Mutual fund companies are be-ginning to churn out products that focus on delivering absolute, rather than relative, returns.
Enrollment in prepaid-college-tuition programs has soared since the financial crisis began last fall.
Investors expect mutual fund boards to fight for lower fees, but in this market environment, that is unlikely to happen.
Private-equity investors appear to be leading the pack of likely buyers for the three broker-dealers in the AIG Advisor Group, which houses 6,571 representatives, according to a number of industry sources.
While few mutual funds delivered positive returns last year, some of the biggest losers ultimately could deliver the largest tax benefit to investors, as accumulated net capital losses may offset future gains.
Van Eck Global has launched a high-yield municipal bond exchange traded fund, the Market Vectors High-Yield Municipal Fund (HYD).
Two members of the Securities and Exchange Commission today called for harmonizing regulations of broker-dealers and investment advisers.
The United States shed 598,000 jobs in January and the unemployment rate rose to 7.6% from 7.2%.
The Department of the Treasury under former Secretary Henry Paulson took a “passive-investor” approach to buying stakes in financial institutions.
