Janus Capital Group Inc. yesterday said that its trustees approved a proposal to merge its two retail-fund series.
More layoffs are expected at American Funds this year, although the announcement will not be finalized until June.
Wealthy investors may be pessimistic about the economy, but most didn’t plan on changing their long-term investment approach, according to a new survey.
Investors who are still awaiting payouts from Reserve Management Co. Inc. — the New York-based firm whose $63 billion money market fund "broke the buck" last year — appear to be taking matters into their own hands.
The Internal Revenue Service is allowing tax relief and refunds for some investors who paid taxes on earnings from their investments with Bernard Madoff.
Nobel laureate economist Paul Krugman has told the European Union that its effort to spend its way out of recession 'really is disappointing.'
An investor has filed a class action against Prudential Financial Inc. and a slate of its executives, alleging that the insurer violated federal securities laws in a June 2008 public offering of junior subordinated notes.
E*Trade Financial Corp. today announced the launch of a series of online tools aimed at helping its customers select fixed-income products.
The Obama administration announced Monday that the 21 largest banks receiving government money must report monthly on how much lending they do to small businesses.
<b>The challenge:</b> While there are countless ways a retirement advisory board can be of value to your practice, it’s difficult to sustain the board’s excitement and energy after the first meeting.
