Financial advisers said they agreed with several Supreme Court justices <a href= http://ciedit.cr.atl.publicus.com/apps/pbcs.dll/article?AID=/20091102/FREE/911029952/1022/ONLINENEWS> who appeared to suggest during oral arguments yesterday that the Securities and Exchange Commission</a> — and not the courts — should ultimately decide when mutual fund fees are excessive.
AllianceBernstein LP named Sharon Fay, a 20-year company veteran, chief investment officer of equities to replace Lisa Shalett.
While emerging markets have seen a great run in the past year, Janus and Causeway representatives said they believe some of the best investing opportunities going forward are in global funds, those that invest both in the United States and emerging markets.
The mutual fund industry has long been dominated by a handful of companies, but continuing fallout from the recent market downturn and other structural factors have created opportunities for nimbler, smaller companies to gain more business.
Embattled developer Kent Swig is trying to bundle some of his Manhattan properties into a real estate investment trust.
About 800 mutual funds that were affected by some illegal market-timing activities of brokers at Prudential Equity Group LLC will receive a distribution of $185 million as part a settlement Prudential reached with the Securities and Exchange Commission.
Despite a generally bearish outlook for most global markets, Gerald Buetow, chief investment officer at Innealta Capital, talks about ways to navigate through the carnage, even if that means sometimes turning to cash as a hedge.
Jerry Thunelius takes four of his fixed-income-unit members with him; were they operating in Pimco's shadow?
Although the selection of a bond fund executive to lead equity-oriented Janus Capital Inc. stunned industry watchers last week, Richard M. Weil — the former Pimco chief operating officer — may be just what the $152 billion fund company needs.
John Hancock Funds LLC and MFS Investment Management have separately made changes to their compensation programs to encourage wholesalers to diversify the funds they sell and the advisers to whom they sell them.
Property values have now risen by almost 15% since hitting their lows in May 2009, according to Green Street Advisors Inc., but values are still off about 30% from their late 2007 peak.
With regulators and lawmakers continuing to scrutinize the blowup of target date funds in 2008, AllianceBernstein LP is adding a component to its lineup of target date funds aimed at managing market volatility better.
With regulators and lawmakers continuing to scrutinize the blowup of target date funds in 2008, AllianceBernstein LP is adding a component to its lineup of target date funds aimed at managing market volatility better.
Funds also saw higher flows due to investors' improving confidence in the market, and target-date funds' popularity as a qualified default investment option in 401(k) plans
Which bond funds are producing equity-like returns this year?
Five of the seven top-performing target date funds are composed of only proprietary funds, according to a report released today.
Money managers and financial advisers need to start looking beyond domestic equity and other traditional asset classes for risk-adjusted returns in the current market, according to Kevin Mahn, chief investment officer with Hennion & Walsh Asset Management Inc.
Invesco Ltd. is likely to keep intact most of the Morgan Stanley/Van Kampen operations <a href= http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20091019/FREE/910199972/1022/ONLINENEWS >which it said last night that it will acquire for $1.5 billion</a> — although some changes to the $119 billion retail money management business it's buying are expected — Martin Flanagan, president and chief executive of Invesco, said in an interview with InvestmentNews.
The current environment is most definitely a stock-picker's market, says the firm's managing director. His advice? Focus more on company fundamentals than sectors or the economy
