Asset manager's CEO bullish on stocks, not bearish on bonds, and big on the U.S. dollar
Another small broker-dealer that sold high-risk private placements is out of business
But these three fund firms would likely take the biggest hit under current proposal
Finra wants broker-dealers that sell risky Regulation D private placements to engage in a more vigorous due diligence process, “pushing and pulling” for information about the products, according to Richard Ketchum, chairman and chief executive of the Financial Industry Regulatory Authority Inc.
In what can only be viewed as a surprise outcome, an independent broker-dealer has won a rare legal victory in the continuing scrum over private placements that has forced several broker-dealers to shut down
Jackson National has announced it will attempt to slow down sales of it sgenerous variable annuity contracts. How it plans on going about this is another proposition.
UniCredit Group's decision to keep its Pioneer Investments money management arm could mark the end of a spate of recent divestments and the start of a period in which banks are focused instead on building their asset management affiliates.
Behavioral-finance experts have come up with a few strategies for financial advisers working to help clients overcome natural human tendencies that can lead to money-related mistakes.
The Certified Financial Planner Board of Standards Inc. finally has revoked Russian spy Cynthia A. Murphy of her planning credentials.
Investors piling into bank loan mutual funds; inflation protection the lure
Tuition at Leysin American School in the Swiss Alps is $72K a year, but at least the skiing's good
Ten months after the death of its former chief executive, wealth management firm Rockefeller Financial today hired Reuben Jeffery III, a former government official and Goldman Sachs' executive, as its chief executive.
System failures in recent weeks involving such companies as Amazon.com Inc. and Sony Corp. have cast doubts on the security and reliability of cloud computing, and should put financial advisers on high alert
Another small, independent broker-dealer that faces mounting legal claims is exiting the business, this time after selling real estate deals by a bankrupt syndicator.
Peter Muller founded Morgan Stanley's successful PDT quant unit; dubbed 'brilliant' by Clifford Asness
Queens Road Small Cap Value Fund shines during turbulent markets; sitting on plenty of cash right now
Three famed stock-pickers having a dismal year so far, with big bets crapping out; stil time to be right, however
Moore says niche deals more likely; Securities America, Investors Capital currently on the block
Muni bond transparency isn't very transparent. Indeed, making sense of muni bond funds can be an exercise in frustration. Now, a new rating system may clear things up a bit.
<i>Investors are getting nervous.</i> Hiring data is not good. Europe's a problem again. Portfolio managers are predicting a sizable drop in the market -- a downturn that may have officially commenced with Wednesday's sell-off of large caps. But Blackstone's Byron Wien doesn't seem chuffed. In fact, he says the next few months should present a tremendous opportunity for astute stock pickers.
