In an era of unprecedented dividend cuts, money managers and financial advisers are stepping up their due diligence when searching for income.
As might have been expected, the extreme nature of the economic downturn continues to spawn ways for investors to navigate the financial markets.
The global economic crisis could turn out to be a blessing in disguise for the ever-expanding managed-accounts industry.
Guiding investors through the financial crisis has taken a toll on financial advisers, leading some to question their abilities, rethink their investment strategies and even take up yoga.
Managed accounts industry assets fell by 7% during the first three months of the year to $1.2 trillion, according to the Money Management Institute in Washington.
Hedge funds gained almost 4% in April, but failed to keep pace with the surging broad market indexes.
An analysis of the hedge fund industry’s first-quarter activity indicates that the $1.3 trillion industry is stabilizing, according to Credit Suisse/Tremont Hedge Fund Index LLC in New York.
These are difficult times for the mutual fund industry, which makes consideration of publicly traded fund companies as investments particularly nerve-racking.
A little more than a week after they were first issued, sales of Build America Bonds have reached nearly $10 billion and are climbing.
