When combing through new investment ideas, advisers would be wise not to ignore mutual funds and separate-account strategies at the bottom of the heap.
OppenheimerFunds Inc. has elected to shutter its OFI Tremont Core Strategies Hedge Fund and start returning the fund's roughly $100 million in assets to clients.
The Fed has forecasted an inflation rate of less than 1% this year and less than 1.7% for 2010 and 2011.
A client wants to pay off his mortgage with a retirement account distribution and is wondering about the short- and long-term financial ramifications.
Smith Barney, facing a rising number of broker departures from its branches, this month hit four ex-reps and a rival broker-dealer with a lawsuit.
Hard times are on the horizon for insurers as commercial mortgage exposure haunts carriers and capital levels shrink, according to Fitch.
Prices of existing single-family homes tumbled 18.2% on average in the fourth quarter of 2008, marking the biggest year-over-year price decline in 21 years
