Inch by inch, Americans are recovering some of their vast loss of wealth from the recession, thanks to gains in stock investments and home values.
The next wave of opportunities in the equity markets will be big, “boring” companies that have been largely overlooked in the current rally, according to hedge fund manager Joel Hirsch.
After a decade of pushing fee-based services, Wall Street is slashing and burning the infrastructure that has supported the business.
Investment managers are gathering into a bull stampede, according to the latest findings from Russell Investments.
Affiliated Managers Group will buy the global private equity fund-of-funds business of London-based Pantheon Ventures from Russell Investments for at least $775 million, AMG announced today.
Stock futures are indicating a higher opening on Wall Street after Abu Dhabi provided a surprise $10 billion bailout to Dubai to help with debt repayments.
John Hancock Funds LLC will file with the Securities and Exchange Commission in the next few weeks plans to launch actively managed exchange-traded funds, according to an official at the firm.
Wells Fargo & Co. said Tuesday it will sell stock for $25 per share to help repay $25 billion in government bailout money.
Stocks are edging higher after a bailout of the troubled emirate of Dubai helps allay concerns over global credit problems.
Administration officials and members of Congress fret that banks aren't lending enough, and that companies aren't hiring enough, to reduce unemployment significantly and get the economy moving again.
Strategic Point Investment Advisors LLC, a wealth management firm that was one of the original affiliates of Focus Financial Partners, has sued the company to get access to its financial data.
With representatives from nearly 200 countries hunkering down this week in Copenhagen, Denmark, for the Summit on Climate Change, the tendency to dwell on Earth-saving causes and carbon footprints is understandable and even noble.
After questioning the underpinnings of Jeremy Siegel's “stocks for the long run” fame in 2009, Lubos Pastor may spend next year poking holes in the message of Burton Malkiel.
Advisers who grapple with the complexities of retirement income will be getting more help next year from Moshe Milevsky, an associate professor of finance at York University in Toronto and executive director of the Individual Finance and Insurance Decisions Centre.
Sen. Christopher Dodd has his own reasons for pushing hard for financial services reform next year.
The mutual fund industry's Holy Grail is a fund that can provide investors with a guaranteed stream of income without tying up the client's money in an annuity.
The tough economic environment has forced many older Americans into a “recession lifestyle,” in which they're slashing spending and making other sacrifices in order to make ends meet, a new survey has found.
Morningstar Inc., a provider of investment research, said Friday it has agreed to buy Logical Information Machines Inc. for $51.5 million.
Stocks rose Friday after a report on retail sales indicated consumers are picking up their spending.
European markets followed Asian stocks higher Friday as a big improvement in China's exports pointed to rising global demand.
