In a year of seemingly endless bad news for hedge funds, many hedge-fund-of-funds managers, especially institutionally focused firms, actually thrived.
Most investors will probably look at the recent performance of Asian stocks and run screaming, but some industry experts recommend that they stand pat.
The Congressional Human Rights Caucus is pressuring mutual fund companies voluntarily to divest their holdings in companies that do business in Sudan.
The sputtering economy is continuing to take a toll on college savings, but Section 529 college savings plan officials remain upbeat.
When politicians from Al Gore to T. Boone Pickens push for an issue such as alternative energy, you might think the sector is a bright spot in the struggling stock market.
Financial advisers could soon find themselves paying more for AIG's variable annuities.
The extreme stock market volatility kicked off a week ago when the Dow Jones Industrial Average dropped more than 500 points underscored the fear spreading across the investment community, leaving financial advisers scrambling for answers and sound advice.
Last week's implosion on Wall Street has given financial advisers and their clients a jolt of unprecedented proportions.
Defending his decision to drive Merrill Lynch & Co. Inc. into the arms of Bank of America Corp. in less than 48 hours of negotiations, Merrill chief executive John Thain told the firm's 16,000 brokers last Monday that he had saved their jobs.
Legg Mason Inc. has entered into agreements to support three money market funds: Citi Institutional Cash Reserves, Western Asset Institutional Money Market Fund and a fund for offshore investors, CILF U.S. Dollar Liquidity Fund.
