Investment researcher Morningstar Inc. said Tuesday it acquired the Footnoted business of Financial Fineprint Inc., which reviews companies' regulatory filings and highlights examples of potential financial troubles or excessive compensation.
The demise of Ivy Asset Management apparently had been anticipated for some months by its employees.
The latest housing initiative announced today by the Obama Administration draws the U.S. government and, by proxy, all taxpaying Americans, further into the inescapable quagmire of a devastated real estate market.
Invesco PowerShares Capital Management LLC today unveiled the first exchange-traded fund to invest in an index of closed-end funds.
Money managers and advisers have spent their careers avoiding Japanese stocks.
An upturn is coming in the publicly traded real estate space, and investors need to be nimble to take advantage, says Ritson Ferguson, manager of the $1.9 billion ING Global Real Estate Fund
Two Bear Stearns executives who ran hedge funds that crashed in 2007 amid the subprime mortgage meltdown were acquitted Tuesday of lying to investors about the looming crisis on Wall Street.
While the Supreme Court's ruling last week on a controversial lawsuit over mutual fund fees was viewed as a huge win by the mutual fund industry, the decision will likely put more pressure on the boards and managements of fund companies to defend their fees and could open the door to even more litigation.
To tap into the potential of some of the world's fastest-growing economies, investors need to look beyond the broad emerging-markets categories and start paying attention to the specific sectors and industries that actually drive performance.
Private equity funds pulled in $50B during the first quarter. That's still well below what they raised in pre-crisis days
U.S. equity mutual funds and exchange-traded funds posted a seventh straight week of inflows — their longest winning run since a nine-week stretch that ended in the forth quarter of 2004 — according to data released today by EPFR Global, an industry data provider.
The Securities and Exchange Commission will reassess the 12(b)-1 fees collected by brokers as compensation for selling and servicing mutual funds, SEC Chairman Mary Schapiro said today.
These ten funds have out-performed in one of the most talked about sectors
Nuveen Investments Inc., the asset manager owned by Madison Dearborn Partners LLC, agreed to buy the stock and bond funds of U.S. Bancorp's FAF Advisors unit for $80 million in cash and a 9.5 percent stake in Nuveen.
Portfolio of just 29 stocks is constructed by screening out any company lacking at least a 10-year record of 15% or more return on equity.
Mr. Wordell believes credit issues are declining and an improving economy will help financial firms develop more operating leverage, while the appeal of the industrial sector follows the theme of a “massive global infrastructure spend-out over the next 20 years.”
Financial advisers with clients in California are increasingly recommending a cutback in exposure to the Golden State's tax-exempt bonds.
Several Supreme Court justices seemed unsympathetic Monday to calls for the courts to get involved in reining in what investors are calling "excessive" fees on mutual funds, a popular investment vehicle for millions of Americans.
