The SEC today charged that Allen Stanford and his financial companies also falsely promoted the Stanford Allocation Strategy fund mutual fund wrap program.
While equity markets have shown little signs of rebounding, hedge fund strategies considerably improved their performance last month.
Institutional investor confidence worldwide increased 12.7 points to 72.9, from January’s level of 60.2.
Americans’ confidence in their own financial security continues to drop, according to an index that showed a steady decline in people’s views over the past six months.
The stock market may be reeling, but small fund groups are faring better than bigger ones — at least in terms of bringing in fresh cash.
Mutual fund wrap accounts, sometimes seen as a retail-class underling to more sophisticated separately managed accounts, are gaining a bigger following.
Pacific Investment Management Co. LLC recently unveiled its first global bond index.
Although financial advisers generally welcome new exchange traded funds that invest in municipal bonds, some industry experts question whether they are the best way to access such an opaque market.
Absolute-return investing is an innovative strategy because it focuses on pursuing returns while still managing risk.
