Stephen Schwarzman, chairman of the Blackstone Group LP, will host a fundraiser for Mitt Romney next month as like-minded donors turn their backs on President Obama.
Funds ranked by net outflows, and include total assets and outflows as a percentage of total assets.
The Supreme Court today ruled in favor of the mutual fund industry in a case involving responsibility for statements made in prospectuses. A big deal? SIFMA said a decision for the plaintiffis would have caused 'crippling uncertainty' in the securities market.
Americans are back in the borrowing mood, and even the wealthy are getting in on it when the credit is cheap enough, according to advisers.
Hedgie says European banks' assets a disaster; Greek fate awaits all countries on the continent
Masterpiece to go on sale this May; three other versions all in museums
ETFs keep growing, underscoring the importance of exactly how they are bought and sold.
The question: Are such puny yields worth it when money isn't FDIC-insured?
New research shows that too little rain -- or way too much -- leads to social unrest; irrigation doesn't help
Given the months of controversy surrounding his role as an activist investor with The St. Joe Co., a real estate developer, iconic fund manager Bruce Berkowitz isn't so sure that he wants to play that part again.
For U.S. equity investors, the next 12 months may be all about staying home.
Last year's stock market volatility has taken its toll: Financial advisers are a lot more skittish about equities now than they were at the start of 2011.
Bearer bonds from alleged Philippines plane crash are little more than wallpaper
The head of the world's biggest bond fund said he sees a more than 1 in 3 chance that the euro zone will break apart and trigger a financial crisis.
Hedge fund manager expects run on financial institutions in Spain, Greece and Italy; Latvia was coming attractions
Wells Fargo & Co. will pay up to settle criminal charges and civil claims for Wachovia Bank's conspiring to overcharge state and local governments on investments.
The following is an edited transcript of an Oct. 25 round-table discussion moderated by <i>InvestmentNews</i> deputy editors Evan Cooper and Frederick P. Gabriel Jr.
Mutual funds that invest in real estate investment trusts paid off in a big way for investors last year — as long as they stayed within the United States. The average domestic real estate mutual fund returned more than 6% last year, about 400 basis points more than the S&P 500.
