So far, star analyst's prediction of disaster for tax-exempt sector way off the mark; other made similar forecasts
Analyst says not enough political will to prevent collapse; 'won't be a surprise'
Once the darling of investors, emerging market funds have lost their luster over the past year. Now, Goldman Sachs says the halcyon days for the largest emerging economies -- Brazil, Russia, India and China -- are at an end. | <b>Extra</b><a href="http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&Date=20111215&Category=FREE&ArtNo=121509999&Ref=PH">Top international funds in 2011</a>
A small broker-dealer in Buffalo is shutting down next year because its five teams of financial advisers want to find a better fit for their individual businesses.
The euro fell below $1.30 for the first time since January as Italian borrowing costs increased at a debt auction and Spanish banks' borrowings from the European Central Bank climbed by the most in a year.
Dire predictions off the mark as key indicators continue to surprise; 'missing the underlying strength'
Facing tremendous economic pressure and regulatory hurdles, small and midsize broker-dealers will continue to close, leaving hundreds and perhaps thousands of registered representatives and investment advisers seeking new homes for their books of business next year, executives and consultants said.
Jeremy Grantham, the GMO chief investment officer, on what would would happen if markets 'over-correct' like they have after other sizable equity bubbles.
A bit of Southern hospitality mixed with big-city benefits has helped Atlanta remain an ideal place to build a wealth management business, even though it is still recovering from an economic downturn.
Raymond James Financial Inc. will see a number of upper-management changes in the new year, including the departure of Dick Averitt, longtime chief executive of Raymond James Financial Services Inc.
Price of precious metal hits three week low; allure tarnished?
Frank Holmes, chief executive officer and chief investment officer of U.S. Global Investors, stopped by the <i>InvestmentNews</i> office to talk about the direction of gold throughout the remainder of 2011, and beyond.
Sources say that the rollout of a single technology system at Morgan Stanley and its brokerage unit has been anything but seamless, with intermittent outages and other assorted glitches and snafus.
Tuition and fees skyrocket as cash-strapped legislatures look to fill budget gaps
California is closing its adviser-sold Section 529 college savings plan and folding its $283 million in assets into the state's much larger direct-sold plan, after failing to find a company to manage the adviser-sold plan.
A nation's GDP to debt ratio usually becomes worrisome near 90%. Japan's is now over 200%. Forget Europe, writes Barry Glassman, Japan is the global economy's real elephant in the room. | Related graphic: <a href=http://www.investmentnews.com/apps/pbcs.dll/misc?url=/misc/zoom.pbs&Site=CI&Date=20111213&Category=FREE&ArtNo=111219978&Ref=V2&credit=Glassman%20Wealth%20Management>Japan vs. the Euro land.</a>
A hefty charge that ING Groep NV will take on its American variable annuity business appears to be a mixed blessing for investors hoping to snap up shares of the company's insurance unit once it makes its public debut.
Gold climbed the most in three weeks in London as a weaker dollar may accelerate demand for the metal as an alternative asset.