It's been an up and down year for fund firms and their stock pickers. Nevertheless, a number of portfolio managers emerged as investor favorites during 2011. Here are the hottest of the hot.
The latest quarter was an enormous relief for many major money managers, which reported gains in assets under management for the three-month period ended in September, though several still saw declines from a year earlier.
Jamie Dimon, JPMorgan Chase & Co.'s chief executive, expressed frustration about how bankers have been vilified since the financial crisis began last year.
Companion bills renew a past congressional attempt to make it harder for taxpayers to avoid paying capital gains taxes on certain investments.
Corporate-owned life insurance would face new restrictions under a bill sitting in a House subcommittee.
Several measures that would put art and collectibles’ tax treatment on par with other investments are sitting in committee.
Securities regulators voted last month to adopt a temporary rule allowing brokers with non-discretionary advisory accounts to continue making principal trades.
The SEC and Federal Reserve last month approved rules that will allow banks to continue selling some securities products and services without registering as brokers.
The Securities and Exchange Commission last month approved a FINRA rule governing the sale of deferred variable annuities.
The deadline is approaching for financial firms to comply with an SEC rule intended to curb market timing and abusive transactions in mutual funds.
