Advent Software completes acquisition of Tamale Software, and Minuteman Advisor Services offers an online portfolio rebalancing platform.
Hedge funds had their worst month in a decade in September because of short selling restrictions, the liquidity crunch and stock volatility.
The broker-dealers in the AIG Advisor Group Inc. will be included as part of the massive asset sale that parent company American International Group Inc. could unveil as early as tomorrow, according to an investment banking source who asked not to be identified.
Confidence among wealthy investors fell to all-time lows last month as economic turmoil and market conditions had investors fretting, according to a report by Spectrem Group.
The proposed legislation would have specified the requirements to obtain a life settlement license, as well as disclosure requirements at the point of solicitation.
Gloom, doom, pain and much suffering are all in the forecast for at least the next five years, according to renowned market bear David Tice, founder and president of David W. Tice & Associates LLC in Denver.
Delaware Management Holdings Inc. hired Fred Alger Management Inc. to manage part of its $900 million multimanager Optimum Large Cap Growth Fund (OILGX), beginning on Tuesday.
As part of the agreement, Hilb Rogal shareholders could either choose to receive Willis common stock or a combination of stock and cash.
Jon A. Boscia has joined Sun Life as its president and will handle the company’s overall U.S. business, with the exception of Massachusetts Financial Services Co. He will oversee worldwide marketing.
U.S. private-sector companies lost 8,000 jobs in September, far fewer than expected after 37,000 positions were shed in August, according to the monthly ADP National Employment Report released today.
