Harbor Funds of Chicago launched a new global fund to its lineup today.
Congress should permanently push back the age at which retirement savings account holders must take withdrawals, the head of the Investment Company Institute testified last week.
Taking the grunt work and the guesswork out of retirement account tax management could be right around the corner, assuming that a new product from LifeYield LLC can live up to the hype building around it.
Publicly traded asset management companies tend to lead market recoveries, but the fast and brutal decline in mutual fund assets makes the firms' ability to front a recovery doubtful.
More than half of registered investment advisers responding to a recent survey believed that the market slide made it a good time to invest in stocks, and 93% said their clients were not cashing out their investments.
Panelists addressed myriad issues at the annual marketing conference held in New York by NAVA Inc., the Reston, Va.-based variable annuity trade association.
Neither investors nor their advisers are feeling particularly positive these days, according to research conducted by OppenheimerFunds.
With the stock market down more than 16% in 2009, following a 38% drop last year, the idea of a non-correlated investment strategy has probably never sounded better.
