A growing trend toward the use of more outside investment products by trust banks could present a broader distribution opportunity for the mutual fund industry, according to the latest research from Cerulli & Associates Inc.
The consolidation and regulatory changes facing the wirehouse brokerage industry is proving to be a bonanza for David A. Noyes & Co., an advisory firm that recently added six veteran financial advisers to its ranks.
The feathers continue to fly in the brouhaha between The Charles Schwab Corp. and New York Attorney General Andrew Cuomo.
ProShares Advisors LLC announced today the launch of a third exchange traded fund that lets investors bet on a downturn in long-term U.S. Treasury bonds.
New York Attorney General Andrew Cuomo filed a lawsuit today against The Charles Schwab Corp., claiming the brokerage firm misled customers about the safety of auction rate securities — and the firm is digging in for a fight.
After gaining an average of 13.9% last year, managed-futures funds have come back down to earth this year as their managers sit with cash and look for signs of a discernable market trend.
Atticus Capital LLC, a New York-based hedge fund shop, is returning $3 billion to investors as the company founder opts out of the hedge fund business, according to a letter sent to shareholders yesterday.
Hedge funds lagged the equity markets in July, as many of these alternative asset class managers now appear to be proceeding with caution after several consecutive months of strong gains.
The residential-real-estate market, after virtually falling off a cliff from its apex of a few years ago, is being buoyed by a recent string of positive sales data.
In the wake of the historic real estate meltdown, it is easy to make a case for investing in non-traded real estate investment trusts.
