managed to outperform the broad equity markets, which fell by 5.4% in June.
Pessimism and fear are creating opportunities in the second half of 2010 for those with cash, said Terry Diamond, chairman of Talon Asset Management.
Investors will soon be able to see more customer complaints, criminal convictions and rulings against brokers, a securities regulator said Tuesday.
Despite a tepid response from plan sponsors, asset management firms continue to develop and promote annuity-enhanced target date funds, insisting that demand for retirement income will spur interest.
Forget about pulling out that straight-backed chair when a client walks into the office; these days, some financial advisers are directing clients to the couch
Yesterday and today, he's moved the markets. And eventually, he will actually play basketball. But after tonight, all of the rumors about where LeBron James will play next year will finally come to an end – and so will the ride that one stock has had over the last two days because of all the speculation over King James' next move.
LeBron James, the National Basketball Association's Most Valuable Player the past two seasons, should sign a short-term contract and plow his wealth into gold and silver to protect himself against hyperinflation, according to the National Inflation Institute.
The sovereign-debt crisis in Europe is resulting in huge opportunities for value investors, speakers told attendees at Morningstar Inc.'s 22nd annual Investment Conference in Chicago last week.
Elderly heiress loses bid to stop daughter from challenging $1.4B in gifts to younger man
Nevin Shapiro, the former owner of Capitol Investments USA Inc., was indicted for allegedly leading an $880 million Ponzi scheme keyed to a bogus wholesale grocery distribution business, the U.S. Justice Department said.
